v3.22.2.2
Common Shares and Warrants (Tables)
12 Months Ended
Aug. 31, 2022
Common Shares and Warrants  
Summary of share issuances

Type of Issuance

 

Number of

Shares

 

 

Total Value

$

 

Warrant exercise

 

 

-

 

 

 

-

 

Private placement

 

 

-

 

 

 

-

 

Per agreements(1)

 

 

224,499

 

 

 

1,200,000

 

 

 

 

224,499

 

 

 

1,200,000

 

Schedule of warrant

 

 

Number of

warrants

 

 

Weighted

average

exercise

price $

 

Balance August 31, 2020

 

 

471,608

 

 

 

16.77

 

Cancelled/Expired

 

 

(44,161 )

 

 

67.50

 

Exercised

 

 

(610,189)

 

 

6.58

 

Issued

 

 

2,630,017

 

 

 

6.58

 

Balance August 31, 2021

 

 

2,447,275

 

 

 

8.00

 

Cancelled/Expired

 

 

(25,292 )

 

 

4.57

 

Balance August 31, 2022

 

 

2,421,983

 

 

 

8.04

 

Schedule of fair value Percentage of share purchase warrants Black Scholes Pricing Model

 

 

August 31

2022

 

 

August 31

2021

 

Expected volatility

 

 

-

 

 

 

103%

Risk-free interest rate

 

 

-

 

 

 

0.16%

Expected life

 

 

-

 

 

3 years

 

Dividend yield

 

-

%

 

 

0%

Estimated fair value per warrant

 

 

-

 

 

$6.51

 

Schedule of warrants outstanding

Number of Warrants

 

 

Weighted Average Remaining

Contractual Life

 

Weighted Average Exercise Price $

 

 

60,798

 

 

3.16 years

 

 

36.00

 

 

7,500

 

 

0.18 years

 

 

24.00

 

 

317,190

 

 

2.65 years

 

 

10.50

 

 

116,667

 

 

1.63-2.68 years

 

 

9.00

 

 

200,000

 

 

1.63 years

 

 

7.00

 

 

1,719,828

 

 

3.37 years

 

 

6.58

 

 

2,421,983

 

 

3.04 years

 

 

8.04