v3.25.2
Issuances of Common Shares and Warrants (Tables)
9 Months Ended
May 31, 2025
Issuances of Common Shares and Warrants  
Schedule of warrants activity

 

 

Number of

Warrants

 

 

Weighted

Average

Exercise

Price

 

Balance, August 31, 2024

 

 

5,931,649

 

 

$5.50

 

Issued

 

 

4,678,209

 

 

 

3.04

 

Cancelled/Expired

 

 

(3,311,687 )

 

 

5.90

 

Balance, May 31, 2025

 

 

7,298,171

 

 

$3.75

 

Schedule of warrants outstanding

Number of Warrants

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining

Contractual Life ~in years~

 

 

 

 

 

 

 

 

 

 

1,719,828

 

 

$6.58

 

 

 

0.63

 

 

483,750

 

 

 

0.95

 

 

 

2.95

 

 

314,287

 

 

 

2.31

 

 

 

3.72

 

 

102,097

 

 

 

5.94

 

 

 

3.72

 

 

4,551,019

 

 

 

3.06

 

 

 

4.63

 

 

57,190

 

 

 

3.83

 

 

 

4.63

 

 

70,000

 

 

 

1.25

 

 

 

4.90

 

 

7,298,171

 

 

$3.75

 

 

 

3.52

 

Schedule of stock options activity

 

 

Options

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining Contractual

Term

(years)

 

 

Aggregate

Intrinsic

Value

 

Balance August 31, 2023

 

 

446,936

 

 

$3.32

 

 

 

3.25

 

 

$3,600

 

Cancelled/expired

 

 

(196,000 )

 

 

2.94

 

 

 

4.27

 

 

 

-

 

Exercised

 

 

(2,500 )

 

 

1.15

 

 

 

4.16

 

 

 

-

 

Granted

 

 

696,500

 

 

 

2.91

 

 

 

4.63

 

 

 

-

 

Balance August 31, 2024

 

 

944,936

 

 

$3.11

 

 

 

3.64

 

 

$971,959

 

Cancelled/expired

 

 

(47,001 )

 

 

7.78

 

 

 

0.75

 

 

 

-

 

Granted

 

 

586,500

 

 

 

1.41

 

 

 

4.84

 

 

 

-

 

Balance May 31, 2025 (outstanding)

 

 

1,484,435

 

 

$2.29

 

 

 

3.74

 

 

$3,000

 

Balance May 31, 2025 (exercisable)

 

 

1,280,889

 

 

$2.10

 

 

 

3.65

 

 

$3,000

 

Schedule of assumptions used to calculate fair value of stock options granted

May 31, 2025

 

 

Expected volatility

 

94-98% 

  

Risk-free interest rate

 

3.57-4.18% 

 

Expected life

 

2.50 years

 

Dividend yield

 

0.00%

Estimated fair value per option

 

$0.62-$1.72