Quarterly report pursuant to Section 13 or 15(d)

Common Shares and Warrants

v3.20.4
Common Shares and Warrants
3 Months Ended
Nov. 30, 2020
Equity [Abstract]  
Common Shares and Warrants

12.        Common Shares and Warrants

 

 During the quarter ended November 30, 2020 the Company did not issue any shares or warrants.

 

A continuity schedule for warrants is presented below:

 

 

 

Number of Warrants

 

 

Weighted Average Exercise Price $

 

Balance August 31, 2019

 

 

94,177

 

 

 

41.40

 

Cancelled/expired

 

 

(25,000 )

 

 

44.90

 

Issued

 

 

402,431

 

 

 

12.74

 

Balance August 31, 2020

 

 

471,608

 

 

 

16.77

 

Cancelled/expired

 

 

(32,510 )

 

 

67.50

 

Balance November 30, 2020

 

 

439,098

 

 

 

14.68

 

 

A summary of warrants outstanding as of November 30, 2020 is presented below:

 

# of Warrants

 

 

Weighted Average

Remaining Contractual Life

 

Weighted Average Exercise

Price $

 

 

3,333

 

 

0.47 years

 

 

28.80

 

 

8,333

 

 

0.48 years

 

 

46.50

 

 

25,000

 

 

0.86 years

 

 

4.20

 

 

291

 

 

0.95 years

 

 

36.00

 

 

7,500

 

 

1.93 years

 

 

24.00

 

 

51,808

 

 

3.96 years

 

 

36.00

 

 

8,983

 

 

4.00 years

 

 

36.00

 

 

16,666

 

 

4.29 years

 

 

9.00

 

 

267,616

 

 

4.43 years

 

 

10.50

 

 

49,568

 

 

4.45 years

 

 

10.50

 

 

439,098

 

 

4.01 years

 

 

14.68