Common Shares and Warrants (Tables)
|
2 Months Ended |
3 Months Ended |
12 Months Ended |
Oct. 31, 2020 |
Nov. 30, 2020 |
Aug. 31, 2020 |
| Equity [Abstract] |
|
|
|
| Schedule of option and warrant exercises |
|
|
|
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 |
|
|
|
|
Type of Issuance
|
|
Number of Shares
|
|
|
Total Value $
|
|
|
Option exercise
|
|
|
220,000 |
|
|
|
30,030 |
|
|
Private placement (1)
|
|
|
10,689,956 |
|
|
|
2,859,914
|
|
|
Per agreements(2)
|
|
|
347,222 |
|
|
|
100,000 |
|
| |
|
|
11,257,178
|
|
|
|
2,989,944
|
|
(1) Total fees of $221,889 were paid for total net receipt of $2,638,025.
(2) The Company awarded the restricted common shares as required by consulting contracts.
|
Type of Issuance
|
|
Number of Shares
|
|
|
Total Value $
|
|
|
Warrant exercise(1)
|
|
|
1,626,513
|
|
|
|
796,122
|
|
|
Option exercise
|
|
|
430,000
|
|
|
|
66,250
|
|
|
Private placement
|
|
|
947,150 |
|
|
|
1,515,440 |
|
|
Per agreements(2)
|
|
|
250,000 |
|
|
|
234,500 |
|
|
|
|
|
3,253,663 |
|
|
|
2,612,312 |
|
(1) Includes 384,212 broker warrants exercised for gross proceeds of $191,742
(2) The Company awarded the restricted common shares as required by consulting contracts.
|
| Schedule of warrant |
|
|
|
|
|
Number of
Warrants
|
|
|
Weighted Average Exercise
Price $
|
|
|
Balance August 31, 2018
|
|
|
3,286,274 |
|
|
|
0.72 |
|
|
Cancelled/Expired
|
|
|
(17,498 |
) |
|
|
0.59 |
|
|
Exercised
|
|
|
(1,626,513 |
) |
|
|
0.49 |
|
|
Issued
|
|
|
1,183,062 |
|
|
|
1.99 |
|
|
Balance August 31, 2019
|
|
|
2,825,325 |
|
|
|
1.38 |
|
|
Cancelled/Expired
|
|
|
(750,000
|
) |
|
|
1.50
|
|
|
Issued
|
|
|
12,072,829 |
|
|
|
0.42 |
|
|
Balance August 31, 2020
|
|
|
14,148,154 |
|
|
|
0.56 |
|
|
| Schedule of warrants granted as compensation warrants by using the Black-Scholes option pricing model |
|
|
|
|
|
August 31
2020
|
|
|
August 31
2019
|
|
|
Expected volatility
|
|
91%-94
|
%
|
|
1% 117
|
%
|
|
Risk-free interest rate
|
|
0.36%-2.87
|
%
|
|
2.31% 2.87
|
%
|
|
Expected life
|
|
2 5 years
|
|
|
1 day 2 years
|
|
|
Dividend yield
|
|
|
0 |
% |
|
|
0.00 |
% |
|
Estimated fair value per warrant
|
|
0.28 0.54
|
|
|
$Nil $0.57
|
|
|
| Schedule of warrants outstanding |
|
|
# 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 |
|
|
|
# of Warrants
|
|
|
Weighted Average Remaining Contractual Life
|
|
Weighted Average Exercise Price $
|
|
|
975,325
|
|
|
0.17 years
|
|
|
2.25
|
|
|
100,000
|
|
|
0.72 years
|
|
|
0.96
|
|
|
250,000
|
|
|
0.73 years
|
|
|
1.55
|
|
|
750,000
|
|
|
1.11 years
|
|
|
0.14
|
|
|
225,000
|
|
|
2.18 years
|
|
|
0.80
|
|
| 1,562,995 |
|
|
1.20 years |
|
|
0.80 |
|
| 269,500 |
|
|
1.24 years |
|
|
0.80 |
|
| 500,000 |
|
|
4.54 years |
|
|
0.30 |
|
| 8,028,254 |
|
|
4.68 years |
|
|
0.35 |
|
| 1,487,080 |
|
|
4.70 years |
|
|
0.35 |
|
|
14,148,154
|
|
|
3.59 years
|
|
|
0.56
|
|