Annual report pursuant to Section 13 and 15(d)

Common Shares and Warrants (Details Narratives)

v3.21.2
Common Shares and Warrants (Details Narratives) - USD ($)
3 Months Ended 12 Months Ended
Jan. 12, 2021
Jan. 11, 2021
Aug. 31, 2021
Aug. 31, 2021
Aug. 31, 2020
May 31, 2021
Aug. 31, 2019
Aug. 31, 2018
Underwritten public offering $ 9,471,497              
Warrants issued     2,447,275 2,447,275 471,608 3,057,464 94,177 3,286,274
Warrants exercise price     $ 8.00 $ 8.00        
Common shares issued during period on exercise of warrants         7,333      
Common shares issued during period on exercise of warrants value         $ 30,030      
Warrants value     $ 4,015,043 $ 4,015,043 0      
Gross proceeds from issuance of an aggregate units       9,471,497 $ 2,668,056      
Fiscal 2021 Activity [Member]                
Reverse split   1-for-30 reverse stock split            
Underwritten public offering       $ 2,102,856        
Underwritten public offering unit price       $ 5.25        
underwritten public offering shares description       Each unit consists of one common share and one share purchase warrant entitling the holder to acquire one common share, for a period of five years, at $6.58 per share.        
Fees paid       $ 1,568,499        
Warrants issued     227,161 227,161        
Warrants term       24 years        
Warrants exercise price     $ 6.58 $ 6.58        
Net proceeds of the offering after deducting underwriters discount, fees and expenses       $ 9,471,497        
Common shares issued during period on exercise of warrants       610,189        
Common shares issued during period on exercise of warrants value       $ 4,015,043        
Warrants granted       300,000        
Warrants granted, exercise price       $ 9.00        
Warrants value       $ 785,895        
Warrants repriced       200,000        
Warrants repriced, price per share     $ 7.00 $ 7.00        
Total net receipt from warrants       $ 9,471,497        
Fiscal 2020 Activity [Member]                
Fees paid       $ 1,568,499        
Warrants issued     292 292        
Warrants term       24 years        
Warrants exercise price     $ 9.00 $ 9.00        
Warrants granted       16,667        
Warrants granted, exercise price       $ 24.00        
Warrants value       $ 98,081        
Total net receipt from warrants       2,638,025        
Broker warrants value       $ 221,889        
Non-brokered private placement       60,792        
Fee paid       $ 3,938        
Non-brokered private placement price per share     $ 13.50 $ 13.50        
Non-brokered private placement shares description       Each warrant is exercisable into one common share at $24.00 until the first anniversary of issuance, and thereafter at $36.00 until the second anniversary of issuance.        
Total fees       $ 128,329        
Warrants granted, exercise price 1       $ 36.00        
Fair value of broker warrants       $ 1,850        
Issued an aggregate units       294,540        
Issued an aggregate units price per unit       $ 6.90        
Gross proceeds from issuance of an aggregate units       $ 2,039,229        
Warrants exercisable     267,608 267,608        
Warrants exercisable price per share     $ 10.50 $ 10.50        
Warrants expiration date       May 06, 2025        
Warrants additional exercisable       21,637        
Warrants expiration date 1       May 11, 2025        
Agent agreement broker warrants paid       $ 151,623        
Agent agreement broker warrants       21,637        
Agent agreement broker warrants price per share       $ 10.50        
Payment related to legal fees       $ 65,600