Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.21.4
Stock Options (Tables)
3 Months Ended
Nov. 30, 2021
Stock Options  
Schedule of exercise price

Quantity

Exercise Price $

Life (Years)

81,800

6.23

5

81,800

6.23

 

Schedule of stock options

 

 

Options

 

 

Weighted Average Exercise Price $

 

 

Weighted Average Remaining Contractual Term (Years)

 

 

Aggregate Intrinsic Value $

 

Balance August 31, 2020

 

 

171,604

 

 

 

11.17

 

 

 

 

 

 

 

Cancelled/expired

 

 

(50,334 )

 

 

10.76

 

 

 

 

 

 

 

Granted

 

 

84,900

 

 

 

5.41

 

 

 

 

 

 

 

Balance August 31, 2021

 

 

206,170

 

 

 

8.90

 

 

 

 

 

 

 

Cancelled

 

 

(3,334 )

 

 

9.60

 

 

 

 

 

 

 

Granted

 

 

81,800

 

 

 

6.23

 

 

 

 

 

 

 

Balance November 30, 2021 (Outstanding)

 

 

284,636

 

 

 

8.12

 

 

 

3.86

 

 

 

4,820

 

Balance November 30, 2021 (Exercisable)

 

 

270,803

 

 

 

8.22

 

 

 

3.84

 

 

 

2,740

 

Schedule of fair value of option granted

 

 

November 30,

2021

 

Expected volatility

 

 

119 %

Risk-free interest rate

 

 

0.85 %

Expected life

 

5 years

 

Dividend yield

 

 

0 %

Estimated fair value per option

 

$ 5.10