Quarterly report pursuant to Section 13 or 15(d)

Commitments Significant Contracts and Contingencies (Tables)

v3.21.4
Commitments Significant Contracts and Contingencies (Tables)
3 Months Ended
Nov. 30, 2021
Commitments Significant Contracts and Contingencies (Tables)  
Schedule of right of use assets

 

 

November 30,

2021

 

 

August 31,

2021

 

 

 

 $

 

 

$

 

Right of use assets - operating leases

 

 

126,920

 

 

 

126,920

 

Amortization

 

 

(45,264 )

 

 

(35,879 )

Total lease assets

 

 

81,656

 

 

 

91,041

 

Liabilities:

 

 

89,393

 

 

 

125,431

 

Lease payments

 

 

(10,987 )

 

 

43,950 )

Interest accretion

 

 

1,563

 

 

 

7,912

 

Total lease liabilities

 

 

79,969

 

 

 

89,393

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

 

81,657

 

 

 

91,041

 

Operating cash flows for lease

 

 

10,987

 

 

 

43,950

 

Remaining lease term

 

1.9 Years

 

 

2.1 Years

 

Discount rate

 

 

7.50 %

 

 

7.50 %
Schedule of maturities of operating lease

2022

 

 

33,611

 

2023

 

 

44,816

 

2024

 

 

7,469

 

Thereafter

 

 

-

 

Total lease payments

 

 

85,896

 

Less: imputed interest

 

 

(5,927 )

Present value of operating lease liabilities

 

 

79,969

 

Less: current obligations under leases

 

 

(40,340 )

Total

 

 

39,629