Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.22.2
Stock Options (Tables)
9 Months Ended
May 31, 2022
Stock Options  
Schedule of Stock Option

 

 

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

 

 

 

 

 

 

 

 

 

 

 36,700

 

 

 

 3.39

 

 

 

 

 

 

 

Balance May 31, 2022 (Outstanding)

 

 

321,336

 

 

 

6.59

 

 

 

3.46

 

 

 

-

 

Balance May 31, 2022 (Exercisable)

 

 

293,836

 

 

 

6.80

 

 

 

3.62

 

 

 

-

 

Share Option Granted by using Black-Scholes Option Pricing

 

 

May 31, 2022

 

Expected volatility

 

 

98% - 119

%

Risk-free interest rate

 

 

0.85% - 1.78

%

Expected life

 

5 years

 

Dividend yield

 

 

0 %

Estimated fair value per option

 

$2.50 - $5.10