Annual report pursuant to Section 13 and 15(d)

Marketable Securities

v3.22.2.2
Marketable Securities
12 Months Ended
Aug. 31, 2022
Marketable Securities  
Marketable Securities

5. Marketable Securities

 

The components of Marketable Securities were as follows:

 

 

 

Cost Basis

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Total

 

 

 

$

 

 

$

 

 

$

 

 

$

 

August 31, 2020

 

 

56,250

 

 

 

9,441

 

 

 

(28,762 )

 

 

19,321

 

Common Stock

 

 

980,775

 

 

 

6,802

 

 

 

(190,665 )

 

 

 

 

August 31, 2021

 

 

1,037,025

 

 

 

16,243

 

 

 

(219,427 )

 

 

833,841

 

Common Stock

 

 

278,107

 

 

 

118,195

 

 

 

(822,809 )

 

 

 

 

August 31,2022

 

 

1,315,132

 

 

 

134,438

 

 

 

(1,102,236 )

 

 

347,335

 

 

Marketable securities represented the common shares of Hill Street Beverage Company Inc. held by Lexaria. Unrealized losses from common stock are due to market price movements. In Management’s opinion based on the evaluation of available information at the year ended August 31, 2022, unrealized losses represent temporary impairments.