Quarterly report pursuant to Section 13 or 15(d)

Common Shares, Warrants and options (Tables)

v3.23.1
Common Shares, Warrants and options (Tables)
6 Months Ended
Feb. 28, 2023
Common Shares, Warrants and Options  
Schedule of Warrants activity

 

 

Number of Warrants

 

 

Weighted Average Exercise Price

 

Balance August 31, 2022

 

 

2,421,983

 

 

$ 8.04

 

Cancelled/expired

 

 

(7,500 )

 

$ 24.00

 

Balance February 28, 2023

 

 

2,414,483

 

 

$ 7.99

 

Schedule of warrants outstanding

Number of

Warrants

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Life (years)

 

 

 

 

60,798

 

 

$ 36.00

 

 

1.71 - 1.75

 

 

317,190

 

 

$ 10.50

 

 

 

2.19

 

 

116,667

 

 

$ 9.00

 

 

1.13 - 2.05

 

 

200,000

 

 

$ 7.00

 

 

 

1.13

 

 

1,719,828

 

 

$ 6.58

 

 

 

2.88

 

 

2,414,483

 

 

$ 7.99

 

 

 

2.54

 

Schedule of stock options granted

Options

 

 

Weighted Average Exercise Price

 

 

Contractual Life

(years)

 

 

41,200

 

 

$

1.96

 

 

 

5

 

 

5,000

 

 

$

2.73

 

 

 

5

 

 

3,400

 

 

$

3.04

 

 

 

5

 

Total

49,600

 

 

$

2.11

 

 

 (Avg. Remaining Life) 4.64

 

Schedule of stock options activity

 

 

Options

 

 

Weighted

Average Exercise

Price

 

 

Weighted Average Remaining Contractual

Term (years)

 

 

Aggregate

Intrinsic

Value

 

Balance August 31, 2021

 

 

206,170

 

 

$ 8.90

 

 

 

 

 

 

 

Cancelled/expired

 

 

(3,334 )

 

 

9.60

 

 

 

 

 

 

 

Granted

 

 

222,000

 

 

 

4.21

 

 

 

 

 

 

 

Balance August 31, 2022

 

 

424,836

 

 

 

6.45

 

 

 

3.69

 

 

$ 5,175

 

Granted

 

 

49,600

 

 

 

2.11

 

 

 

4.64

 

 

 

55,748

 

Balance February 28, 2023 (granted)

 

 

474,436

 

 

$ 5.32

 

 

 

3.68

 

 

$ 90,938

 

Balance February 28, 2023 (exercisable)

 

 

446,936

 

 

$ 5.38

 

 

 

3.68

 

 

$ 41,200

 

Schedule of fair value assumptions used to value stock options

Expected volatility

 

98%-119

Risk-free interest rate

 

0.75-4.12

Expected life

 

5 years

 

Dividend yield

 

 

0 %

Estimated fair value per option

 

$1.60 - $2.58