Quarterly report pursuant to Section 13 or 15(d)

Issuances of Common Shares and Warrants (Tables)

v3.24.2
Issuances of Common Shares and Warrants (Tables)
9 Months Ended
May 31, 2024
Issuances of Common Shares and Warrants  
Schedule of warrants activity

 

 

Number of

Warrants

 

 

Weighted

Average

Exercise

Price $

 

Balance, August 31, 2023

 

 

4,520,483

 

 

 

4.71

 

Issued

 

 

7,093,208

 

 

 

3.62

 

Expired

 

 

(300,000 )

 

 

7.67

 

Exercised

 

 

(5,382,042 )

 

 

1.11

 

Balance, May 31, 2024

 

 

5,931,649

 

 

 

5.49

 

Schedule of warrants outstanding

Number of Warrants

 

 

Weighted Average Exercise Price

 

Weighted Average Remaining Contractual Life ~in years~

 

 

 

60,798

 

$

                       36.00

 

.45-.50

317,190

 

 

10.50

 

.93-.95

16,667

 

 

9.00

 

0.79

1,719,828

 

 

6.58

 

1.63

483,750

 

 

0.95

 

3.95

314,287

 

 

2.19

 

4.72

2,917,032

 

 

4.75

 

4.72

102,097

 

 

5.94

 

4.72

5,931,649

 

$

                       5.49

 

1.10

Schedule of stock options activity

 

 

Options

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining Contractual

Term

(years)

 

 

Aggregate

Intrinsic

Value

 

Balance August 31, 2022

 

 

424,836

 

 

$ 6.45

 

 

 

3.69

 

 

 

 

Cancelled/expired

 

 

(47,500 )

 

 

2.98

 

 

 

4.39

 

 

 

 

Granted

 

 

69,600

 

 

 

1.75

 

 

 

2.98

 

 

 

 

Balance August 31, 2023

 

 

446,936

 

 

 

3.32

 

 

 

3.25

 

 

 

 

Cancelled/expired

 

 

(46,000 )

 

 

2.98

 

 

 

2.98

 

 

 

 

Exercised

 

 

(2,500 )

 

 

1.15

 

 

 

0.06

 

 

 

 

Granted

 

 

436,500

 

 

 

1.24

 

 

 

4.66

 

 

 

 

Balance May 31, 2024 (outstanding)

 

 

834,936

 

 

 

1.73

 

 

 

1.79

 

 

 

977,561

 

Balance May 31, 2024 (exercisable)

 

 

684,936

 

 

 

2.11

 

 

 

2.18

 

 

 

833,561

 

Schedule of assumptions used to calculate fair value of stock options granted

May 31, 2024

 

 

Expected volatility

 

92% - 96

Risk-free interest rate

 

4.24% - 5.03

Expected life

 

2.5 – 4.0 

 

Dividend yield

 

 

0.00 %

Estimated fair value per option

 

$

 1.11 – 1.57