Annual report pursuant to Section 13 and 15(d)

Subsequent Events

v3.10.0.1
Subsequent Events
 12 Months Ended
Aug. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events

 

21.

Subsequent Events

 

 

 

 

1)

October 31, 2018 Lexaria closed a non-brokered private placement for gross proceeds of $1,515,440 comprised of 947,150 units at an issue price of $1.60 per unit. Each Unit consists of one common share of the Company and one common share purchase warrant (“Warrant”). Each Warrant is exercisable for 24 months at a price of $2.25 per warrant. Finders fees of $45,080 and 28,175 finder’s warrants exercisable for 24 months at a price of $2.25.

 

 

 

 

2)

Subsequent to August 31, 2018 280,000 warrants and 330,000 options were exercised for a total of $161,000.