Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.8.0.1
Stock Options (Tables)
 6 Months Ended
Feb. 28, 2018
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  February 28
  2018
Expected volatility 100%
Risk-free interest rate 2.13%
Expected life 5.00 years
Dividend yield 0.00%
Estimated fair value per warrant $0.61
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
          Weighted  
    Options     Average Exercise  
    Outstanding     Price  
          $  
Balance, August 31, 2016   3,485,000     0.15  
Exercised   (1,014,125 )   0.17  
Granted   850,000     0.14  
Balance, August 31, 2017   3,320,875     0.15  
Exercised   (298,375 )   0.19  
Granted   200,000     0.83  
Balance, February 28, 2018   3,222,500     0.18  
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
Number of Stock Number of Stock Weighted Weighted Aggregate
Options          Options Average Average Intrinsic Value
  Exercisable Remaining Exercise Price  
    Contractual Life $ $
247,500 247,500 0.30 years 0.09 316,575
990,000 990,000 1.81 years 0.10 1,257,300
275,000 275,000 1.93 years 0.09 351,750
550,000 550,000 2.07 years 0.09 703,500
110,000 110,000 2.55 years 0.17 131,700
300,000 300,000 3.13 years 0.11 378,000
200,000 200,000 4.26 years 0.37 200,000
350,000 50,000 4.31 years 0.29 376,250
200,000 200,000 4.76 years 0.83 108,000
3,222,500 2,922,500 2.51 years 0.18 3,823,075