Quarterly report pursuant to Section 13 or 15(d)

Commitments, Significant Contracts and Contingencies

v3.20.1
Commitments, Significant Contracts and Contingencies
 6 Months Ended
Feb. 29, 2020
Commitments and Contingencies Disclosure [Abstract]  
Commitments, Significant Contracts and Contingencies

17.         Commitments, Significant Contracts and Contingencies

 

 Management and Service Agreements:

 

 As at February 29, 2020, the Company is party to the following contractual commitments:

 

 

Party

  

Monthly Commitment

 

Expiry Date

  
C.A.B Financial Services

 

CAD $29,167

 

January 1, 2022

 
Docherty Management Ltd.

 

CAD $25,000

 

January 1, 2022

 
M&E Services Ltd.

 

CAD $12,960

 

June 1, 2021

 
Corporate development

 

CAD $1,000

 

Month to Month

 
Office management

 

CAD $10,000

 

August 15, 2022

 
Research & development

 

CAD $3,854

 

Month to Month

 

Office rent(1)

 

CAD $4,823

 

November 15, 2023

 

 

 Corporate Offices

 

 (1) Corporate office and R&D lab space leased in Kelowna, British Columbia, Canada until November 15, 2023 with an option to extend an additional five years.