Lexaria Bioscience Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Common Shares and Warrants (Tables)

Common Shares and Warrants (Tables)

3 Months Ended

Nov. 30, 2018

Schedule of option and warrant exercises

Type of Issuance	Number of Shares		Total Value
Warrant Exercise		309,800	$	145,880
Option Exercise		330,000	$	33,000
Private Placement		947,150	$	1,515,440
		1,586,950	$	1,694,320

Schedule for warrant

	Number of Warrants			Weighted Average Exercise Price $
Balance, August 31, 2017		8,844,506			0.29
Cancelled/Expired		(230,000	)		0.17
Exercised		(6,364,145	)		0.28
Issued		1,035,913			1.48
Balance, August 31, 2018		3,286,274			0.72
Exercised		(309,800	)		0.47
Issued		975,325			2.25
Balance, November 30, 2018		3,951,799			1.11

Schedule of warrants granted as compensation warrants by using the Black-Scholes option pricing model

	November 30 2018
Expected volatility		117	%
Risk-free interest rate		2.87	%
Expected life	2.00 years
Dividend yield		0.00	%
Estimated fair value per warrant	$	0.57

Schedule of warrants outstanding

# of Warrants		Weighted Average Remaining Contractual Life	Weighted Averag Exercise Price $
	250,000	0.11 years		0.44
	564,265	0.34 years		0.60
	212,209	0.34 years		0.42
	200,000	0.55 years		0.295
	750,000	2.86 years		0.14
	250,000	1.00 years		0.83
	500,000	1.13 years		1.83
	250,000	2.48 years		1.55
	975,325	1.92 years		2.25
	3,951,799	1.48 years		1.11

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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