Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.10.0.1
Stock Options (Tables)
3 Months Ended
Nov. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule for stock options

 

 

Options

Outstanding

 

 

Weighted

Average

Exercise Price

$

 

Balance, August 31, 2017

 

 

3,320,875

 

 

 

0.15

 

Exercised

 

 

(545,875 )

 

 

0.17

 

Granted

 

 

2,025,000

 

 

 

1.49

 

Balance , August 31, 2018

 

 

4,800,000

 

 

 

0.71

 

Exercised

 

 

(330,000 )

 

 

0.10

 

Granted

 

 

390,000

 

 

 

1.27

 

Balance, November 30, 2018

 

 

4,860,000

 

 

 

0.80

 

Schedule of fair value of options granted using Black-Scholes option pricing model

 

 

November 30

2018

 

Expected volatility

 

 

144 %

Risk-free interest rate

 

 

2.89 %

Expected life

 

5.00 years

 

Dividend yield

 

 

0.00 %

Estimated fair value per option

 

$ 1.07

 

Schedule of summary of the stock options

Number of

Stock Options

 

 

Number of Stock

Options Exercisable

 

 

Weighted

Average

Remaining

Contractual Life

 

Weighted Average

Exercise Price

$

 

 

Aggregate

Intrinsic Value

$

 

 

660,000

 

 

 

660,000

 

 

1.06 years

 

 

0.10

 

 

 

686,400

 

 

275,000

 

 

 

275,000

 

 

1.18 years

 

 

0.09

 

 

 

288,500

 

 

550,000

 

 

 

550,000

 

 

1.32 years

 

 

0.09

 

 

 

577,000

 

 

110,000

 

 

 

110,000

 

 

1.80 years

 

 

0.17

 

 

 

106,400

 

 

300,000

 

 

 

300,000

 

 

2.38 years

 

 

0.11

 

 

 

309,000

 

 

200,000

 

 

 

200,000

 

 

3.51 years

 

 

0.37

 

 

 

154,000

 

 

350,000

 

 

 

150,000

 

 

3.56 years

 

 

0.29

 

 

 

295,750

 

 

200,000

 

 

 

200,000

 

 

4.01 years

 

 

0.83

 

 

 

62,000

 

 

1,725,000

 

 

 

1,725,000

 

 

4.50 years

 

 

1.53

 

 

 

-

 

 

100,000

 

 

 

100,000

 

 

4.75 years

 

 

2.06

 

 

 

-

 

 

390,000

 

 

 

60,000

 

 

4.99 years

 

 

1.27

 

 

 

-

 

 

4,860,000

 

 

 

4,330,000

 

 

3.21 years

 

 

0.80

 

 

 

2,479,050