Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.19.1
Stock Options (Tables)
6 Months Ended
Feb. 28, 2019
Stock Options Tables Abstract  
Schedule of exercise price
Quantity*     Exercise Price $     Life (Years)
390,000     1.27     5
240,000     1.06     5
30,000     1.16     5
660,000            
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     (380,000 )     0.14  
Expireds     (275,000 )     0.91  
Granted     660,000       0.83  
Balance, February 28, 2019 (Outstanding)     4,805,000       0.86  
Balance, February 28, 2019 (Exercisable)     4,025,000       0.84  
Schedule of fair value of options granted using Black-Scholes option pricing model
   

February 28

2019

 
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     0.81 years   0.10       838,200  
  550,000       550,000     1.07 years   0.09       703,500  
  110,000       110,000     1.55 years   0.17       131,700  
  300,000       300,000     2.13 years   0.11       378,000  
  150,000       150,000     3.26 years   0.37       150,000  
  350,000       150,000     3.31 years   0.29       376,250  
  200,000       200,000     3.76 years   0.83       108,000  
  1,725,000       1,725,000     4.25 years   1.53       -  
  100,000       100,000     4.51 years   2.06       -  
  390,000       80,000     4.75 years   1.27       39,000  
  240,000       -     4.77 years   1.06       74,400  
  30,000       -     4.79 years   1.16       6,300  
  4,805,000       4,025,000     3.18 years   0.86       2,805,350