Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.22.1
Stock Options (Tables)
6 Months Ended
Feb. 28, 2022
Stock Options  
Schedule of exercise price

 

 

Options

 

 

Weighted Average Exercise Price $

 

 

Weighted Average Remaining Contractual Term (Years)

 

 

Aggregate Intrinsic Value $

 

Balance August 31, 2020

 

 

171,604

 

 

 

11.17

 

 

 

 

 

 

 

Cancelled/expired

 

 

(50,334 )

 

 

10.76

 

 

 

 

 

 

 

Granted

 

 

84,900

 

 

 

5.41

 

 

 

 

 

 

 

Balance August 31, 2021

 

 

206,170

 

 

 

8.90

 

 

 

 

 

 

 

Cancelled

 

 

(3,334 )

 

 

9.60

 

 

 

 

 

 

 

Granted

 

 

81,800

 

 

 

6.23

 

 

 

 

 

 

 

Balance February 28, 2022 (Outstanding)

 

 

284,636

 

 

 

8.12

 

 

 

3.61

 

 

 

-

 

Balance February 28, 2022 (Exercisable)

 

 

260,386

 

 

 

8.35

 

 

 

3.59

 

 

 

-

 

 

 

February 28,

2022

 

Expected volatility

 

 

119 %

Risk-free interest rate

 

 

0.85 %

Expected life

 

5 years

 

Dividend yield

 

 

0 %

Estimated fair value per option

 

$ 5.10