Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.22.4
Marketable Securities
3 Months Ended
Nov. 30, 2022
Marketable Securities  
Marketable Securities

7. Marketable Securities

 

The components of Marketable Securities were as follows:

 

 

 

Cost Basis

$

 

 

Unrealized

Gains $

 

 

Unrealized

Losses $

 

 

Fair Value

$

 

August 31, 2021

 

 

1,037,025

 

 

 

16,243

 

 

 

(219,427 )

 

 

833,841

 

Common stock

 

 

278,107

 

 

 

118,196

 

 

 

(882,809 )

 

 

(486,506 )

August 31, 2022

 

 

1,315,132

 

 

 

134,439

 

 

 

(1,102,236 )

 

 

347,335

 

Common stock

 

 

-

 

 

 

-

 

 

 

(77,628 )

 

 

(77,628 )

November 30, 2022

 

 

1,315,132

 

 

 

134,439

 

 

 

(1,179,864 )

 

 

269,707

 

 

Marketable securities represented the common shares of Hill Street Beverage Company Inc. held by Lexaria. Unrealized losses from common stock are due to market price movements. In management’s opinion based on the evaluation of available information at the quarter ended November 30, 2022, unrealized losses represent temporary impairments.