Quarterly report pursuant to Section 13 or 15(d)

Stock Options

v2.4.1.9
Stock Options
3 Months Ended
Nov. 30, 2014
Stock Options [Text Block]
11.

Stock Options

During the period ended November 30, 2014, there were no stock options granted, exercised and cancelled.

A summary of the stock options as at ended November 30, 2014 is presented below:

  November 30, 2014         Options outstanding     Options exercisable  
                                 
  Range of Exercise   Number of     Weighted average     Weighted average     Number of     Weighted average  
  prices   shares     remaining contractual life     exercise price     shares     exercise price  
  $0.20   150,000     0.71 years   $ 0.20     150,000   $ 0.20  
  $0.20   850,000     0.14 years   $ 0.20     850,000   $ 0.20  
  $0.35   450,000     1.61 years   $ 0.35     450,000   $ 0.35  
  $0.10   400,000     3.55 years   $ 0.20     400,000   $ 0.10  
  $0.60   50,000     4.32 years   $ 0.60     50,000   $ 0.60  
  $0.50   100,000     4.34 years   $ 0.50     100,000   $ 0.50  
  $0.25   625,000     4.65 years   $ 0.25     625,000   $ 0.25  
 

Total

 

2,625,000

   

2.26 years

  $

0.24

   

2,625,000

  $

0.24