Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.6.0.2
Stock Options (Tables)
 3 Months Ended
Nov. 30, 2016
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
            Weighted  
      Number of     Average Exercise  
      Options     Price  
            $   
  Balance, August 31, 2015 (vested and outstanding)   4,070,000     0.15  
  Expired   (385,000 )   0.32  
  Cancelled   (935,000 )   0.16  
  Granted   735,000     0.13  
  Balance, August 31, 2016 (vested and outstanding)   3,485,000     0.13  
  Exercised   (55,000 )   0.23  
  Granted   250,000     0.14  
  Balance, November 30, 2016 (vested and outstanding)   3,680,000     0.13  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
      November  
      2016  
  Expected volatility   108%  
  Risk-free interest rate   0.83%  
  Expected life   2.00 years  
  Dividend yield   0.00%  
  Estimated fair value per option $ 0.07  
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
  # of Stock   Weighted     Weighted     Aggregate  
  Options   Average     Average     Intrinsic Value  
      Remaining     Exercise Price        
      Contractual Life     $      $   
  247,500   1.55 years     0.09     36,900  
  605,000   2.65 years     0.23     7,700  
  1,017,500   3.06 years     0.10     142,450  
  275,000   3.18 years     0.09     41,000  
  550,000   3.32 years     0.09     82,000  
  110,000   3.80 years     0.17     7,400  
  300,000   4.38 years     0.11     39,000  
  325,000   4.51 years     0.14     32,500  
  250,000   1.86 years     0.14     25,000  
  3,680,000   3.11 years     0.13     413,950