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SUBSEQUENT EVENTS
12 Months Ended
Aug. 31, 2019
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS [Text Block]

11. SUBSEQUENT EVENTS

On September 13, 2019, the Company commenced a Normal Course Issuer Bid (“NCIB”), pursuant to which the Company may purchase up to a maximum of 550,140 shares of common stock in the capital of the Company, representing approximately 5% of the then-outstanding common stock. Purchases pursuant to the NCIB will be made from time to time by RBC Dominion Securities Inc. on behalf of the Company through the facilities of the TSX Venture Exchange at the market price at the time of purchase, subject to daily limits and compliance with the applicable rules of the TSX Venture Exchange and Canadian securities laws. Shares purchased will be paid for with cash available from the Company's working capital.

Subsequent to August 31, 2019, an aggregate of 97,100 repurchased shares were returned to the Company’s treasury and retired.