XML 104 R45.htm IDEA: XBRL DOCUMENT v3.25.3
Share-based payments reserve (Tables)
12 Months Ended
Aug. 31, 2025
Notes and other explanatory information [abstract]  
Schedule of share based payments reserve
          
   For the year ended August 31, 
   2025   2024 
Balance at beginning of year  $9,151   $8,807 
Share-based compensation expense   2,461    2,018 
Transfer on exercise of options and other share-based awards   (2,834)   (1,674)
Balance at end of year  $8,778   $9,151 
Schedule of continuity of outstanding stock options
          
   Number of stock options   Weighted average
exercise price per share
 
Balance – August 31, 2024 and August 31, 2023   4,986,000    CAD $0.41 
Options exercised(1)   (562,000)   CAD $0.42 
Balance – August 31, 2025   4,424,000    CAD $0.41 

(1) The weighted average share price at the time of the option exercise was C$0.53.

Schedule of Options to purchase common shares carry exercise prices and terms to maturity
                     
    Number of options      

Remaining

contractual

 
Exercise price   Outstanding   Exercisable   Expiry date   life (years) 
C$0.40       2,259,000    2,259,000    October 11, 2026    1.1     
C$0.43       2,065,000    2,065,000    September 29, 2026    1.1     
C$0.35       100,000    100,000    January 2, 2027    1.3     
C$0.41(1)    4,424,000    4,424,000         1.1(1)

(1) Total represents weighted average.

Schedule of continuity of outstanding stock options
          
   Number of stock
options
   Weighted average
exercise price per
share
 
Balance – August 31, 2024 and August 31, 2023   10,450,000    $0.49 
Options granted   2,600,000    $0.36 
Options forfeited   (2,550,000)   $0.49 
Balance – August 31, 2025   10,500,000    $0.45 
Schedule of Options to purchase common shares carry exercise prices and terms to maturity
                      
    Number of options   Expiry   Remaining
contractual
 
Exercise price   Outstanding   Exercisable   date   life (years) 
 USD $0.50       5,500,000    4,400,000    August 17, 2027    2.0    
 USD $0.45       2,400,000    1,440,000    August 28, 2028    3.0    
 USD $0.36       2,600,000    520,000    December 24, 2029    4.3    
 USD $0.45(1)    10,500,000    6,360,000         2.8(1) 

(1) Total represents weighted average.

Schedule of fair value of options granted
     
   For the year ended August 31, 2025 
Grant-date share price   $0.30 
Weighted average grant-date fair value   $0.15 
Exercise price   $0.36 
Risk-free interest rates   4.38% 
Expected life of stock options (in years)(1)   5.0 
Expected volatility of share price(2)   60% 
Expected dividend yield   0% 

(1) The expected life of stock options granted is derived from the remaining contractual term.

(2) The Company uses historical volatility to estimate the expected volatility of the Company’s share price.

Schedule of restricted stock outstanding
     
   Number of RSUs 
Balance – August 31, 2023   3,473,077 
Granted   57,432 
Exercised   (2,032,124)
Balance – August 31, 2024   1,498,385 
Granted   7,102,103 
Forfeited   (640,074)
Exercised   (2,552,488)
Balance – August 31, 2025   5,407,926