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Audited Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Cash flows from operating activities:    
Net (Loss) Profit $ (3,723,250) $ (3,194,447)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 198,527 220,926
Stock issued for services 728,869 33,767
Convertible loan valuation 722,236 706,862
Profit from held for trading investments 0 0
Capital Gain (12,800) (195,968)
Changes in operating assets and liabilities:    
Accounts Receivable and prepaid expenses 123,603 (10,418)
Accounts payable and accrued liabilities 283,623 (53,635)
Net cash used in operating activities (1,679,192) (2,492,913)
Cash flows from investing activities:    
Sale of equipment 26,885 0
Available for sale investments 0 645,968
Acquisition of equipment (1,656) (943)
Net cash used in investing activities 25,229 645,025
Cash flows from financing activities:    
Proceeds from issuance of a Convertible loan 389,858 2,456,750
Net cash provided by financing activities 389,858 2,456,750
Net increase (decrease) in cash (1,264,105) 608,862
Effect of exchange rate fluctuations on cash (4,853) 0
Cash and cash equivalents at beginning of year 1,386,473 777,611
Cash and cash equivalents at end of the year 117,515 1,386,473
Significant non-cash transactions:    
Exercise of a Convertible loan to shares of common stock. $ 225,286 $ 1,340,103