XML 20 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Cash flows used in operating activities    
Net Income (loss) $ (525,501) $ (1,149,433)
Changes to reconcile net loss to net cash used in operating activities    
Consulting - Stock based compensation 37,107 177,596
Write down of inventory 30,845 0
Write down of long term investments 22,181 0
Loss from sale of owned securities 40,865 (58,200)
Impairment of owned securities 4,704 6,270
Other non-cash activities 0 3,226
Change in non-cash working capital items:    
Accounts receivable 12,641 (2,855)
Prepaid expenses and deposit (67,454) 218,258
Inventory 7,489 (38,336)
Deferred charges (40,000) (46,226)
Accounts payable and accrued liabilities 30,160 (21,116)
Due to related parties 62,637 5,614
Net cash (used in) operating activities (384,326) (905,202)
Cash flows from (used in) investing activities    
Proceeds from sale of marketable securities 117,601 3,000
Mineral resource properties acquisition (19,000) 0
Net cash from (used in) investing activities 98,601 3,000
Cash flows from financing activities    
Net Proceeds from options exercised 12,000 0
Net proceeds from subscriptions received 220,602 98,237
Net cash from financing activities 232,602 98,237
(Decrease) in cash and cash equivalents (53,123) (803,965)
Cash and cash equivalents, beginning of year 84,157 888,122
Cash and cash equivalents, end of year 31,034 84,157
Supplemental information of cash flows    
Interest paid in cash 0 0
Income taxes paid in cash $ 0 $ 0