MARKETABLE SECURITIES

9 Months Ended

May 31, 2017

MARKETABLE SECURITIES [Text Block]

4. MARKETABLE SECURITIES

As at February 28, 2017 all marketable securities of the common shares of Lexaria Corp. obtained through Definitive Agreements that was signed on March 5, 2014 has been liquidated.

In the Company’s second quarter, the Company disposed of the balance 22,500 common shares of Lexaria Corp. with a cost basis of $7,313. The proceeds from the sales of sales were $5,118. Accordingly, a loss of $282 was recognized in profit and loss.