STOCK OPTIONS AND WARRANTS (Tables)

6 Months Ended

Feb. 28, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Expected dividend yield	0.00%
Expected stock volatility	92%
Risk-free interest rate	1.20%
Expected life of options (years)	5.00
Expected forfeiture rate	0.00%
Grant date fair value per option	$0.06

Schedule Share-based Payment Arrangement, Option, Activity [Table Text Block]

				Options Outstanding
				Weighted Average
	Number of Shares			Exercise Price
Balance, August 31, 2020	9,320,000		$	0.06
Issued	5,150,000			0.10
Expired	(1,100,000	)		0.05
Exercised	(3,293,224	)		0.04
Balance, August 31, 2021	10,076,776		$	0.08
Issued	1,500,000			0.10
Expired	(2,950,000	)		0.07
Exercised	(226,776	)		0.04
Balance, February 28, 2022	8,400,000		$	0.08

Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

February 28, 2022
Issue Date	Expiry Date	Exercise Price	Number of Options	Remaining Life
May 2, 2017	May 2, 2022	0.10	500,000	0.17 years
October 27, 2017	October 27, 2022	0.05	800,000	0.66 years
May 11, 2018	May 11, 2023	0.06	500,000	1.20 years
May 22, 2018	May 22, 2023	0.07	450,000	1.23 years
December 14, 2020	December 14, 2025	0.05	2,100,000	3.79 years
January 28, 2021	January 28, 2026	0.14	2,000,000	3.92 years
February 4, 2021	February 4, 2026	0.18	100,000	3.94 years
February 5, 2021	February 5, 2026	0.18	300,000	3.94 years
April 27, 2021	April 27, 2026	0.12	100,000	4.16 years
May 28, 2021	May 28, 2026	0.12	50,000	4.25 years
September 1, 2021	September 1, 2026	0.08	500,000	4.51 years
December 6, 2021	December 6, 2026	0.07	1,000,000	4.77 years
		0.09	8,400,000	3.19 years

*As at February 28, 2022 the market price of the Company's common shares was $0.0423 per share. No incentive stock options were in the money.

August 31, 2021
Issue Date	Expiry Date	Exercise Price	Number of Options	Remaining Life
September 19, 2016	September 19, 2021	0.07	500,000	0.05 years
January 20, 2017	January 20, 2022	0.07	1,200,000	0.39 years
January 31, 2017	January 31, 2022	0.07	1,250,000	0.42 years
May 2, 2017	May 2, 2022	0.10	500,000	0.67 years
October 27, 2017	October 27, 2022	0.05	800,000*	1.16 years
May 11, 2018	May 11, 2023	0.06	500,000*	1.69 years
May 22, 2018	May 22, 2023	0.07	450,000	1.72 years
February 25, 2020	February 25, 2022	0.02	226,776*	0.49 years
December 14, 2020	December 14, 2025	0.05	2,100,000	4.29 years
January 28, 2021	January 28, 2026	0.14	2,000,000	4.41 years
February 4, 2021	February 4, 2026	0.18	100,000	4.43 years
February 5, 2021	February 5, 2026	0.18	300,000	4.44 years
April 27, 2021	April 27, 2026	0.12	100,000	4.66 years
May 28, 2021	May 28, 2026	0.12	50,000	4.74 years
		0.08	10,076,776	2.40 years

*As at August 31, 2021 the market price of the Company's common shares was $0.0629 per share. A total of 3,626,776 incentive stock options were in the money with an intrinsic value of $48,589.

Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block]

				Weighted Average
	Number of warrants			Exercise Price
Balance, August 31, 2020	13,236,869		$	0.05
Issued	1,500,000			0.09
Forfeited	(2,300,000	)		0.05
Exercised	(2,720,000	)		0.07
Balance, August 31, 2021	9,716,869		$	0.05
Forfeited	(452,500	)		0.05
Exercised	(2,791,000	)		0.05
Balance, February 28, 2022	6,473,369		$	0.05

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

February 28, 2022
Issue Date	Expiry Date	Exercise Price	Number of Warrants*
March 27, 2019	March 27, 2023	0.04	4,973,369
January 14, 2021	May 14, 2022	0.09	1,500,000
		0.05	6,473,369

*Each warrant entitles a holder to purchase one common share.