XML 21 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Cash flows used in operating activities    
Net Income/(Loss) $ 1,974,407 $ (389,368)
Changes to reconcile net loss to net cash used in operating activities    
Shares issued for consulting 42,300 0
Shares issued for battery management system 450,000 0
Shares issued for hydrogen technology 100,400 0
Stock-based compensation 163,130 297,691
Unrealized loss on marketable securities 985,921 5,680
Loss (gain) on disposal of marketable securities 7,641 (53,488)
Write down of assets 0 69,000
Gain on mineral property sale (4,532,382) 0
Income from royalty grant 0 (250,000)
Change in non-cash working capital items:    
Accounts receivable (325) (3,044)
Prepaid expenses and deposit (98,044) (26,439)
Accounts payable and accrued liabilities (15,831) 18,941
Due to related parties (47,250) (77,175)
Net cash used in operating activities (970,033) (408,202)
Cash flows from investing activities    
Proceeds from sale of marketable securities 10,064 74,873
Proceeds from mineral property sale 1,100,000 0
Purchase of mineral property (10,500) 0
Purchase of marketable securities 0 (17,705)
Proceeds from sale of royalty grant 0 250,000
Net cash from investing activities 1,099,564 307,168
Cash flows from financing activities    
Net proceeds from options exercised 0 95,992
Net proceeds from warrants exercised 131,390 133,800
Net proceeds from subscriptions received 0 180,000
Net cash from financing activities 131,390 409,792
Increase in cash 260,921 308,758
Cash, beginning of year 354,286 45,528
Cash, end of year 615,207 354,286
Supplemental cash flow information    
Cash paid for interest 0 0
Cash paid for taxes $ 0 $ 0