Stock Options (Tables)

9 Months Ended

12 Months Ended

May 31, 2025

Aug. 31, 2024

Stock Options

Schedule of stock options activity

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
Balance August 31, 2023		446,936		$	3.32		3.25	$	3,600
Cancelled/expired		(196,000	)		2.94		4.27		-
Exercised		(2,500	)		1.15		4.16		-
Granted		696,500			2.91		4.63		-
Balance August 31, 2024		944,936		$	3.11		3.64	$	971,959
Cancelled/expired		(47,001	)		7.78		0.75		-
Granted		586,500			1.41		4.84		-
Balance May 31, 2025 (outstanding)		1,484,435		$	2.29		3.74	$	3,000
Balance May 31, 2025 (exercisable)		1,280,889		$	2.10		3.65	$	3,000

Grant Date	Granted Quantity		Exercise Price		Contractual Life (years)
10/26/2023		85,000	$	1.15		5
3/15/2024		200,000	$	2.93		5
4/26/2024		151,500	$	2.36		5
7/26/2024		48,000	$	3.39		5
7/26/2024		12,000	$	3.39		2
8/31/2024		200,000	$	3.92		5
		696,500	$	2.91		4.95

Options	Weighted Average Exercise Price		Contractual Life (years)
41,200	$	1.96		5
5,000	$	2.73		5
3,400	$	3.04		5
20,000	$	0.87		5
69,600	$	1.75	(Avg. Contractual Life) 5

Summary of continuity schedule of stock options

	Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
Balance August 31, 2022		424,836			6.45
Cancelled/expired		(47,500	)		2.98
Granted		69,600			1.75
Balance August 31, 2023		446,936		$	3.32		3.25	$	3,600
Cancelled/expired		(196,000	)	$	2.94		4.27
Exercised		(2,500	)	$	1.15		4.16
Granted		696,500		$	2.91		4.63
Balance August 31, 2024 (Outstanding)		944,936			3.11		3.64		971,959
Balance August 31, 2024 (Exercisable)		734,936			2.88		3.31		971,959

Schedule of fair value of options granted

May 31, 2025
Expected volatility	94-98%
Risk-free interest rate	3.57-4.18%
Expected life	2.50 years
Dividend yield	0.00%
Estimated fair value per option	$0.62-$1.72

	August 31, 2024			August 31, 2023
Expected Volatility	92%-98		%	98%-119		%
Risk Free interest rate	3.77%-5.03		%	0.78%-3.30		%
Expected life	2.5-4.0 years			5.0 years
Dividend Yield		0.00	%		0.00	%
Estimated fair value per option	$0.63-$2.57			$2.25-$5.10