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Stock Options (Tables)
12 Months Ended
Aug. 31, 2025
Stock Options  
Schedule of stock options activity

Grant Date

 

Granted Quantity

 

 

Exercise Price

 

 

Contractual Life (years)

 

10/01/2024

 

 

62,000

 

 

$

3.17

 

 

 

5

 

11/27/2024

 

 

20,000

 

 

 

2.10

 

 

 

5

 

12/09/2024

 

 

10,000

 

 

 

2.42

 

 

 

5

 

01/13/2025

 

 

50,000

 

 

 

2.07

 

 

 

5

 

05/15/2025

 

 

444,500

 

 

 

1.04

 

 

 

5

 

Total

 

 

586,500

 

 

$

1.41

 

 

 

5

 

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

 

Total

 

 

696,500

 

 

$

2.91

 

 

 

4.95

 

Summary of continuity schedule of stock options

 

 

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

 

 

 

 

 

 

 

-

 

Exercised

 

 

(2,500 )

 

 

1.15

 

 

 

 

 

 

 

-

 

Granted

 

 

696,500

 

 

 

2.91

 

 

 

 

 

 

 

-

 

Balance August 31, 2024

 

 

944,936

 

 

$3.11

 

 

 

3.64

 

 

$971,959

 

Cancelled/expired

 

 

(47,001 )

 

 

7.78

 

 

 

 

 

 

 

-

 

Granted

 

 

586,500

 

 

 

1.41

 

 

 

 

 

 

 

-

 

Balance August 31, 2025 (Outstanding)

 

 

1,484,435

 

 

$2.29

 

 

 

3.49

 

 

$206

 

Balance August 31, 2025 (Exercisable)

 

 

1,322,343

 

 

$2.14

 

 

 

3.42

 

 

$206

 

Schedule of fair value of options granted

 

 

August 31,

2025

 

 

August 31,

2024

 

Expected Volatility

 

94%-98

%

 

92%-98

Risk Free interest rate

 

3.57%-4.18

%

 

3.77%-5.03

%

Expected life

 

2.5 years

 

 

2.5-4.0 years

 

Dividend Yield

 

 

0.00%

 

 

0.00%

Estimated fair value per option

 

$0.62-$1.72

 

 

$0.63-$2.57