Stock Options (Tables)

3 Months Ended

Nov. 30, 2021

Stock Options

Schedule of Stock Options activity

	Number of Options		Weighted Average Exercise Price $		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value $
Balance, August 31, 2021		4,450,000		0.77		4.42		1,334,000
Granted		100,000		1.125		4.76
Outstanding, November 30, 2021		4,550,000		0.78		4.19		5,014,000
Exercisable, November 30, 2021		1,583,333		0.79		4.21		1,721,667

Schedule of weighted average assumptions

	Three Months Ended November 30, 2021			Three Months Ended November 30, 2020
Expected dividend yield		0	%	-%
Expected volatility		166	%	-%
Expected life (in years)		5			-
Risk-free interest rate		0.78	%	-%