XML 16 R6.htm IDEA: XBRL DOCUMENT v3.21.4
Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Operating activities    
Net loss for the period $ (10,068,081) $ (1,195,862)
Adjustment to net loss for the period for non-cash items    
Accretion 132,033 55,483
Accrued interest 36,732 0
Inventory write-down to net realizable value 252,639 0
Amortization 13,299 169,680
Loss on debt extinguishment 0 110,000
Loss on termination of lease 0 65,566
Stock-based compensation - consulting services (Note 10) 3,531,266 0
Stock-based compensation - bonus shares (Note 11) 4,585,425 0
Stock-based compensation - options 531,255 0
Changes in non-cash working capital balance:    
Decrease in other receivables 48,315 0
Decrease (increase) in prepaid expenses (102,998) 41,921
Increase in due from related parties 0 (11,726)
Increase (decrease) in accounts payable and accrued liabilities (403,979) 78,679
Increase in inventory (271,859) (7,901)
Net cash used in Operating Activities (1,715,953) (694,160)
Investing activities    
Refunds of deposits 0 129,897
Purchase of property, plant, and equipment (375,413) (21,932)
Net cash used in Invesing activities (375,413) 107,965
Financing activities    
Proceeds of convertible notes payable 200,000 286,892
Repayment of loan payable (342,750) 0
Repayment of finance lease obligations 0 (12,480)
Proceeds from the issuance of common stock 2,140,861 250,000
Net cash used in financing activities 1,998,111 524,412
Decrease in cash (93,255) (61,783)
Effect of exchange rate on changes of cash (51,041) (20,869)
Cash, beginning of period 419,825 94,047
Cash, end of period 275,529 11,395
Supplemental cash flow disclosures:    
Income taxes paid 0 0
Interest paid $ 147,839 $ 112,840