v3.8.0.1

CAPITAL STOCK (Tables)

6 Months Ended

Feb. 28, 2018

Equity [Abstract]

Warrants outstanding

	NUMBER OF  WARRANTS				EXERCISE PRICE			EXPIRY DATES
		9,258,535			$	0.0052		September 11, 2022
		6,091,617			$	0.0047		September 22, 2022
		5,611,672			$	0.0047		October 27, 2022
		20,576,130			$	0.0018		December 12, 2022
		13,227,512			$	0.0013		January 30, 2023
		14,244,872			$	0.0016		February 27, 2023
		69,010,338

Warrant activity

		Number of Warrants				Weighted Average Exercise Price				Weighted Average Remaining Life
Balance, August 31, 2016 and 2017			-				-				-
Issued			69,010,338			$	0.0026			4.79 years
Balance, February 28, 2018			69,010,338							4.79 years

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- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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