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Warrants reserve

3 Months Ended

Nov. 30, 2023

Warrants Reserve

Warrants reserve

13. Warrants reserve

Schedule of reserve for warrants
				Number of warrants				Weighted average exercise price per share				Weighted average remaining contractual life (years)
Balance – August 31, 2023				38,968,037			$	0.68				2.8
Balance – November 30, 2023				38,968,037			$	0.68				2.5

As at November 30, 2023, the following warrants were outstanding:

Schedule of warrants and compensation warrants
			Number of Warrants				Exercise price			Expiry date
Private placement financing warrants - December 23, 2020			2,777,268			$	1.50			December 23, 2023
Private placement financing warrants - February 11, 2021			16,461,539			$	0.80			February 11, 2026
Private placement financing broker warrants - February 11, 2021			1,152,307			$	0.80			February 11, 2026
Private placement financing warrants – January 26, 2022			17,948,718			$	0.44			January 26, 2027
Private placement financing placement agent warrants – January 26, 2022			628,205			$	0.44			January 26, 2027
Balance – November 30, 2023			38,968,037			$	0.68	(1)

(1)   Total represents weighted average.

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- Definition

The description of the entity's material accounting policy information for warrants. Warrants are financial instruments that give the holder the right to purchase ordinary shares.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2023-01-01
-Paragraph 117
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_117&doctype=Standard
-URIDate 2023-03-23

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X

- References

No definition available.

+ Details

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