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Warrants reserve

9 Months Ended

May 31, 2024

Warrants Reserve

Warrants reserve

13. Warrants reserve

Schedule of warrants reserve
	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
Warrants expired	(2,777,268)	$1.50
Balance – May 31, 2024	36,190,769	$0.62	2.2

As at May 31, 2024, the following warrants were outstanding:

Schedule of warrants outstanding
		Number of Warrants				Exercise price				Expiry date
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 – May 31, 2024			36,190,769				$0.62	(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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