XML 33 R22.htm IDEA: XBRL DOCUMENT v3.21.4
16. Subsequent Events
3 Months Ended
Nov. 30, 2021
Notes  
16. Subsequent Events

16.SUBSEQUENT EVENTS 

 

a) On January 1, 2022, the Company named Chad Summers as Chief Executive Officer and Mitch Van Domelen as Chief Financial Officer. As previously announced in May 2021, Charles Hopewell transitioned from the CEO position and will continue his positions as a Director and Chairman. 

 

b)Subsequent to the first quarter ended November 30, 2021, the Company drew an additional $1 million from its bank line of credit, leaving $4 million of the $10 million line available.