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
|