Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |
Feb. 28, 2014 | Apr. 10, 2014 | |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 28-Feb-14 | ' |
Trading Symbol | 'enrt | ' |
Entity Registrant Name | 'Enertopia Corp. | ' |
Entity Central Index Key | '0001346022 | ' |
Current Fiscal Year End Date | '--08-31 | ' |
Entity Filer Category | 'Smaller Reporting Company | ' |
Entity Common Stock, Shares Outstanding | ' | 87,271,369 |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Well Known Seasoned Issuer | 'No | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
CONSOLIDATED_BALANCE_SHEETS
CONSOLIDATED BALANCE SHEETS (USD $) | Feb. 28, 2014 | Aug. 31, 2013 |
Current | ' | ' |
Cash and cash equivalents | $970,316 | $1,341 |
Owned securities | 3,750 | 3,750 |
Accounts receivable | 38,360 | 10,268 |
Prepaid expenses and deposit | 58,396 | 6,913 |
Assets held for sale | 0 | 32,197 |
Total current assets | 1,070,822 | 54,469 |
Non-Current | ' | ' |
Oil and Gas Asset (Note7) | 4,000 | 0 |
Medical Marijuana Assets | 4,107,628 | 0 |
Total Assets | 5,182,450 | 54,469 |
Current | ' | ' |
Accounts payable | 285,851 | 354,928 |
Short Term Loan- related party | 0 | 47,380 |
Due to related parties | 135,672 | 123,610 |
Total Current Liabilities | 421,523 | 525,918 |
Total Liabilities | 421,523 | 525,918 |
STOCKHOLDERS' EQUITY | ' | ' |
Share capital Authorized: 200,000,000 common shares with a par value of $0.001 per share Issued and outstanding: 80,731,262 common shares at February 28, 2014 and August 31,2013: 30,314,415 | 80,731 | 30,314 |
Additional paid-in capital | 11,277,067 | 5,622,895 |
Deficit accumulated during the exploration stage | -6,596,871 | -6,124,658 |
Total Stockholders' Equity | 4,760,927 | -471,449 |
Total Liabilities and Stockholders' Equity | $5,182,450 | $54,469 |
CONSOLIDATED_BALANCE_SHEETS_Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) | Feb. 28, 2014 | Aug. 31, 2013 |
Common Stock, Shares Authorized | 200,000,000 | 200,000,000 |
Common Stock, Par Value Per Share | $0.00 | $0.00 |
Common Stock, Shares, Issued | 80,731,262 | 30,314,415 |
Common Stock, Shares, Outstanding | 80,731,262 | 30,314,415 |
CONSOLIDATED_STATEMENTS_OF_STO
CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY (USD $) | COMMON STOCK [Member] | ADDITIONAL PAID-IN CAPITAL [Member] | STOCK TO BE ISSUED [Member] | DEFICIT ACCUMULATED DURING EXPLORATION STAGE [Member] | Total |
Beginning Balance at Nov. 23, 2004 | ' | ' | ' | ' | ' |
Issuance of common stock for cash at $0.02 per share on March 22, 2005 | $5,468 | $103,882 | ' | ' | $109,350 |
Issuance of common stock for cash at $0.02 per share on March 22, 2005 (Shares) | 5,467,500 | ' | ' | ' | ' |
Issuance of common stock for cash at $0.30 per share on April 6, 2005 | 1,112 | 332,638 | ' | ' | 333,750 |
Issuance of common stock for cash at $0.30 per share on April 6, 2005 (Shares) | 1,112,500 | ' | ' | ' | ' |
Stock to be issued | ' | 37,375 | 125 | ' | 37,500 |
Stock to be issued (Shares) | 125,000 | ' | ' | ' | ' |
(Loss) for the peirod | ' | ' | ' | -167,683 | -167,683 |
Ending Balance at Aug. 31, 2005 | 6,580 | 473,895 | 125 | -167,683 | 312,917 |
Ending Balance (Shares) at Aug. 31, 2005 | 6,705,000 | ' | ' | ' | ' |
Stock issued on September 29, 2005 | 125 | ' | -125 | ' | ' |
(Loss) for the peirod | ' | ' | ' | -200,091 | -200,091 |
Ending Balance at Aug. 31, 2006 | 6,705 | 473,895 | ' | -367,774 | 112,826 |
Ending Balance (Shares) at Aug. 31, 2006 | 6,705,000 | ' | ' | ' | ' |
Units issued for cash at $0.50 per unit to related parties on March 6, 2007 (included stock based compensation of $116,959) | 93 | 163,236 | ' | ' | 163,329 |
Units issued for cash at $0.50 per unit to related parties on March 6, 2007 (included stock based compensation of $116,959) (Shares) | 92,740 | ' | ' | ' | ' |
Stock issued for property on April 18, 2007 | 250 | 274,750 | ' | ' | 275,000 |
Stock issued for property on April 18, 2007 (Shares) | 250,000 | ' | ' | ' | ' |
Units issued for cash at $0.50 per unit on April 19, 2007 | 100 | 49,900 | ' | ' | 50,000 |
Units issued for cash at $0.50 per unit on April 19, 2007 (Shares) | 100,000 | ' | ' | ' | ' |
Units issued for cash at $0.50 per unit on August 31, 2007 | 600 | 299,400 | ' | ' | 300,000 |
Units issued for cash at $0.50 per unit on August 31, 2007 (Shares) | 600,000 | ' | ' | ' | ' |
Imputed interest from non-interest bearing loan | ' | 3,405 | ' | ' | 3,405 |
(Loss) for the peirod | ' | ' | ' | -607,397 | -607,397 |
Ending Balance at Aug. 31, 2007 | 7,748 | 1,264,586 | ' | -975,171 | 297,163 |
Ending Balance (Shares) at Aug. 31, 2007 | 7,747,740 | ' | ' | ' | ' |
Units issued for acquisition at $0.42 per unit on November 30, 2007 | 6,905 | 2,893,195 | ' | ' | 2,900,100 |
Units issued for acquisition at $0.42 per unit on November 30, 2007 (Shares) | 6,905,000 | ' | ' | ' | ' |
Imputed interest from non-interest bearing loan | ' | 7,139 | ' | ' | 7,139 |
Stock-based compensation on 1,785,000 options granted | ' | 104,257 | ' | ' | 104,257 |
(Loss) for the peirod | ' | ' | ' | -372,535 | -372,535 |
Ending Balance at Aug. 31, 2008 | 14,653 | 4,269,177 | ' | -1,347,706 | 2,936,124 |
Ending Balance (Shares) at Aug. 31, 2008 | 14,652,740 | ' | ' | ' | ' |
Imputed interest from non-interest bearing loan | ' | 4,410 | ' | ' | 4,410 |
Stock Based Compensation | ' | 35,780 | ' | ' | 35,780 |
(Loss) for the peirod | ' | ' | ' | 84,233 | 84,233 |
Ending Balance at Aug. 31, 2009 | 14,653 | 4,309,367 | ' | -1,263,473 | 3,060,547 |
Beginning Balance (Shares) at Aug. 31, 2009 | 14,652,740 | ' | ' | ' | ' |
Imputed interest from non-interest bearing loan | ' | 2,442 | ' | ' | 2,442 |
Gain on settlement of the amount due to related parties | ' | 34,542 | ' | ' | 34,542 |
Stock issued for acquisition at $0.20 per share on February 28, 2010 | 500 | 124,500 | ' | ' | 125,000 |
Stock issued for acquisition at $0.20 per share on February 28, 2010 (Shares) | 500,000 | ' | ' | ' | ' |
Units issued for cash at $0.15 per unit on May 31, 2010 | 557 | 83,068 | ' | ' | 83,625 |
Units issued for cash at $0.15 per unit on May 31, 2010 (Shares) | 557,500 | ' | ' | ' | ' |
Stock Based Compensation | ' | 78,858 | ' | ' | 78,858 |
(Loss) for the peirod | ' | ' | ' | -2,955,141 | -2,955,141 |
Ending Balance at Aug. 31, 2010 | 15,710 | 4,632,777 | ' | -4,218,614 | 429,873 |
Ending Balance (Shares) at Aug. 31, 2010 | 15,710,240 | ' | ' | ' | ' |
Debt settlement on November 22, 2010 | 63 | 9,313 | ' | ' | 9,376 |
Debt settlement on November 22, 2010 (Shares) | 62,500 | ' | ' | ' | ' |
Debt settlement on November 19, 2010 | 100 | 14,900 | ' | ' | 15,000 |
Debt settlement on November 19, 2010 (Shares) | 100,000 | ' | ' | ' | ' |
Share Subscriptions on March 3, 2011 | 8,729 | 885,264 | ' | ' | 893,993 |
Share Subscriptions on March 3, 2011 (Shares) | 8,729,000 | ' | ' | ' | ' |
Share issuance costs | ' | -96,490 | ' | ' | -96,490 |
Warrants issued on March 3, 2011 | ' | -848,459 | ' | ' | -848,459 |
Common Shares cancelled on January 1, 2011 | -1,000 | 1,000 | ' | ' | ' |
Common Shares cancelled on January 1, 2011 (Shares) | -1,000,000 | ' | ' | ' | ' |
Debt settlement on March 16, 2011 | 78 | 12,422 | ' | ' | 12,500 |
Debt settlement on March 16, 2011 (Shares) | 78,125 | ' | ' | ' | ' |
Debt settlement on April 27, 2011 | 360 | 157,412 | ' | ' | 157,772 |
Debt settlement on April 27, 2011 (Shares) | 360,000 | ' | ' | ' | ' |
Debt settlement on April 27 2011 | 100 | 45,900 | ' | ' | 46,000 |
Debt settlement on April 27 2011 (Shares) | 100,000 | ' | ' | ' | ' |
Shares issued Wildhorse on April 11, 2011 | 500 | 74,500 | ' | ' | 75,000 |
Shares issued Wildhorse on April 11, 2011 (Shares) | 500,000 | ' | ' | ' | ' |
Share issuance correction on Jun 4, 2011 | 4 | -4 | ' | ' | ' |
Share issuance correction on Jun 4, 2011 (Shares) | 4,000 | ' | ' | ' | ' |
Stock Based Compensation | ' | 254,443 | ' | ' | 254,443 |
(Loss) for the peirod | ' | ' | ' | -165,405 | -165,405 |
Ending Balance at Aug. 31, 2011 | 24,644 | 5,142,978 | ' | -4,384,019 | 783,603 |
Ending Balance (Shares) at Aug. 31, 2011 | 24,643,865 | ' | ' | ' | ' |
Shares issued Altar on October 11, 2011 | 100 | 9,900 | ' | ' | 10,000 |
Shares issued Altar on October 11, 2011 (Shares) | 100,000 | ' | ' | ' | ' |
Shares issued Wildhorse on March 30, 2012 | 150 | 14,850 | ' | ' | 15,000 |
Shares issued Wildhorse on March 30, 2012 (Shares) | 150,000 | ' | ' | ' | ' |
Shares issued Tom Ihrke on April 10, 2012 | 94 | 9,281 | ' | ' | 9,375 |
Shares issued Tom Ihrke on April 10, 2012 (Shares) | 93,750 | ' | ' | ' | ' |
Shares subscription for cash on April 13, 2012 | 2,080 | 191,499 | ' | ' | 193,579 |
Shares subscription for cash on April 13, 2012 (Shares) | 2,080,000 | ' | ' | ' | ' |
Shares subscription for cash on July 27, 2012 | 600 | 29,400 | ' | ' | 30,000 |
Shares subscription for cash on July 27, 2012 (Shares) | 600,000 | ' | ' | ' | ' |
Shares subscription for cash on August 24, 2012 | 160 | 7,840 | ' | ' | 8,000 |
Shares subscription for cash on August 24, 2012 (Shares) | 160,000 | ' | ' | ' | ' |
Stock Based Compensation | ' | 66,953 | ' | ' | 66,953 |
(Loss) for the peirod | ' | ' | ' | -1,009,735 | -1,009,735 |
Ending Balance at Aug. 31, 2012 | 27,828 | 5,472,701 | ' | -5,393,754 | 106,775 |
Ending Balance (Shares) at Aug. 31, 2012 | 27,827,615 | ' | ' | ' | ' |
Shares issued for cash September 28, 2012 | 1,074 | 48,676 | ' | ' | 49,750 |
Shares issued for cash September 28, 2012 (Shares) | 1,074,500 | ' | ' | ' | ' |
Shares issued Altar on November 24, 2012 | 100 | 5,900 | ' | ' | 6,000 |
Shares issued Altar on November 24, 2012 (Shares) | 100,000 | ' | ' | ' | ' |
Shares issued for cash November 15, 2012 | 1,152 | 49,498 | ' | ' | 50,650 |
Shares issued for cash November 15, 2012 (Shares) | 1,152,300 | ' | ' | ' | ' |
Shares issued to Mark Snyder | 160 | 15,840 | ' | ' | 16,000 |
Shares issued to Mark Snyder (Shares) | 160,000 | ' | ' | ' | ' |
Debt settlement on March 1, 2013 | ' | 30,280 | ' | ' | 30,280 |
(Loss) for the peirod | ' | ' | ' | -730,904 | -730,904 |
Ending Balance at Aug. 31, 2013 | 30,314 | 5,622,895 | ' | -6,124,658 | -471,449 |
Ending Balance (Shares) at Aug. 31, 2013 | 30,314,415 | ' | ' | ' | ' |
Shares issued to Downhole Energy | 100 | 3,900 | ' | ' | 4,000 |
Shares issued to Downhole Energy (Shares) | 100,000 | ' | ' | ' | ' |
Shares issued to Stewart Briggs/Olibri | 750 | 36,750 | ' | ' | 37,500 |
Shares issued to Stewart Briggs/Olibri (Shares) | 750,000 | ' | ' | ' | ' |
Shares issued for MM Assets | 10,000 | 390,000 | ' | ' | 400,000 |
Shares issued for MM Assets (Shares) | 10,000,000 | ' | ' | ' | ' |
Shares issued for Investor Relations | 200 | 13,800 | ' | ' | 14,000 |
Shares issued for Investor Relations (Shares) | 200,000 | ' | ' | ' | ' |
Shares issued for cash for PP on Nov 18 | 2,720 | 133,280 | ' | ' | 136,000 |
Shares issued for cash for PP on Nov 18 (Shares) | 2,720,000 | ' | ' | ' | ' |
Shares issued for cash for PP on Dec 23 | 2,528 | 113,732 | ' | ' | 116,260 |
Shares issued for cash for PP on Dec 23 (Shares) | 2,528,000 | ' | ' | ' | ' |
Shares issued per Agreement with DS | 250 | 37,250 | ' | ' | 37,500 |
Shares issued per Agreement with DS (Shares) | 250,000 | ' | ' | ' | ' |
Shares issued per JV with WOM | 5,000 | 895,000 | ' | ' | 900,000 |
Shares issued per JV with WOM (Shares) | 5,000,000 | ' | ' | ' | ' |
Shares issued for cash for PP on Jan 31 | 4,292 | 395,142 | ' | ' | 399,434 |
Shares issued for cash for PP on Jan 31 (Shares) | 4,292,000 | ' | ' | ' | ' |
Shares issued for warrant conversion | 1,127 | 214,973 | ' | ' | 216,100 |
Shares issued for warrant conversion (Shares) | 1,126,500 | ' | ' | ' | ' |
Shares issued for option conversion | 450 | 43,800 | ' | ' | 44,250 |
Shares issued for option conversion (Shares) | 450,000 | ' | ' | ' | ' |
Shares issued for cash for PP on Feb 13 | 12,946 | 1,182,070 | ' | ' | 1,195,016 |
Shares issued for cash for PP on Feb 13 (Shares) | 12,946,000 | ' | ' | ' | ' |
Shares issued as per Agreeement with Agora | 54 | 12,446 | ' | ' | 12,500 |
Shares issued as per Agreeement with Agora (Shares) | 54,347 | ' | ' | ' | ' |
Shares issued per JV Agreement with GCL | 10,000 | 2,090,000 | ' | ' | 2,100,000 |
Shares issued per JV Agreement with GCL (Shares) | 10,000,000 | ' | ' | ' | ' |
Stock Based Compensation | ' | 92,029 | ' | ' | 92,029 |
(Loss) for the peirod | ' | ' | ' | -472,213 | -472,213 |
Ending Balance at Feb. 28, 2014 | $80,731 | $11,277,067 | ' | ($6,596,871) | $4,760,927 |
Ending Balance (Shares) at Feb. 28, 2014 | 80,731,262 | ' | ' | ' | ' |
CONSOLIDATED_STATEMENTS_OF_OPE
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) | 3 Months Ended | 6 Months Ended | 111 Months Ended | ||
Feb. 28, 2014 | Feb. 28, 2013 | Feb. 28, 2014 | Feb. 28, 2013 | Feb. 28, 2014 | |
Revenue | ' | ' | ' | ' | ' |
Non-renewal energy - natural gas and oil revenue | $0 | $0 | $0 | $0 | $374,342 |
Renewable energy - service revenue | 0 | 0 | 0 | 0 | 32,119 |
Total Revenue | 0 | 0 | 0 | 0 | 406,461 |
Non-renewable energy: | ' | ' | ' | ' | ' |
Natural gas and oil operating costs and royalties | 0 | 0 | 0 | 0 | 141,197 |
Depletion | 0 | 0 | 0 | 0 | 298,489 |
Write-down in carrying value of oil and gas property | 0 | 0 | 0 | 0 | 293,436 |
Renewable energy | 0 | 0 | 0 | 0 | 48,050 |
Cost of Revenue | 0 | 0 | 0 | 0 | 781,172 |
Gross Profit | 0 | 0 | 0 | 0 | -374,711 |
Expenses | ' | ' | ' | ' | ' |
Accounting and audit | 3,951 | 4,111 | 22,675 | 36,316 | 409,837 |
Sales & Marketing | 0 | 0 | 0 | 0 | 846 |
Advertising & Promotions | 44,197 | 201 | 73,458 | 3,893 | 153,952 |
Bank charges and interest expense | 2,878 | 1,716 | 3,224 | 4,248 | 69,457 |
Consulting | 124,784 | 49,655 | 190,805 | 101,907 | 1,973,664 |
Mineral exploration costs | 0 | 3,310 | 0 | 13,380 | 520,869 |
Fees and dues | 6,722 | 2,221 | 15,668 | 13,268 | 167,294 |
Insurance | 4,586 | 4,116 | 8,786 | 8,232 | 89,208 |
Investor relations | 12,629 | 0 | 26,629 | 0 | 150,443 |
Legal and professional | 9,772 | 1,186 | 9,772 | 1,186 | 233,259 |
Office and miscellaneous | 10,149 | 1,829 | 12,201 | 1,925 | 71,187 |
Rent | 1,958 | 3,919 | 2,504 | 7,853 | 98,426 |
Telephone | 229 | 1,128 | 229 | 2,075 | 20,593 |
Training & Conferences | 4,525 | 0 | 9,378 | 0 | 24,864 |
Travel | 10,848 | 0 | 11,308 | 2,014 | 129,710 |
Total expenses | 237,228 | 73,392 | 386,637 | 196,297 | 4,113,609 |
(Loss) for the period before other items | -237,228 | -73,392 | -386,637 | -196,297 | -4,488,320 |
Other income (expense) | ' | ' | ' | ' | ' |
Interest income | 0 | 0 | 0 | 0 | 9,433 |
Impairment of long term investments | 0 | 0 | 0 | 0 | -253,841 |
Others | -76,594 | 0 | -76,594 | 0 | -53,819 |
Equity interest pick up | -8,982 | -850 | -8,982 | -850 | -26,726 |
Gain on owned securities | 0 | 0 | 0 | -3,750 | -283,082 |
Gain on disposition of oil and gas interests | 0 | 0 | 0 | 0 | 522,976 |
Revaluation of warrants liability | 0 | 0 | 0 | 9,789 | 896,019 |
Write down of oil and gas properties | 0 | 0 | 0 | 0 | -2,919,511 |
Net loss and comrehensive loss for the period | ($322,804) | ($74,242) | ($472,213) | ($191,108) | ($6,596,871) |
Basic and diluted income (loss) per share | ($0.01) | $0 | ($0.01) | ($0.01) | ' |
Weighted average number of common shares outstanding - basic and diluted | 52,105,091 | 30,154,415 | 42,885,978 | 29,474,521 | ' |
CONSOLIDATED_STATEMENTS_OF_CAS
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 6 Months Ended | 111 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2013 | Feb. 28, 2014 | |
Cash flows used in operating activities | ' | ' | ' |
Net Income (loss) | ($472,213) | ($191,108) | ($6,596,871) |
Changes to reconcile net loss to net cash used in operating activities | ' | ' | ' |
Consulting - Stock based compensation | 133,214 | 0 | 790,464 |
Depletion | 0 | 0 | 298,489 |
Write down in carrying value of oil and gas properties | 0 | 0 | 293,436 |
Stock issued for mineral resource and oil and gas property | 0 | 0 | 37,500 |
Write down of oil and gas properties | 0 | 0 | 2,919,511 |
Gain on disposition of oil and gas properties | 0 | 0 | -522,976 |
Fair value of warrants liabilities | 0 | -9,789 | -896,019 |
Gain on owned securities | 0 | 3,750 | 283,082 |
Equity pick-up | 8,982 | 850 | 26,726 |
Impairment of long term investments | 0 | 0 | 253,841 |
Imputed interest | 0 | 0 | 17,396 |
Accrued loan interest | 0 | 0 | 17,928 |
Other non-cash activities | 0 | 0 | 30,153 |
Change in non-cash working capital items: | ' | ' | ' |
Accounts receivable | -5,900 | 20,713 | -8,420 |
Prepaid expenses and deposit | 83 | 393 | 17,455 |
Accounts payable and accrued liabilities | -69,077 | 70,697 | 267,612 |
Due to related parties | 12,062 | 36,499 | 166,335 |
Net cash (used in) operating activities | -392,849 | -67,995 | -2,604,358 |
Cash flows from (used in) investing activities | ' | ' | ' |
Proceeds from sale of marketable securities | 0 | 0 | 56,241 |
Oil and gas properties acquisition and divestment | 0 | 0 | -345,180 |
Proceeds from sale of oil and gas interests | 0 | 0 | 521,545 |
Mineral resource properties acquisition | 0 | -40,500 | -231,843 |
Investment in GSWPS | 0 | 0 | -103,500 |
Investment in Pro Eco | 10,004 | 0 | -34,996 |
Investment in Medical Marijuana Operations | -716,610 | 0 | -716,610 |
Cash provided in connection with business acquisition | 0 | 0 | 201,028 |
Net cash from (used in) investing activities | -706,606 | -40,500 | -653,315 |
Cash flows from financing activities | ' | ' | ' |
Promissory notes - related party | -47,380 | 0 | 2,665 |
Net Proceeds from Options exercised | 44,250 | 0 | 44,250 |
Net Proceeds from Warrants exercised | 216,100 | 0 | 216,100 |
Net proceeds from subscriptions received | 1,855,460 | 100,400 | 3,964,974 |
Net cash from financing activities | 2,068,430 | 100,400 | 4,227,989 |
Increase (Decrease) in cash and cash equivalents | 968,975 | -8,095 | 970,316 |
Cash and cash equivalents, beginning of period | 1,341 | 13,692 | 0 |
Cash and cash equivalents, end of period | 970,316 | 5,597 | 970,316 |
Supplemental information of cash flows | ' | ' | ' |
Interest paid in cash | 0 | 0 | 0 |
Income taxes paid in cash | $0 | $0 | $0 |
ORGANIZATION
ORGANIZATION | 6 Months Ended | |
Feb. 28, 2014 | ||
ORGANIZATION [Text Block] | ' | |
1 | ORGANIZATION | |
The unaudited interim consolidated financial statements for the period ended February 28, 2014 included herein have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with United States generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These unaudited interim consolidated financial statements should be read in conjunction with the August 31, 2013 audited annual consolidated financial statements and notes thereto. | ||
The Company was formed on November 24, 2004 under the laws of the State of Nevada and commenced operations on November 24, 2004. The Company was an independent natural gas and oil company engaged in the exploration, development and acquisition of natural gas and oil properties in the United States and Canada. In the fiscal year 2010, the Company shifted its strategic plan from its non-renewal energy operations to its planned renewal energy operations and natural resource acquisition and development. In late summer of 2013, the Company added another business sector in its entrance to medical marijuana and is considered a development stage company. The Company has offices in Vancouver and Kelowna, B.C., Canada. | ||
Effective September 25, 2009, we effected one (1) for two (2) share consolidation of our authorized and issued and outstanding common stock. | ||
On February 8, 2010, the Company changed its name from Golden Aria Corp. to Enertopia Corp. | ||
On February 22, 2010, the Company increased its authorized share capital to 200,000,000 common shares. |
GOING_CONCERN_UNCERTAINTY
GOING CONCERN UNCERTAINTY | 6 Months Ended | |
Feb. 28, 2014 | ||
GOING CONCERN UNCERTAINTY [Text Block] | ' | |
2 | GOING CONCERN UNCERTAINTY | |
The accompanying unaudited interim consolidated financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business for the foreseeable future. The Company incurred a net loss of $472,213 for the six months ended February 28, 2014 [net loss of $191,108 for the six months ended February 28, 2013] and as at February 28, 2014 has incurred cumulative losses of $6,596,871 that raises substantial doubt about its ability to continue as a going concern. Management has been able, thus far, to finance the operations through equity financing and cash on hand. There is no assurance that the Company will be able to continue to finance the Company on this basis. | ||
In view of these conditions, the ability of the Company to continue as a going concern is in substantial doubt and dependent upon its ability to generate sufficient cash flow to meet its obligations on a timely basis, to obtain additional financing as may be required, to receive the continued support of the Company’s shareholders, and ultimately to obtain successful operations. There are no assurances that we will be able to obtain further funds required for our continued operations. As noted herein, we are pursuing various financing alternatives to meet our immediate and long-term financial requirements. There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we will be unable to conduct our operations as planned, and we will not be able to meet our other obligations as they become due. In such event, we will be forced to scale down or perhaps even cease our operations. There is significant uncertainty as to whether we can obtain additional financing. These unaudited interim consolidated financial statements do not give effect to any adjustments which would be necessary should the Company be unable to continue as a going concern and therefore be required to realize its assets and discharge its liabilities in other than the normal course of business and at amounts different from those reflected in the accompanying unaudited interim consolidated financial statements. |
SIGNIFICANT_ACCOUNTING_POLICIE
SIGNIFICANT ACCOUNTING POLICIES | 6 Months Ended | ||
Feb. 28, 2014 | |||
SIGNIFICANT ACCOUNTING POLICIES [Text Block] | ' | ||
3 | SIGNIFICANT ACCOUNTING POLICIES | ||
a) | Basis of Consolidation | ||
The unaudited interim consolidated financial statements include the financial statements of the Company and its wholly-owned subsidiary, Target Energy, Inc., which has been dissolved effective November 4, 2013 with no significant accounting impact, equity interest of Pro Eco Energy Inc., which has been sold on December 2, 2013 with a gain of approximately $7,000, Global Solar Water Power Systems Inc. has been written down to $1, 30% inerest of World of Maihuana Productions Ltd. (“WOM”) and 49% interest of the Green Canvas Ltd. (" GCL) . All significant inter-company balances and transactions have been eliminated. | |||
b) | New Accounting Pronouncements | ||
In March 2013, the Financial Accounting Standards Board ( “FASB „ ) issued Accounting Standards Update ("ASU") 2013-05, "Foreign Currency Matters (Topic 830); Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity." This guidance applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. ASU No. 2013-05 is effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2013. We will adopt this guidance beginning with our fiscal quarter starting from March 1, 2014. We are currently reviewing the provisions of ASU No. 2013-05 on our consolidated financial statements. | |||
In July 2013, the FASB issued ASU No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This new guidance provides specific financial statement presentation requirements of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The guidance states that an unrecognized tax benefit in those circumstances should be presented as a reduction to the deferred tax asset. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. Early adoption is permitted. The Company does not believe that the adoption of this guidance will have a material impact on its consolidated financial statements. | |||
Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s financial statements upon adoption. |
OWNED_SECURITIES
OWNED SECURITIES | 6 Months Ended | |
Feb. 28, 2014 | ||
OWNED SECURITIES [Text Block] | ' | |
4 | OWNED SECURITIES | |
As at February 28, 2014 owned securities consist of 375,000 common shares of Cheetah Oil & Gas Ltd. obtained through the disposal of the Company’s oil and gas properties in Mississippi in 2010. The Company classified the securities owned as held-for-trade and recorded at fair value. | ||
The fair value of the common shares of Cheetah Oil & Gas Ltd. was $0.01 per share as at February 28, 2014 ( August 31, 2013 - $0.01). |
ASSETS_HELD_FOR_SALE
ASSETS HELD FOR SALE | 6 Months Ended | |||||||
Feb. 28, 2014 | ||||||||
ASSETS HELD FOR SALE [Text Block] | ' | |||||||
5 | ASSETS HELD FOR SALE | |||||||
Assets held for sale as February 28, 2014 and August 31, 2013 were comprised of the following: | ||||||||
28-Feb-14 | 31-Aug-13 | |||||||
$ | $ | |||||||
Investments in Pro-Eco Energy | - | 32,197 | ||||||
- | 32,197 | |||||||
Pro Eco Energy USA Ltd. | ||||||||
On April 21, 2008, the Company purchased 900,000 shares for $45,000 in Pro Eco Energy USA Ltd. (“Pro Eco Energy”) which represented 8.25% ownership. The former Chairman of the Company is a Director in Pro Eco Energy which had established the existence of significant influence in Pro Eco Energy and accordingly the equity method of accounting was adopted for the investment. | ||||||||
On December 2, 2013, the Company sold its investment in Pro Eco Energy Ltd. from its original purchase price of $45,000 which gave the Company 900,000 shares or 8.25% interest in the Pro Eco on April 21, 2008 to Western Standard Energy Corp. (the “ Purchase”) for $40,000. The terms of the purchase are as follows: a) $10,000 on the Closing date which is December 02, 2013; b) $10,000 on or before December 31, 2013; c) $10,000 on or before January 31, 2014; d) $10,000 on or before February 28, 2014. As at February 28, 2014, $30,000 was included in receivable. The Company is confident to collect this amount once the Purchaser complets it ongoing financing. |
LONG_TERM_INVESTMENTS
LONG TERM INVESTMENTS | 6 Months Ended | |
Feb. 28, 2014 | ||
LONG TERM INVESTMENTS [Text Block] | ' | |
6 | LONG TERM INVESTMENTS | |
Global Solar Water Power Systems Inc. | ||
On February 28, 2010, the Company entered into an Asset and Share Purchase Agreement with the Company’s former chief technical officer - Mr. Mark Snyder to acquire up to 20% ownership interest of GSWPS. As at August 31, 2012, the Company had 9.82% (August 31, 2011 – 8.14%) investment in Global Solar Water Power Systems Inc. (“GSWPS”). This was made by a cash/accrued contribution of $145,500 and an issuance of 500,000 shares of the Company at $0.25 per share for a combined value of $270,500. The investment in 2012 had been written down to $68,500. | ||
On March 1, 2013, the Company transferred 1.68% of interest back to GSWPS for settlement the accrued payments of $42,000 with Mr. Mark Snyder. As result, the Company’s interest in GSWPS reduced from 9.82% to 8.14%. The difference between the fair value of the 1.68% GSWPS interest and $42,000 was recorded under additional paid-in capital. | ||
During the August 31, 2013 fiscal year end, based on the management’s assessment of GSWPS’s current operations, the Company decided to write down long-term investment in GSWPS to $1. |
MINERAL_PROPERTY_AND_OIL_AND_G
MINERAL PROPERTY AND OIL AND GAS PROPERTIES | 6 Months Ended | ||
Feb. 28, 2014 | |||
MINERAL PROPERTY AND OIL AND GAS PROPERTIES [Text Block] | ' | ||
7 | MINERAL PROPERTY AND OIL AND GAS PROPERTIES | ||
On January 31, 2011, the Company entered into a letter of intent and paid $7,500 deposit to Wildhorse Copper Inc. and its wholly owned subsidiary Wildhorse Copper (AZ) Inc. (collectively, the “Optionors”). On April 11, 2011, the Company signed a Mineral Purchase Option Agreement (“Option Agreement”) with the Optionors respecting an option to earn a 100% interest, subject to a 1% NSR capped to a maximum of $2,000,000 in a property known as the Copper Hills property. The Copper Hills property is comprised of 56 located mining claims covering a total of 1,150 acres located in New Mexico, USA. The Optionors hold the Copper Hills property directly and indirectly through property purchase agreements between the Optionors and third parties (collectively, the “Indirect Agreements”). Pursuant to the Option Agreement the Optionors have assigned the Indirect Agreements to the Company. In order to earn the interest in the Copper Hills property, the Company is required to make aggregate cash payments of $591,650 over an eight year period and issue an aggregate of 1,000,000 shares of its common stock over a three year period. As at May 31, 2013, the Company has issued 500,000 shares at price of $0.15 per share and 150,000 shares at price of $0.10 per share to the Optionors and made aggregate cash payment of $106,863 (August 31, 2012-$106,863); the Company has expensed exploration costs of $143,680 (August 31, 2012-$143,680). On June 26, 2013, the Company announced the termination of its Option Agreement and write off all the capitalized costs. | |||
On July 19, 2011, the Company entered into a letter of intent and paid US$15,000 deposit to Altar Resources. Subsequent to August 31, 2011, on October 11, 2011, the Company signed a Mineral Purchase Option Agreement with Altar Resources with respect to an option to earn 100% interest, subject to a 2.5% NSR in a property known as Mildred Peak. The mining claims are in Arizona covering approximately 7,148 acres from Altar Resources which holds the mining claims directly and indirectly through federal mining claims and state mineral exploration leases; or, represented that it would hold such claims in good standing at the time of closing a definitive agreement. The Company is required to make aggregate cash payments of $881,000 over a five year period and issue an aggregate of 1,000,000 shares of its common stock over a four year period. As at February 28, 2013, the Company had made aggregate cash payments of $124,980 (August 31, 2012-$84,980) and issued 100,000 shares at price of $0.10 per share and 100,000 common shares at $0.06 per share to Altar Resources; along with expensed incurred exploration costs of $13,380. On May 30, 2013, the Company terminated the Option Agreement and has written off $140,980 of capitalized costs. | |||
On September 17, 2013 the Company entered into an AMI Participation Agreement with Downhole Energy LLC to participate in 100% gross interest and 75% net revenue interest for drilling, completion and production of up to 100 oil wells on certain oil and gas leases covering 2,924 in the historic field located in Forest and Venango counties, Pennsylvania. In order to earn the interest in this property, the Company is required to make the following payments: | |||
• | Issuing to the Vendor 100,000 common shares in the capital stock of the Company as soon as practicable following the execution of this Agreement (issued at $0.04 per share), | ||
• | Drilling up to10 wells in year one and issuing 10,000 common shares per producing well after 60 days of commercial production on or before the first anniversary of this Agreement, | ||
• | Drilling up to 20 wells in year two and issuing 10,000 common shares per producing well after 60 days of commercial production on or before the second anniversary of this Agreement, | ||
• | Drilling up to 30 wells in year three and issuing 10,000 common shares per producing well after 60 days of commercial production on or before the third anniversary of this Agreement, and | ||
• | Drilling up to 40 wells in year four and issuing 10,000 common shares per producing well after 60 days of commercial production on or before the fourth anniversary of this Agreement. | ||
On execution of this agreement the company issued 100,000 of its common shares at $0.04 per share to Downhole Energy LLC. |
MEDICAL_MARIJUANA_INVESTMENT
MEDICAL MARIJUANA INVESTMENT | 6 Months Ended | ||
Feb. 28, 2014 | |||
MEDICAL MARIJUANA INVESTMENT [Text Block] | ' | ||
8 | MEDICAL MARIJUANA INVESTMENT | ||
(a) | The Company has entered into a Joint Venture Agreement (the “ WOM Agreement”) on January 16, 2014 with WOM where the Company wishes to buy and the WOM wishes to sell 51% of the issued and outstanding capital stock of WOM. WOM expect to acquire a licence issued by Health Canada (the "Licence") to allow for WOM to operate a business of legally producing, manufacturing, propagating, importing/exporting, testing, researching and developing, and selling marijuana (the “WOM Business”) which shall be located at 33420 Cardinal Street, Mission, British Columbia (the "Premises"). The both parties have entered into a non-binding Letter Of Intent dated for reference the 1 st day of November, 2013 (the "LOI") which shall be superseded by this WOM Agreement. The both parties entered into the WOM Agreement to which sets out the terms and conditions in which the Company may acquire an interest in the WOM Business and the terms and conditions on which the parties will form a joint venture to jointly participate in the Business (the "Joint Venture"). The Effective Date" means the first business day following the day on which WOM has received the final and duly issued Licence from Health Canada and has notified Enertopia of such receipt. The execution date (the “Execution Date”) is upon signing of this WOM Agreement. | ||
The following are the terms of the WOM Agreement: | |||
Enertopia shall purchase its Interest in the Business as set out below, provided that all cash payments are payable directly to WOM by way of wire transfer: | |||
i) | 10,000,000 shares of the restricted common stock of Enertopia (the "Shares") to 0984329 B.C. Ltd ("098") at the direction of WOM at the time of execution of the LOI (the "LOI Shares") (Completed); | ||
ii) | Issuance of 5,000,000 Shares to 098 and payment of $100,000 to WOM upon signing of this WOM Agreement the Execution Date which Shares will be held in escrow (the "Escrow Shares") by Enertopia's solicitors until such time as the Effective Date has occurred. Upon occurrence of the Effective Date, the Escrow Shares will be released from escrow; (Completed) | ||
iii) | Payment to WOM of $75,000 by January 31, 2014 in exchange for which Enertopia will be granted a 30% Interest in the WOM Business;(Completed) | ||
iv) | Issue 1,000,000 Shares to 098 and pay $200,000 to WOM on or before the date that is six months from the Execution Date in exchange for which Enertopia shall be granted a further 1% Interest in the WOM Business; (Completed March 11, 2014) | ||
v) | Issue 1,000,000 Shares to 098 and pay $200,000 to WOM on or before the one year anniversary of the Execution Date in exchange for which Enertopia shall be granted a further 2% Interest in the WOM Business; | ||
vi) | Issue 1,000,000 Shares to 098 and $200,000 to WOM on or before the second year anniversary of the Execution Date in exchange for which Enertopia shall be granted a further 6% Interest in the WOM Business; | ||
vii) | Issue 1,000,000 Shares to 098 and $300,000 to WOM on or before the third year anniversary of the Execution Date in exchange for which Enertopia shall be granted a further 6% Interest in the WOM Business; | ||
viii) | Issue 1,000,000 Shares to 098 and $300,000 to WOM on or before the fourth year anniversary of the Execution Date in exchange for which Enertopia shall be granted a further 6% interest in the WOM Business for a total of 51% Interest to be held by Enertopia at such time; | ||
ix) | Following the Effective Date and subject to any required stock exchange approvals, Enertopia shall appoint Mathew Chadwick, the current sole director of WOM (the "Appointee"), to the board of directors of Enertopia. The Appointee will hold office until the next annual meeting of the shareholders of Enertopia unless his office is earlier vacated in accordance with applicable corporate law. Enertopia shall include the Appointee as one of the management nominees put forth by Enertopia at each shareholder meeting at which the election of directors is an item of business, provided however, that the Appointee shall only be entitled to serve as a director of Enertopia as long as this Agreement is in good standing, full force and effect; | ||
x) | WOM shall not, at any time following the Effective Date and during the course this Agreement remains in effect, issue, split, reverse split, hypothecate or otherwise transact any of its share capital, under any circumstance, without the prior written consent of Enertopia; and | ||
xi) | WOM shall use the first $375,000 paid by Enertopia pursuant to the term of the WOM Agreement hereof to upgrade the Business as may be required pursuant to Health Canada stipulations or as my otherwise required to advance the Business. | ||
(b) | On February 7, 2014, the Company has entered into a binding Letter of Intent ("LOI") shall set forth the basic terms of the recent discussions between Enertopia Corporation ("Enertopia") and Wisplite Technologies Incorporated ("WTI") and Wisplite Technologies Group Incorporated (“WTGI”) and CEX Holdings Limited (“CEX”) (collectively, the "Parties") with regard to the acquisition (the "Acquisition") by Enertopia of all of the issued and outstanding shares of WTI.Acquisition Structure. In accordance with the terms of a formal and definitive agreement to be entered into between Enertopia and the current shareholders of WTI (the "Shareholders) (the "Definitive Agreement"), Enertopia shall be entitled to acquire all of the issued and outstanding shares of WTI from the Shareholders. WTGI and CEX are the majority shareholders of WTI. WTI owns certain proprietary technologies, inventions, products, processes, formulae, designs, data, information and materials related to portable vaporizing devices. Upon the execution of this LOI, Enertopia paid WTI the sum of $85,000 which is for the payment of patent payments and associated costs. As at February 28, 2014, the LOI has been terminated and the CAD$85,000 has been expensed. | ||
(c) | On February 28, 2014, the Company has entered into a Joint Venture Agreement (" the GCL Agreement") with The Green Canvas Ltd. ("GCL") (collectively, the "Parties") with regard to the acquisition (the "Acquisition") by Enertopia of up a 75% interest in the business of GCL (the "GCL Business"), being the business of legally producing, manufacturing, propagating, importing/exporting, testing, researching and developing, and selling marihuana for medical purposes. | ||
The Company shall be entitled to acquire up to 75% ownership interest in the GCL Business (an "Ownership Interest") as follows: | |||
a) | Payment of $100,000 at the time of execution of the LOI (Completed); | ||
b) | Either concurrently with or immediately following the Execution Date, Enertopia shall complete the following in return for which Enertopia will be granted and vested with a 49% Ownership Interest in the Business: | ||
(i) | issue to GCL an aggregate of 10,000,000 common shares of Enertopia ("Shares"); and (Completed) | ||
(ii) | pay to GCL the aggregate sum of $500,000, the full amount of which, less the sum of $113,400 payable to Wolverton Securities as a finder's fee, shall be used by GCL to upgrade the GCL Business as may be necessary pursuant to MMPR requirements or as may otherwise be required to advance the GCL Business.(Completed) | ||
c) | An aggregate of 6,400,000 of the Shares issued pursuant to the term of CGL Agreement shall be held in escrow (the "Escrow Shares") by the Company’s solicitors until the Effective Date. Upon occurrence of the Effective Date, Enertopia will cause its solicitors to release the Escrow Shares from escrow. (Completed) | ||
d) | On or before the first anniversary of the Execution Date, Enertopia shall pay the sum of $250,000 to GCL and issue 3,000,000 Shares to GCL, in return for which Enertopia will be granted and vested with an additional 2% Ownership Interest for a total Ownership Interest of 51% at such time. | ||
e) | On or before the second anniversary of the Execution Date, pay the sum of $150,000 to GCL and issue 3,000,000 Shares to GCL, in return for which Enertopia will be granted and vested with an additional 9% Ownership Interest for a total Ownership Interest of 60% at such time. | ||
f) | Upon earning a 60% Ownership Interest on or before the second anniversary of the Execution Date in accordance with Sections (d) and (e), Enertopia shall have the option to acquire an additional 15% Ownership Interest through the issuance of an additional 3,000,000 Shares to GCL on or before the third anniversary of the Execution Date. | ||
g) | In the event the Effective Date does not occur within twelve (12) months from the Execution Date: | ||
(i) | GCL shall return all Shares issued to it by Enertopia pursuant to this Agreement other than 3,600,000 Shares of the 10,000,000 Shares issued pursuant to the term of GCL Agreement (comprised of 1,800,000 Shares issued to Wolverton Securities and 1,800,000 Shares issued to GCL) which GCL shall be entitled to retain; | ||
(ii) | The Management Agreements (as hereinafter defined) shall terminate immediately and Enertopia shall have no further obligation with respect to the Management Compensation (as hereinafter defined); and | ||
(iii) | This Agreement shall terminate and Enertopia will be released from all obligations under this GCL Agreement and GCL will also be so released provided that it has fulfilled its obligation pursuant to the term of CGL Agreement | ||
The terms of the GCL Agreement also require Enertopia to fund, for a period of three years subject to early termination of the Agreement, any shortfall in the payment of management fees to certain Green Canvas consultants in the amount of $15,000 per month, which fees are to be paid out of the gross profits of the joint venture. |
SHORT_TERM_LOAN
SHORT TERM LOAN | 6 Months Ended | |
Feb. 28, 2014 | ||
SHORT TERM LOAN [Text Block] | ' | |
9 | SHORT TERM LOAN | |
On February 9, 2012, the Company signed a Loan Agreement with Robert McAllister, president and director of the Company, to borrow $50,045 (CAD$50,000). The unsecured loan was due on May 9, 2012 at an interest rate of 10% per annum. Upon short term loan due, the loan term has been changed to a month to month. | ||
On February 20, 2014, the Company paid back the loan in full to Robert McAllister. |
RELATED_PARTIES_TRANSACTION
RELATED PARTIES TRANSACTION | 6 Months Ended | ||
Feb. 28, 2014 | |||
RELATED PARTIES TRANSACTION [Text Block] | ' | ||
10 | RELATED PARTIES TRANSACTION | ||
For the six months ended February 28, 2014, the Company was party to the following related party transactions: | |||
• | Paid/accrued $30,000 (February 28, 2013: $30,000) to the President of the Company in consulting fees. | ||
• | Paid/accrued $16,500 CAD (February 28, 2013: $16,500 CAD) in consulting fees to a company controlled by the CFO of the Company. | ||
• | As at February 28, 1014, $135,672 was payable to the officers/directors and the companies controlled by the officers/directors of the Company. | ||
• | See Note 9. | ||
The related party transactions are recorded at the exchange amount established and agreed to between the related parties. |
COMMON_STOCK
COMMON STOCK | 6 Months Ended | |
Feb. 28, 2014 | ||
COMMON STOCK [Text Block] | ' | |
11 | COMMON STOCK | |
On September 17, 2013 the Company entered into an AMI Participation Agreement with Downhole Energy LLC to participate in 100% gross interest and 75% net revenue interest for drilling, completion and production of up to 100 oil wells on certain oil and gas leases covering 2,924 in the historic field located in Forest and Venango counties, Pennsylvania. On execution of this agreement the company issued 100,000 of its common shares at a price of $0.04 to Downhole Energy LLC. | ||
On October 4, 2013 the Company entered into a consulting agreement with a six months term with Olibri Acquisitions and issued 750,000 common shares at a price of $0.05 of the Company for services provided in oil and gas consulting. As at February 28, 2014, a total of $31,250 has been expensed and $6,250 has been recorded as prepayment. | ||
On November 18, 2013, the Company entered into an investor relations contract with Coal Harbour Communications Inc. In consideration for the services the Company issued 200,000 of restricted common stock at a price of $0.07 of the Company. | ||
On November 15, 2013, the Company issued 10,000,000 shares of the restricted common stock of the Company at a price of $0.04 per share to 0984329 B.C. Ltd at the direction of WOM pursuant to the term of LOI signed with WOM. | ||
On November 26, 2013, the Company closed the first tranche of a private placement of 2,720,000 units at a price of CAD$0.05 per unit for gross proceeds of CAD$136,000 ($136,000). Each warrant will be exercisable into one further share at a price of $0.10 per warrant share for a period of thirty six month following the close. | ||
On December 23, 2013, the Company closed its final tranche of a private placement of 2,528,000 units at a price of CAD$0.05 per unit for gross roceeds of CAD$126,400 ($126,400). Each warrant will be exercisable into one further share at a price of $0.10 per warrant share for a period of thirty six months following the close. The Company also paid a cash finders fee of $10,140 and 202,800 broker warrants to Canaccord Genuity and Wolverton Securities that are exercisable into one common share at a price of $0.10 that expire on December 23, 2016. | ||
On January 16, 2014, the Company issued 5,000,000 common shares of the Company at a price of $0.18 per share to 0984329 BC Ltd, which shares will be held in escrow by the Company’s solicitors until such time which subject to certain condition has occurred per the term of the WOM Agreement. | ||
On January 13, 2014, the Company entered into a corporate development agreement with Don Shaxon. The initial term of this agreement shall begin on the date of execution of this agreement and continue for twelve months. In consideration for the services the Company issued 250,000 common shares of the Company at a price of $0.15 per share to Don Shaxon as a signing stock bonus. As at February 28, 2014, a total of $4,685 has been expensed and $32,812 has been recorded as prepayment. | ||
On January 31, 2014, the Company accepted and received gross proceeds of CAD$40,500 ($37,500), for the exercise of 350,000 stock options; 100,000 at $0.075 each, 150,000 stock options at $0.10 each, and 100,000 stock options at $0.15 each; into 350,000 common shares of the Company. | ||
On January 31, 2014, the Company closed the first tranche of a private placement of 4,292,000 units at a price of $0.10 per unit for gross proceeds of $429,200. Each Unit consists of one common share of the Company and one half (1/2) of one non-transferable Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable into one further Share at a price of $0.15 per Warrant Share for a period of twenty four (24) months following closing. A cash finders’ fee for $29,616 and 296,160 full broker warrants that expire on January 31, 2016 with an exercise price of $0.15 was paid to Canaccord Genuity, Leede Financial and Wolverton Securities. | ||
On February 13, 2014, the Company closed the final tranche of a private placement by issuing 12,938,000 units at a price of $0.10 per unit for gross proceeds of $1,293,800. Each Unit consists of one common share of the Company and one half (1/2) of one non-transferable Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable into one further Share at a price of $0.15 per Warrant Share for a period of twenty four (24) months following closing. One Director and One Officer of the Company participated in the final tranche for $30,000. A cash finders’ fee for $98,784 ; 8,000 common shares in lieu of $800 finders’ fee and 995,840 full broker warrants that expire on February 13, 2016 with an exercise price of $0.15 was paid to Canaccord Genuity, Global Market Development LLC and Wolverton Securities. | ||
On February 13, 2014, 50,000 stock options were exercised at a price of $0.06 by a Director and 50,000 stock options were exercised at a price of $0.075 by a Consultant for net proceeds to the Company of CAD$7,050 ($6,750) into 100,000 common shares of the Company. | ||
On February 13, 2014, 541,500 warrants from previous private placements were exercised into 541,500 common shares of the Company for net proceeds of $101,100. | ||
On February 27, 2014, 585,000 warrants from previous private placements were exercised into 585,000 common shares of the Company for net proceeds of $115,000. | ||
On February 27, 2014, the Company signed a $50,000 12 month marketing agreement with Agoracom payable in common shares of the Company. The first quarter payment of $12,500 has been paid by issuing 54,347 common shares of the Company at a market price of $0.23 per share. | ||
On February 28, 2014, the Company issued to GCL an aggregate of 10,000,000 common shares at a price of $0.235 of the Company. Of such shares issued, 6,400,000 of the shares issued pursuant shall be held in escrow (the "Escrow Shares") by the Company’s solicitors until such time which subject to certain condition has occurred per the term of the GCL Agreement. | ||
As at February 28, 2014, the Company had 80,731,262 shares issued and outstanding. |
STOCK_OPTIONS_AND_WARRANTS
STOCK OPTIONS AND WARRANTS | 6 Months Ended | ||||||
Feb. 28, 2014 | |||||||
STOCK OPTIONS AND WARRANTS [Text Block] | ' | ||||||
12 | STOCK OPTIONS AND WARRANTS | ||||||
Stock Options | |||||||
On April 14, 2011, the shareholders approved and adopted at the Annual General Meeting to consolidate the Company’s 2007 Equity compensation plan and the Company’s 2010 Equity Compensation Plan into a new Company 2011 Stock Option Plan. The purpose of this Plan is to advance the interests of the Corporation, through the grant of Options, by providing an incentive mechanism to foster the interest of eligible persons in the success of the Corporation and its affiliates; encouraging eligible persons to remain with the Corporation or its affiliates; and attracting new Directors, Officers, Employees and Consultants. | |||||||
On November 5, 2013 the Company granted 675,000 stock options to directors, officers, and consultant of the Company with an exercise price of $0.06 vested immediately, expiring November 5, 2018. | |||||||
On November 18, 2013, the Company granted 25,000 stock options to consultant of the Company with an exercise price of $0.09 vested immediately, expiring November 18, 2018. | |||||||
On January 1, 2014, the Company granted 200,000 stock options to consultant of the Company with an exercise price of $0.075 with 100,000 stock options vesting immediately, 50,000 stock options vested 30 days after the grant and 50,000 stock options vested 60 days after the grant, expiring January 1, 2019. | |||||||
On January 13, 2014, the Company granted 250,000 stock options to consultant of the Company. with respect to the Corporate Development Agreement dated January 13, 2014. The exercise price of the stock options is $0.16, 250,000 stock options vested immediately, expiring January 13, 2019. | |||||||
On February 5, 2014, Ryan Foster has joined the Company as an advisor the Company has granted 50,000 stock options to Ryan Foster with an exercise price of $0.35, 25,000 stock options vested immediately, 25,000 stock options vested on July 1, 2014, expiring February 5, 2019. | |||||||
For the six months ended February 28, 2014, the Company recorded $92,029 (February 28, 2013 – $Nil) stock based compensation expenses which has been included in consulting fees. | |||||||
A summary of the changes in stock options for the six months ended February 28, 2014 is presented below: | |||||||
Options Outstanding | |||||||
Weighted Average | |||||||
Number of Shares | Exercise Price | ||||||
Balance, August 31, 2013 | 2,455,000 | $ | 0.15 | ||||
Expired | (150,000 | ) | 0.18 | ||||
Exercised | (450,000 | ) | 0.1 | ||||
Granted | 1,200,000 | 0.12 | |||||
Balance, February 28, 2014 | 3,055,000 | $ | 0.13 | ||||
The fair value of options granted has been estimated as of the date of the grant by using the Black-Scholes option pricing model with the following assumptions: | |||||||
28-Feb-14 | 31-Aug-13 | ||||||
Expected volatility | 204%- 226% | 134.43%- 142.22% | |||||
Risk-free interest rate | 1.33%- 1.46% | 1.32%- 1.46% | |||||
Expected life | 5.00 years | 5.00 years | |||||
Dividend yield | 0.00% | 0.00% | |||||
Estimated fair value per option | $0.05 -$0.31 | $0.06 | |||||
The Company has the following options outstanding and exercisable. | |||||||
28-Feb-14 | Options outstanding | Options exercisable | |||||
Number | Remaining | Exercise | Number | Exercise | |||
Exercise prices | of shares | contractual | Price | of shares | Price | ||
life | exercisable | ||||||
$0.35 | 50,000 | 4.94 years | $0.35 | 25,000 | $0.35 | ||
$0.16 | 250,000 | 4.87 years | $0.16 | 250,000 | $0.16 | ||
$0.08 | 50,000 | 4.84 years | $0.08 | - | - | ||
$0.06 | 625,000 | 4.68 years | $0.06 | 625,000 | $0.06 | ||
$0.09 | 25,000 | 4.72 years | $0.09 | 25,000 | $0.09 | ||
$0.10 | 300,000 | 0.64 years | $0.10 | 400,000 | $0.10 | ||
$0.10 | 400,000 | 0.83 years | $0.10 | 450,000 | $0.10 | ||
$0.15 | 555,000 | 1.96 years | $0.15 | 655,000 | $0.15 | ||
$0.15 | 150,000 | 2.02 years | $0.15 | 150,000 | $0.15 | ||
$0.15 | 250,000 | 3.05 years | $0.15 | 250,000 | $0.15 | ||
$0.20 | 100,000 | 1.69 years | $0.20 | 150,000 | $0.20 | ||
$0.25 | 300,000 | 2.25 years | $0.25 | 300,000 | $0.25 | ||
3,055,000 | 2.69 years | $0.13 | 2,980,000 | $0.13 | |||
31-Aug-13 | Options outstanding | Options exercisable | |||||
Number | Remaining | Exercise | Number | Exercise | |||
Exercise prices | of shares | contractual | Price | of shares | Price | ||
life | exercisable | ||||||
$0.10 | 400,000 | 1.14 years | $0.10 | 400,000 | $0.10 | ||
$0.10 | 450,000 | 1.33 years | $0.10 | 450,000 | $0.10 | ||
$0.15 | 655,000 | 2.46 years | $0.15 | 655,000 | $0.15 | ||
$0.15 | 150,000 | 2.44 years | $0.15 | 150,000 | $0.15 | ||
$0.15 | 250,000 | 3.55 years | $0.15 | 250,000 | $0.15 | ||
$0.18 | 150,000 | 1.98 years | $0.18 | 150,000 | $0.18 | ||
$0.20 | 100,000 | 1.98 years | $0.20 | 150,000 | $0.20 | ||
$0.25 | 300,000 | 2.76 years | $0.25 | 300,000 | $0.25 | ||
2,455,000 | 2.18 years | $0.15 | 2,455,000 | $0.15 | |||
Warrants | |||||||
On November 26, 2013 the Company closed the first tranche of a private placement of 2,720,000 units at a price of CAD$0.05 per unit for gross proceeds of CAD$136,000 ($136,000). Each warrant will be exercisable into one further share at a price of $0.10 per warrant share for a period of thirty six months following the close. | |||||||
On December 23, 2013, the Company closed its final tranche of a private placement of 2,528,000 units at a price of CAD$0.05 per unit for gross roceeds of CAD$126,400 ($126,400). Each warrant will be exercisable into one further share at a price of US$0.10 per warrant share for a period of thirty six months following the close. The Company also paid a cash finders fee of $10,140 and 202,800 broker warrants to Canaccord Genuity and Wolverton Securities that are exercisable into one common share at a price of US$0.10 that expire on December 23, 2016. | |||||||
On January 31, 2014, Enertopia closed the first tranche of a private placement of 4,292,000 units at a price of US$0.10 per unit for gross proceeds of $429,200. Each Unit consists of one common share of the Company and one half (1/2) of one non-transferable Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable into one further Share at a price of $0.15 per Warrant Share for a period of twenty four (24) months following closing. A cash finders’ fee for $29,616 and 296,160 full broker warrants that expire on January 31, 2016 with an exercise price of $0.15 was paid to Canaccord Genuity, Leede Financial and Wolverton Securities. | |||||||
On February 13, 2014, Enertopia closed the final tranche of a private placement by issuing 12,938,000 units at a price of $0.10 per unit for gross proceeds of $1,293,800. Each Unit consists of one common share of the Company and one half (1/2) of one non-transferable Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable into one further Share at a price of $0.15 per Warrant Share for a period of twenty four (24) months following closing. One Director and One Officer of the Company participated in the final tranche for $30,000. A cash finders’ fee for $98,784 ; 8,000 common shares in lieu of $800 finders’ fee and 995,840 full broker warrants that expire on February 13, 2016 with an exercise price of $0.15 was paid to Canaccord Genuity, Global Market Development LLC and Wolverton Securities. | |||||||
On February 13, 2014, 541,500 warrants from previous private placements were exercised into 541,500 common shares of the Company for net proceeds of US$101,100. The exercise price was $0.20 for 469,500 warrants and $0.10 for 72,000 warrants. | |||||||
On February 27, 2014, 585,000 warrants from previous private placements were exercised into 585,000 common shares of the Company for net proceeds of US$115,000. The exercise price was $0.20 for 565,000 warrants and $0.10 for 20,000 warrants. | |||||||
A summary of warrants as at February 28, 2014 and August 31, 2013 is as follows: | |||||||
Warrant Outstanding | |||||||
Weighted Average | |||||||
Number of warrant | Exercise Price | ||||||
Balance, August 31, 2013 | 5,429,800 | $ | 0.2 | ||||
Exercised | (1,126,500 | ) | $ | 0.2 | |||
Granted | 15,357,800 | $ | 0.13 | ||||
Balance, February 28, 2014 | 19,661,100 | $ | 0.15 | ||||
Number | Exercise | Expiry | |||||
Outstanding 1 | Price | Date | |||||
1,387,200 | $0.15 ; $0.20 after 12 months | 13-Apr-14 | |||||
660,000 | $0.10 ; $0.20 after 12 months | 27-Jul-15 | |||||
176,000 | $0.10 ; $0.20 after 12 months | 24-Aug-15 | |||||
1,106,500 | $0.10 ; $0.20 after 12 months | 28-Sep-15 | |||||
1,065,600 | $0.10 ; $0.20 after 12 months | 15-Nov-15 | |||||
2,720,000 | $0.10 | 26-Nov-16 | |||||
2,638,800 | $0.10 | 23-Dec-16 | |||||
2,442,160 | $0.15 | 31-Jan-16 | |||||
7,464,840 | $0.15 | 13-Feb-16 | |||||
19,661,100 | |||||||
1. Each warrant entitles a holder to purchase one common share. |
COMMITMENTS_OTHER
COMMITMENTS OTHER | 6 Months Ended | ||
Feb. 28, 2014 | |||
COMMITMENTS OTHER [Text Block] | ' | ||
13 | COMMITMENTS – OTHER | ||
(a) | The Company has a consulting agreement with the President of the Company for corporate administration and consulting services for $5,000 per month plus HST/GST on a continuing basis. Effective March 1, 2014, the Company entered into a new consulting contract with the consulting services at $6,500 per month plus GST. | ||
(b) | On October 9, 2009, the Company entered into consulting agreement with BKB Management Ltd., a corporation organized under the laws of the Province of British Columbia. BKB Management Ltd. is a consulting company controlled by the chief financial officer of the Company. BKB Management provides management consulting services for CAD$4,500 per month plus HST/GST. Effective April 1, 2011, the consulting services are CAD$5,500 per month plus HST/GST. Effective March 1, 2014, the Company entered into a new consulting agreement with the consulting services at CAD$7,500 per month plus GST. | ||
(c) | On January 1, the Company signed a On January 1, 2014, the Company entered into an Social Media/Web Marketing Agreement with Stuart Gray. The initial term of this agreement shall begin on the date of execution of this Agreement and continue for three months. In consideration for the services the Company will pay the Provider Stuart Gray a monthly fee of $5,000. Upon execution of the Agreement, the Company issued 200,000 stock options. The exercise price of the stock options is $0.075, 100,000 stock options vested immediately, 50,000 stock options vested 30 days after the grant and 50,000 stock options vested 60 days after the grant, expiring January 1, 2019. | ||
(d) | On January 13, 2014, the Company entered into a corporate development agreement with Don Shaxon. The initial term of this agreement shall begin on the date of execution of this agreement and continue for twelve months. Thereafter the agreement will continue on a month-by-month basis pending cancelation by written notification with 30 days notice. In consideration for the services the Company will pay the Provider Don Shaxon a signing stock bonus of 250,000 common shares of the Company, one-time cash bonus of $40,000 90 days after the commencement of the contract, and a monthly fee of $3,500 plus $500 in monthly expenses. Upon execution of the Agreement, the Company also granted 250,000 stock options. to Don Shaxon with respect to the corporate development agreement dated January 13, 2014. The exercise price of the stock options is $0.16, 250,000 stock options vested immediately, expiring January 13, 2019. | ||
(e) | On February 27, 2014, the Company signed a $50,000 12 month marketing agreement with Agoracom payable in common shares of the Company on a quarterly basis. The first quarter payment of $12,500 has been paid by issuing 54,347 common shares of the Company at a market price of $0.23 per share. | ||
(f) | Also see note 7, 8, 15. |
SEGMENTED_INFORMATION
SEGMENTED INFORMATION | 6 Months Ended | ||||||||||||||||
Feb. 28, 2014 | |||||||||||||||||
SEGMENTED INFORMATION [Text Block] | ' | ||||||||||||||||
14 | SEGMENTED INFORMATION | ||||||||||||||||
The Company identifies its segments based on the way management organizes the Company to assess performance and make operating decisions regarding the allocation of resources. In accordance with the criteria in FASB ASC 280 " Segment Reporting ," the Company has concluded it has two reportable segments: renewable energy, and oil and gas, and medical marijuana, which are managed separately based on fundamental differences in their operations nature. | |||||||||||||||||
Summarized financial information concerning the Company’s reportable segments is shown in the following tables: | |||||||||||||||||
Medical | |||||||||||||||||
Quarter ended February 28, 2014 | Renewable energy | Oil and Gas | Marijuana | Corporate | Consolidated | ||||||||||||
Revenues | $ | - | $ | - $ | $ | - | $ | - | |||||||||
Net income (loss) from operations | (8,982 | ) | (463,251 | ) | (472,213 | ) | |||||||||||
Total assets | $ | 1 | $ | 4,000 | $ | 4,107,628 | $ | 1,070,822 $ | $ | 5,182,450 | |||||||
The operations of the Group are located geographically in the United States, except for the Medical Marijuana which is in Canada. The administrative functions are all located geographically in Canada. |
SUBSEQUENT_EVENTS
SUBSEQUENT EVENTS | 6 Months Ended | |
Feb. 28, 2014 | ||
SUBSEQUENT EVENTS [Text Block] | ' | |
15 | SUBSEQUENT EVENTS | |
a) | On March 5, 2014, the Company and Mr. Robert McAllister has entered into a three year Joint Venture Agreement (" JV ") with Lexaria Corp. collectively, the " Parties "). Whereas the Company and Robert McAllister will source opportunities in the Business, and the terms and conditions on which the Parties will form a joint venture to jointly participate in, or offer specific opportunities within the Business (the " Joint Venture "), and Robert McAllister will join the Lexaria Corp. advisory board for the term of this Agreement. Lexaria Corp. issued the Company 1,000,000 shares and Robert McAllister 500,000 shares on signing of the Agreement. | |
b) | On March 10, 2014, the Company’s Board has appointed Mr. Matthew Chadwick and the Company entered into a Management Agreement with Matthew Chadwick as Senior Vice President of Marijuana Operations. The initial term of this agreement shall begin on the date of execution of this agreement and continue for six months. Thereafter the agreement will continue on a month-by-month basis pending cancelation by written notification with 30 days notice. In consideration for the services the Company will pay Mr. Matthew Chadwick CAD$25,000 per month. | |
c) | On March 11, 2014, Robert Chadwick and Clayton Newbury have joined the Company as advisors and have been paid a $1,000 honorarium each. Robert Chadwick will be issued a one-time 100,000 common shares of the Company. On March 11, 2014, the Company granted 100,000 stock options to Robert Chadwick with an exercise price of $0.68, 50,000 stock options vested immediately, 50,000 stock options vested on September 11, 2014, expiring March 11, 2019. The Company also granted 100,000 options to Clayton Newbury with an exercise price of $0.68, 50,000 stock options vested immediately, 50,000 stock options vested on September 11, 2014, expiring March 11, 2019. | |
d) | As per the terms of the Joint Venture Agreement dated January 16, 2014 with World of Marihuana Productions Ltd., the Company made a payment of $200,000 and issued 1,000,000 at a price of $0.68 per share to 0984329 B.C. LTD, the Company now owns 31% of World of Marihuana Productions Ltd. | |
e) | On March 14, 2014, the Company signed a six month contract for $21,735 with The Money Channel to provide services for national television, internet and radio media campaign. | |
f) | On March 14, 2014, 815,310 warrants from previous private placements were exercised into 815,310 common shares of the Company for net proceeds of $163,062. | |
g) | On March 14, 2014, the Company accepted and received gross proceeds from a director of the Company of CAD$8,250 (US$7,500), for the exercise of 50,000 stock options at an exercise price of $0.15, into 50,000 common shares of the Company. | |
h) | On March 17, 2014, 1,548,000 warrants from previous private placements were exercised into 1,548,000 common shares of the Company for net proceeds of US$289,475. | |
i) | On March 25, 2014, Enertopia Corp (the “Company”) accepted and received gross proceeds of $67,750, for the exercise of 325,000 stock options at $0.06 to $0.25 each, into 325,000 common shares of the Company. | |
j) | On March 25, 2014, 1,095,000 warrants from previous private placements were exercised into 1,095,000 common shares of the Company for net proceeds of US$114,250. | |
k) | On March 26, 2014, the Company’s Board has appointed Dr. Robert Melamede as an Advisor to the Board of Directors’ and has been paid an honorarium of $2,500 for the first year of your participation on our Advisory Board. Enertopia will be issuing you 250,000 shares of common stock of the Company. On March 26, 2014 the Company has granted 500,000 stock options with an exercise price of $0.70, 250,000 stock options vest immediately and the remaining 250,000 stock options vest September 26, 2014, expiring March 26, 2019. | |
l) | On April 1, 2014, the Company has entered into a one year consulting agreement with Kristian Dagsaan to provide controller services for CAD$3,000 plus GST per month. The Company also granted 100,000 stock options vesting immediately, with an exercise price of $0.86, expiring April 1, 2019. | |
m) | On April 1, 2014, the Company entered into a 90 day investor relations contract for CAD $9,000 with Ken Faulkner. The Company also granted 100,000 stock options vesting immediately with an exercise price of $0.86, expiring April 1, 2019. | |
n) | On April 3, 2014, the Company entered into another 3 month Social Media/Web Marketing Agreement with Stuart Gray. In consideration for the services the Company will pay the Provider Stuart Gray a monthly fee of $5,000. Upon execution of the Agreement, the Company issued 100,000 stock options. The exercise price of the stock options is $0.72, 100,000 stock options vested immediately, expiring April 3, 2019. | |
o) | On April 3, 2014, 1,293,500 warrants from previous private placements were exercised into 1,293,500 common shares of the Company for net proceeds of US$177,950. | |
p) | On April 3, 2014, the Company accepted and received gross proceeds from past consultant of the Company of US$1,500 for the exercise of 25,000 stock options at an exercise price of $0.06, into 25,000 common shares of the Company. | |
q) | On April 8, 2014, the Company granted 50,000 stock options to a consultant of the Company, Taven White. The exercise price of the stock options is $0.50, 50,000 stock options vested immediately, expiring April 8, 2019. | |
r) | On April 10, the Company entered into a Letter of Intent with (" LOI ") shall set forth the basic terms of the recent discussions between Enertopia Corporation, or its wholly-owned subsidiary (" Enertopia ") and Lexaria Corp., or its wholly-owned subsidiary (" Lexaria ") (collectively, the " Parties ") with regard to the ownership by Enertopia of a 51% interest in the business, and the ownership by Lexaria of a 49% interest in the business of legally producing, manufacturing, propagating, importing/exporting, testing, researching and developing, and selling marihuana for medical purposes under the MMPR (the " Business "). In accordance with the terms of a formal and definitive Agreement to be entered into between Enertopia and Lexaria (the " Definitive Agreement "), Enertopia shall own 51% ownership interest in the Business (the "Enertopia Ownership ") and Lexaria shall own 49% ownership interest in the Business (the “Lexaria Ownership”). Within 10 days, Enertopia shall contribute $45,000 and Lexaria shall contribute $55,000 to the Business. A total of 500,000 Definitive Agreement Shares shall be issued to Enertopia, held in escrow (the " Escrow Shares ") by Lexaria's solicitors until such date as the License (as hereinafter defined) has been obtained by Enertopia (the " Effective Date "). | |
s) | Letter of intent, to be executed on behalf of a corporation to be incorporated by Lexaria Corp. and Enertopia Corporation(Lessee) and Mr. Jeff Paikin of XXXX Ontario Inc. (Lessor) sets out the Lessee’s and Lessor’s shared intent to enter into a lease agreement (the “Lease”) for warehouse space (the “Leased Premises”) in the building located at XXXXX, Ontario (the “Building”).The Company issued the 38,297 common shares at a deemed price of $0.47 per the terms of the Letter of Intent to lease space in Ontario to Jeff Paikin Enterprises Inc.. |
COMPARATIVE_INFORMATION
COMPARATIVE INFORMATION | 6 Months Ended | |
Feb. 28, 2014 | ||
COMPARATIVE INFORMATION [Text Block] | ' | |
16 | COMPARATIVE INFORMATION | |
Certain comparative information has been reclassified to conform with the presentation adopted in the current period. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies (Policies) | 6 Months Ended | ||
Feb. 28, 2014 | |||
Basis of Consolidation [Policy Text Block] | ' | ||
a) | Basis of Consolidation | ||
The unaudited interim consolidated financial statements include the financial statements of the Company and its wholly-owned subsidiary, Target Energy, Inc., which has been dissolved effective November 4, 2013 with no significant accounting impact, equity interest of Pro Eco Energy Inc., which has been sold on December 2, 2013 with a gain of approximately $7,000, Global Solar Water Power Systems Inc. has been written down to $1, 30% inerest of World of Maihuana Productions Ltd. (“WOM”) and 49% interest of the Green Canvas Ltd. (" GCL) . All significant inter-company balances and transactions have been eliminated. | |||
New Accounting Pronouncements [Policy Text Block] | ' | ||
b) | New Accounting Pronouncements | ||
In March 2013, the Financial Accounting Standards Board ( “FASB „ ) issued Accounting Standards Update ("ASU") 2013-05, "Foreign Currency Matters (Topic 830); Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity." This guidance applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. ASU No. 2013-05 is effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2013. We will adopt this guidance beginning with our fiscal quarter starting from March 1, 2014. We are currently reviewing the provisions of ASU No. 2013-05 on our consolidated financial statements. | |||
In July 2013, the FASB issued ASU No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. This new guidance provides specific financial statement presentation requirements of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The guidance states that an unrecognized tax benefit in those circumstances should be presented as a reduction to the deferred tax asset. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. Early adoption is permitted. The Company does not believe that the adoption of this guidance will have a material impact on its consolidated financial statements. |
ASSETS_HELD_FOR_SALE_Tables
ASSETS HELD FOR SALE (Tables) | 6 Months Ended | |||||||
Feb. 28, 2014 | ||||||||
Schedule of Assets held for sale [Table Text Block] | ' | |||||||
28-Feb-14 | 31-Aug-13 | |||||||
$ | $ | |||||||
Investments in Pro-Eco Energy | - | 32,197 | ||||||
- | 32,197 |
STOCK_OPTIONS_AND_WARRANTS_Tab
STOCK OPTIONS AND WARRANTS (Tables) | 6 Months Ended | 12 Months Ended | ||||||||||||
Feb. 28, 2014 | Aug. 31, 2013 | |||||||||||||
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] | ' | ' | ||||||||||||
Options Outstanding | ||||||||||||||
Weighted Average | ||||||||||||||
Number of Shares | Exercise Price | |||||||||||||
Balance, August 31, 2013 | 2,455,000 | $ | 0.15 | |||||||||||
Expired | (150,000 | ) | 0.18 | |||||||||||
Exercised | (450,000 | ) | 0.1 | |||||||||||
Granted | 1,200,000 | 0.12 | ||||||||||||
Balance, February 28, 2014 | 3,055,000 | $ | 0.13 | |||||||||||
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] | ' | ' | ||||||||||||
28-Feb-14 | 31-Aug-13 | |||||||||||||
Expected volatility | 204%- 226% | 134.43%- 142.22% | ||||||||||||
Risk-free interest rate | 1.33%- 1.46% | 1.32%- 1.46% | ||||||||||||
Expected life | 5.00 years | 5.00 years | ||||||||||||
Dividend yield | 0.00% | 0.00% | ||||||||||||
Estimated fair value per option | $0.05 -$0.31 | $0.06 | ||||||||||||
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] | ' | ' | ||||||||||||
28-Feb-14 | Options outstanding | Options exercisable | 31-Aug-13 | Options outstanding | Options exercisable | |||||||||
Number | Remaining | Exercise | Number | Exercise | Number | Remaining | Exercise | Number | Exercise | |||||
Exercise prices | of shares | contractual | Price | of shares | Price | Exercise prices | of shares | contractual | Price | of shares | Price | |||
life | exercisable | life | exercisable | |||||||||||
$0.35 | 50,000 | 4.94 years | $0.35 | 25,000 | $0.35 | |||||||||
$0.16 | 250,000 | 4.87 years | $0.16 | 250,000 | $0.16 | $0.10 | 400,000 | 1.14 years | $0.10 | 400,000 | $0.10 | |||
$0.08 | 50,000 | 4.84 years | $0.08 | - | - | $0.10 | 450,000 | 1.33 years | $0.10 | 450,000 | $0.10 | |||
$0.06 | 625,000 | 4.68 years | $0.06 | 625,000 | $0.06 | $0.15 | 655,000 | 2.46 years | $0.15 | 655,000 | $0.15 | |||
$0.09 | 25,000 | 4.72 years | $0.09 | 25,000 | $0.09 | $0.15 | 150,000 | 2.44 years | $0.15 | 150,000 | $0.15 | |||
$0.10 | 300,000 | 0.64 years | $0.10 | 400,000 | $0.10 | $0.15 | 250,000 | 3.55 years | $0.15 | 250,000 | $0.15 | |||
$0.10 | 400,000 | 0.83 years | $0.10 | 450,000 | $0.10 | $0.18 | 150,000 | 1.98 years | $0.18 | 150,000 | $0.18 | |||
$0.15 | 555,000 | 1.96 years | $0.15 | 655,000 | $0.15 | $0.20 | 100,000 | 1.98 years | $0.20 | 150,000 | $0.20 | |||
$0.15 | 150,000 | 2.02 years | $0.15 | 150,000 | $0.15 | $0.25 | 300,000 | 2.76 years | $0.25 | 300,000 | $0.25 | |||
$0.15 | 250,000 | 3.05 years | $0.15 | 250,000 | $0.15 | |||||||||
$0.20 | 100,000 | 1.69 years | $0.20 | 150,000 | $0.20 | 2,455,000 | 2.18 years | $0.15 | 2,455,000 | $0.15 | ||||
$0.25 | 300,000 | 2.25 years | $0.25 | 300,000 | $0.25 | |||||||||
3,055,000 | 2.69 years | $0.13 | 2,980,000 | $0.13 | ||||||||||
Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block] | ' | ' | ||||||||||||
Warrant Outstanding | ||||||||||||||
Weighted Average | ||||||||||||||
Number of warrant | Exercise Price | |||||||||||||
Balance, August 31, 2013 | 5,429,800 | $ | 0.2 | |||||||||||
Exercised | (1,126,500 | ) | $ | 0.2 | ||||||||||
Granted | 15,357,800 | $ | 0.13 | |||||||||||
Balance, February 28, 2014 | 19,661,100 | $ | 0.15 | |||||||||||
Schedule of Share Based Payment Award Equity Note Warrants or Rights Valuation Assumptions [Table Text Block] | ' | ' | ||||||||||||
Number | Exercise | Expiry | ||||||||||||
Outstanding 1 | Price | Date | ||||||||||||
1,387,200 | $0.15 ; $0.20 after 12 months | 13-Apr-14 | ||||||||||||
660,000 | $0.10 ; $0.20 after 12 months | 27-Jul-15 | ||||||||||||
176,000 | $0.10 ; $0.20 after 12 months | 24-Aug-15 | ||||||||||||
1,106,500 | $0.10 ; $0.20 after 12 months | 28-Sep-15 | ||||||||||||
1,065,600 | $0.10 ; $0.20 after 12 months | 15-Nov-15 | ||||||||||||
2,720,000 | $0.10 | 26-Nov-16 | ||||||||||||
2,638,800 | $0.10 | 23-Dec-16 | ||||||||||||
2,442,160 | $0.15 | 31-Jan-16 | ||||||||||||
7,464,840 | $0.15 | 13-Feb-16 | ||||||||||||
19,661,100 |
SEGMENTED_INFORMATION_Tables
SEGMENTED INFORMATION (Tables) | 6 Months Ended | ||||||||||||||||
Feb. 28, 2014 | |||||||||||||||||
Schedule of Segment Reporting Information, by Segment [Table Text Block] | ' | ||||||||||||||||
Medical | |||||||||||||||||
Quarter ended February 28, 2014 | Renewable energy | Oil and Gas | Marijuana | Corporate | Consolidated | ||||||||||||
Revenues | $ | - | $ | - $ | $ | - | $ | - | |||||||||
Net income (loss) from operations | (8,982 | ) | (463,251 | ) | (472,213 | ) | |||||||||||
Total assets | $ | 1 | $ | 4,000 | $ | 4,107,628 | $ | 1,070,822 $ | $ | 5,182,450 |
ORGANIZATION_Narrative_Details
ORGANIZATION (Narrative) (Details) | 6 Months Ended |
Feb. 28, 2014 | |
Organization 1 | 200,000,000 |
GOING_CONCERN_UNCERTAINTY_Narr
GOING CONCERN UNCERTAINTY (Narrative) (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Going Concern Uncertainty 1 | $472,213 |
Going Concern Uncertainty 2 | 191,108 |
Going Concern Uncertainty 3 | $6,596,871 |
SIGNIFICANT_ACCOUNTING_POLICIE1
SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Significant Accounting Policies 1 | $7,000 |
Significant Accounting Policies 2 | $1 |
Significant Accounting Policies 3 | 30.00% |
Significant Accounting Policies 4 | 49.00% |
OWNED_SECURITIES_Narrative_Det
OWNED SECURITIES (Narrative) (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Owned Securities 1 | 375,000 |
Owned Securities 2 | $0.01 |
Owned Securities 3 | $0.01 |
ASSETS_HELD_FOR_SALE_Narrative
ASSETS HELD FOR SALE (Narrative) (Details) | 6 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2014 | |
USD ($) | CAD | |
Assets Held For Sale 1 | 900,000 | 900,000 |
Assets Held For Sale 2 | $45,000 | ' |
Assets Held For Sale 3 | 8.25% | 8.25% |
Assets Held For Sale 4 | 45,000 | ' |
Assets Held For Sale 5 | 900,000 | 900,000 |
Assets Held For Sale 6 | 8.25% | 8.25% |
Assets Held For Sale 7 | 40,000 | ' |
Assets Held For Sale 8 | 10,000 | ' |
Assets Held For Sale 9 | 10,000 | ' |
Assets Held For Sale 10 | ' | 10,000 |
Assets Held For Sale 11 | 10,000 | ' |
Assets Held For Sale 12 | $30,000 | ' |
LONG_TERM_INVESTMENTS_Narrativ
LONG TERM INVESTMENTS (Narrative) (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Long Term Investments 1 | 20.00% |
Long Term Investments 2 | 9.82% |
Long Term Investments 3 | 8.14% |
Long Term Investments 4 | $145,500 |
Long Term Investments 5 | 500,000 |
Long Term Investments 6 | $0.25 |
Long Term Investments 7 | 270,500 |
Long Term Investments 8 | 68,500 |
Long Term Investments 9 | 1.68% |
Long Term Investments 10 | 42,000 |
Long Term Investments 11 | 9.82% |
Long Term Investments 12 | 8.14 |
Long Term Investments 13 | 1.68% |
Long Term Investments 14 | 42,000 |
Long Term Investments 15 | $1 |
MINERAL_PROPERTY_AND_OIL_AND_G1
MINERAL PROPERTY AND OIL AND GAS PROPERTIES (Narrative) (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
D | |
acre | |
Mineral Property And Oil And Gas Properties 1 | $7,500 |
Mineral Property And Oil And Gas Properties 2 | 100.00% |
Mineral Property And Oil And Gas Properties 3 | 1.00% |
Mineral Property And Oil And Gas Properties 4 | 2,000,000 |
Mineral Property And Oil And Gas Properties 5 | 56 |
Mineral Property And Oil And Gas Properties 6 | 1,150 |
Mineral Property And Oil And Gas Properties 7 | 591,650 |
Mineral Property And Oil And Gas Properties 8 | 1,000,000 |
Mineral Property And Oil And Gas Properties 9 | 500,000 |
Mineral Property And Oil And Gas Properties 10 | $0.15 |
Mineral Property And Oil And Gas Properties 11 | 150,000 |
Mineral Property And Oil And Gas Properties 12 | $0.10 |
Mineral Property And Oil And Gas Properties 13 | 106,863 |
Mineral Property And Oil And Gas Properties 14 | 106,863 |
Mineral Property And Oil And Gas Properties 15 | 143,680 |
Mineral Property And Oil And Gas Properties 16 | 143,680 |
Mineral Property And Oil And Gas Properties 17 | 15,000 |
Mineral Property And Oil And Gas Properties 18 | 100.00% |
Mineral Property And Oil And Gas Properties 19 | 2.50% |
Mineral Property And Oil And Gas Properties 20 | 7,148 |
Mineral Property And Oil And Gas Properties 21 | 881,000 |
Mineral Property And Oil And Gas Properties 22 | 1,000,000 |
Mineral Property And Oil And Gas Properties 23 | 124,980 |
Mineral Property And Oil And Gas Properties 24 | 84,980 |
Mineral Property And Oil And Gas Properties 25 | 100,000 |
Mineral Property And Oil And Gas Properties 26 | $0.10 |
Mineral Property And Oil And Gas Properties 27 | 100,000 |
Mineral Property And Oil And Gas Properties 28 | $0.06 |
Mineral Property And Oil And Gas Properties 29 | 13,380 |
Mineral Property And Oil And Gas Properties 30 | $140,980 |
Mineral Property And Oil And Gas Properties 31 | 100.00% |
Mineral Property And Oil And Gas Properties 32 | 75.00% |
Mineral Property And Oil And Gas Properties 33 | 100 |
Mineral Property And Oil And Gas Properties 34 | 2,924 |
Mineral Property And Oil And Gas Properties 35 | 100,000 |
Mineral Property And Oil And Gas Properties 36 | $0.04 |
Mineral Property And Oil And Gas Properties 37 | 10,000 |
Mineral Property And Oil And Gas Properties 38 | 60 |
Mineral Property And Oil And Gas Properties 39 | 20 |
Mineral Property And Oil And Gas Properties 40 | 10,000 |
Mineral Property And Oil And Gas Properties 41 | 60 |
Mineral Property And Oil And Gas Properties 42 | 30 |
Mineral Property And Oil And Gas Properties 43 | 10,000 |
Mineral Property And Oil And Gas Properties 44 | 60 |
Mineral Property And Oil And Gas Properties 45 | 40 |
Mineral Property And Oil And Gas Properties 46 | 10,000 |
Mineral Property And Oil And Gas Properties 47 | 60 |
Mineral Property And Oil And Gas Properties 48 | 100,000 |
Mineral Property And Oil And Gas Properties 49 | $0.04 |
MEDICAL_MARIJUANA_INVESTMENT_N
MEDICAL MARIJUANA INVESTMENT (Narrative) (Details) | 6 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2014 | |
USD ($) | CAD | |
D | ||
Medical Marijuana Investment 1 | 51.00% | 51.00% |
Medical Marijuana Investment 2 | 1 | 1 |
Medical Marijuana Investment 3 | 10,000,000 | 10,000,000 |
Medical Marijuana Investment 4 | 5,000,000 | 5,000,000 |
Medical Marijuana Investment 5 | 98 | 98 |
Medical Marijuana Investment 6 | $100,000 | ' |
Medical Marijuana Investment 7 | 75,000 | ' |
Medical Marijuana Investment 8 | 30.00% | 30.00% |
Medical Marijuana Investment 9 | 1,000,000 | 1,000,000 |
Medical Marijuana Investment 10 | 98 | 98 |
Medical Marijuana Investment 11 | 200,000 | ' |
Medical Marijuana Investment 12 | 1.00% | 1.00% |
Medical Marijuana Investment 13 | 1,000,000 | 1,000,000 |
Medical Marijuana Investment 14 | 98 | 98 |
Medical Marijuana Investment 15 | 200,000 | ' |
Medical Marijuana Investment 16 | 2.00% | 2.00% |
Medical Marijuana Investment 17 | 1,000,000 | 1,000,000 |
Medical Marijuana Investment 18 | 98 | 98 |
Medical Marijuana Investment 19 | 200,000 | ' |
Medical Marijuana Investment 20 | 6.00% | 6.00% |
Medical Marijuana Investment 21 | 1,000,000 | 1,000,000 |
Medical Marijuana Investment 22 | 98 | 98 |
Medical Marijuana Investment 23 | 300,000 | ' |
Medical Marijuana Investment 24 | 6.00% | 6.00% |
Medical Marijuana Investment 25 | 1,000,000 | 1,000,000 |
Medical Marijuana Investment 26 | 98 | 98 |
Medical Marijuana Investment 27 | 300,000 | ' |
Medical Marijuana Investment 28 | 6.00% | 6.00% |
Medical Marijuana Investment 29 | 51.00% | 51.00% |
Medical Marijuana Investment 30 | 375,000 | ' |
Medical Marijuana Investment 31 | 85,000 | ' |
Medical Marijuana Investment 32 | ' | 85,000 |
Medical Marijuana Investment 33 | 75.00% | 75.00% |
Medical Marijuana Investment 34 | 75.00% | 75.00% |
Medical Marijuana Investment 35 | 100,000 | ' |
Medical Marijuana Investment 36 | 49.00% | 49.00% |
Medical Marijuana Investment 37 | 10,000,000 | 10,000,000 |
Medical Marijuana Investment 38 | 500,000 | ' |
Medical Marijuana Investment 39 | 113,400 | ' |
Medical Marijuana Investment 40 | 6,400,000 | 6,400,000 |
Medical Marijuana Investment 41 | 250,000 | ' |
Medical Marijuana Investment 42 | 3,000,000 | 3,000,000 |
Medical Marijuana Investment 43 | 2.00% | 2.00% |
Medical Marijuana Investment 44 | 51.00% | 51.00% |
Medical Marijuana Investment 45 | $150,000 | ' |
Medical Marijuana Investment 46 | 3,000,000 | 3,000,000 |
Medical Marijuana Investment 47 | 9.00% | 9.00% |
Medical Marijuana Investment 48 | 60.00% | 60.00% |
Medical Marijuana Investment 49 | 60.00% | 60.00% |
Medical Marijuana Investment 50 | 15.00% | 15.00% |
Medical Marijuana Investment 51 | 3,000,000 | 3,000,000 |
Medical Marijuana Investment 52 | 3,600,000 | 3,600,000 |
Medical Marijuana Investment 53 | 10,000,000 | 10,000,000 |
Medical Marijuana Investment 54 | 1,800,000 | 1,800,000 |
Medical Marijuana Investment 55 | 1,800,000 | 1,800,000 |
Medical Marijuana Investment 56 | 15,000 | 15,000 |
SHORT_TERM_LOAN_Narrative_Deta
SHORT TERM LOAN (Narrative) (Details) | 6 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2014 | |
USD ($) | CAD | |
Short Term Loan 1 | $50,045 | ' |
Short Term Loan 2 | ' | 50,000 |
Short Term Loan 3 | 10.00% | 10.00% |
RELATED_PARTIES_TRANSACTION_Na
RELATED PARTIES TRANSACTION (Narrative) (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Related Parties Transaction 1 | $30,000 |
Related Parties Transaction 2 | 30,000 |
Related Parties Transaction 3 | 16,500 |
Related Parties Transaction 4 | 16,500 |
Related Parties Transaction 5 | $135,672 |
COMMON_STOCK_Narrative_Details
COMMON STOCK (Narrative) (Details) | 6 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2014 | |
USD ($) | CAD | |
M | ||
Common Stock 1 | 100.00% | 100.00% |
Common Stock 2 | 75.00% | 75.00% |
Common Stock 3 | 100 | 100 |
Common Stock 4 | 2,924 | 2,924 |
Common Stock 5 | 100,000 | 100,000 |
Common Stock 6 | $0.04 | ' |
Common Stock 7 | 750,000 | 750,000 |
Common Stock 8 | 0.05 | ' |
Common Stock 9 | 31,250 | ' |
Common Stock 10 | 6,250 | ' |
Common Stock 11 | 200,000 | 200,000 |
Common Stock 12 | 0.07 | ' |
Common Stock 13 | 10,000,000 | 10,000,000 |
Common Stock 14 | $0.04 | ' |
Common Stock 15 | 2,720,000 | 2,720,000 |
Common Stock 16 | ' | 0.05 |
Common Stock 17 | ' | 136,000 |
Common Stock 18 | 136,000 | ' |
Common Stock 19 | $0.10 | ' |
Common Stock 20 | 2,528,000 | 2,528,000 |
Common Stock 21 | ' | 0.05 |
Common Stock 22 | ' | 126,400 |
Common Stock 23 | 126,400 | ' |
Common Stock 24 | $0.10 | ' |
Common Stock 25 | 10,140 | ' |
Common Stock 26 | 202,800 | 202,800 |
Common Stock 27 | 0.1 | ' |
Common Stock 28 | 5,000,000 | 5,000,000 |
Common Stock 29 | $0.18 | ' |
Common Stock 30 | 250,000 | 250,000 |
Common Stock 31 | $0.15 | ' |
Common Stock 32 | 4,685 | ' |
Common Stock 33 | 32,812 | ' |
Common Stock 34 | ' | 40,500 |
Common Stock 35 | 37,500 | ' |
Common Stock 36 | 350,000 | 350,000 |
Common Stock 37 | 100,000 | 100,000 |
Common Stock 38 | 0.075 | ' |
Common Stock 39 | 150,000 | 150,000 |
Common Stock 40 | 0.1 | ' |
Common Stock 41 | 100,000 | 100,000 |
Common Stock 42 | 0.15 | ' |
Common Stock 43 | 350,000 | 350,000 |
Common Stock 44 | 4,292,000 | 4,292,000 |
Common Stock 45 | $0.10 | ' |
Common Stock 46 | 429,200 | ' |
Common Stock 47 | 0.15 | ' |
Common Stock 48 | 29,616 | ' |
Common Stock 49 | 296,160 | 296,160 |
Common Stock 50 | 0.15 | ' |
Common Stock 51 | 12,938,000 | 12,938,000 |
Common Stock 52 | $0.10 | ' |
Common Stock 53 | 1,293,800 | ' |
Common Stock 54 | 0.15 | ' |
Common Stock 55 | 30,000 | ' |
Common Stock 56 | 98,784 | ' |
Common Stock 57 | 8,000 | 8,000 |
Common Stock 58 | 800 | ' |
Common Stock 59 | 995,840 | 995,840 |
Common Stock 60 | 0.15 | ' |
Common Stock 61 | 50,000 | 50,000 |
Common Stock 62 | 0.06 | ' |
Common Stock 63 | 50,000 | 50,000 |
Common Stock 64 | 0.075 | ' |
Common Stock 65 | ' | 7,050 |
Common Stock 66 | 6,750 | ' |
Common Stock 67 | 100,000 | 100,000 |
Common Stock 68 | 541,500 | 541,500 |
Common Stock 69 | 541,500 | 541,500 |
Common Stock 70 | 101,100 | ' |
Common Stock 71 | 585,000 | 585,000 |
Common Stock 72 | 585,000 | 585,000 |
Common Stock 73 | 115,000 | ' |
Common Stock 74 | 50,000 | ' |
Common Stock 75 | 12 | 12 |
Common Stock 76 | 12,500 | ' |
Common Stock 77 | 54,347 | 54,347 |
Common Stock 78 | $0.23 | ' |
Common Stock 79 | 10,000,000 | 10,000,000 |
Common Stock 80 | $0.24 | ' |
Common Stock 81 | 6,400,000 | 6,400,000 |
Common Stock 82 | 80,731,262 | 80,731,262 |
STOCK_OPTIONS_AND_WARRANTS_Nar
STOCK OPTIONS AND WARRANTS (Narrative) (Details) | 6 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2014 | |
USD ($) | CAD | |
D | ||
Stock Options And Warrants 1 | 675,000 | 675,000 |
Stock Options And Warrants 2 | $0.06 | ' |
Stock Options And Warrants 3 | 25,000 | 25,000 |
Stock Options And Warrants 4 | 0.09 | ' |
Stock Options And Warrants 5 | 200,000 | 200,000 |
Stock Options And Warrants 6 | 0.075 | ' |
Stock Options And Warrants 7 | 100,000 | 100,000 |
Stock Options And Warrants 8 | 50,000 | 50,000 |
Stock Options And Warrants 9 | 30 | 30 |
Stock Options And Warrants 10 | 50,000 | 50,000 |
Stock Options And Warrants 11 | 60 | 60 |
Stock Options And Warrants 12 | 250,000 | 250,000 |
Stock Options And Warrants 13 | 0.16 | ' |
Stock Options And Warrants 14 | 250,000 | 250,000 |
Stock Options And Warrants 15 | 50,000 | 50,000 |
Stock Options And Warrants 16 | 0.35 | ' |
Stock Options And Warrants 17 | 25,000 | 25,000 |
Stock Options And Warrants 18 | 25,000 | 25,000 |
Stock Options And Warrants 19 | 92,029 | ' |
Stock Options And Warrants 20 | 0 | ' |
Stock Options And Warrants 21 | 2,720,000 | 2,720,000 |
Stock Options And Warrants 22 | ' | 0.05 |
Stock Options And Warrants 23 | ' | 136,000 |
Stock Options And Warrants 24 | 136,000 | ' |
Stock Options And Warrants 25 | $0.10 | ' |
Stock Options And Warrants 26 | 2,528,000 | 2,528,000 |
Stock Options And Warrants 27 | ' | 0.05 |
Stock Options And Warrants 28 | ' | 126,400 |
Stock Options And Warrants 29 | 126,400 | ' |
Stock Options And Warrants 30 | $0.10 | ' |
Stock Options And Warrants 31 | 10,140 | ' |
Stock Options And Warrants 32 | 202,800 | 202,800 |
Stock Options And Warrants 33 | 0.1 | ' |
Stock Options And Warrants 34 | 4,292,000 | 4,292,000 |
Stock Options And Warrants 35 | $0.10 | ' |
Stock Options And Warrants 36 | 429,200 | ' |
Stock Options And Warrants 37 | 0.15 | ' |
Stock Options And Warrants 38 | 29,616 | ' |
Stock Options And Warrants 39 | 296,160 | 296,160 |
Stock Options And Warrants 40 | 0.15 | ' |
Stock Options And Warrants 41 | 12,938,000 | 12,938,000 |
Stock Options And Warrants 42 | $0.10 | ' |
Stock Options And Warrants 43 | 1,293,800 | ' |
Stock Options And Warrants 44 | 0.15 | ' |
Stock Options And Warrants 45 | 30,000 | ' |
Stock Options And Warrants 46 | 98,784 | ' |
Stock Options And Warrants 47 | 8,000 | 8,000 |
Stock Options And Warrants 48 | 800 | ' |
Stock Options And Warrants 49 | 995,840 | 995,840 |
Stock Options And Warrants 50 | 0.15 | ' |
Stock Options And Warrants 51 | 541,500 | 541,500 |
Stock Options And Warrants 52 | 541,500 | 541,500 |
Stock Options And Warrants 53 | 101,100 | ' |
Stock Options And Warrants 54 | 0.2 | ' |
Stock Options And Warrants 55 | 469,500 | 469,500 |
Stock Options And Warrants 56 | 0.1 | ' |
Stock Options And Warrants 57 | 72,000 | 72,000 |
Stock Options And Warrants 58 | 585,000 | 585,000 |
Stock Options And Warrants 59 | 585,000 | 585,000 |
Stock Options And Warrants 60 | 115,000 | ' |
Stock Options And Warrants 61 | 0.2 | ' |
Stock Options And Warrants 62 | 565,000 | 565,000 |
Stock Options And Warrants 63 | $0.10 | ' |
Stock Options And Warrants 64 | 20,000 | 20,000 |
COMMITMENTS_OTHER_Narrative_De
COMMITMENTS OTHER (Narrative) (Details) | 6 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2014 | |
USD ($) | ||
M | ||
D | ||
Commitments Other 1 | 5,000 | 5,000 |
Commitments Other 2 | 6,500 | 6,500 |
Commitments Other 3 | 4,500 | 4,500 |
Commitments Other 4 | 5,500 | 5,500 |
Commitments Other 5 | 7,500 | 7,500 |
Commitments Other 6 | $5,000 | ' |
Commitments Other 7 | 200,000 | 200,000 |
Commitments Other 8 | 0.075 | ' |
Commitments Other 9 | 100,000 | 100,000 |
Commitments Other 10 | 50,000 | 50,000 |
Commitments Other 11 | 30 | 30 |
Commitments Other 12 | 50,000 | 50,000 |
Commitments Other 13 | 60 | 60 |
Commitments Other 14 | 30 | 30 |
Commitments Other 15 | 250,000 | 250,000 |
Commitments Other 16 | 40,000 | ' |
Commitments Other 17 | 90 | 90 |
Commitments Other 18 | 3,500 | ' |
Commitments Other 19 | 500 | ' |
Commitments Other 20 | 250,000 | 250,000 |
Commitments Other 21 | 0.16 | ' |
Commitments Other 22 | 250,000 | 250,000 |
Commitments Other 23 | 50,000 | ' |
Commitments Other 24 | 12 | 12 |
Commitments Other 25 | $12,500 | ' |
Commitments Other 26 | 54,347 | 54,347 |
Commitments Other 27 | $0.23 | ' |
SUBSEQUENT_EVENTS_Narrative_De
SUBSEQUENT EVENTS (Narrative) (Details) | 6 Months Ended | |
Feb. 28, 2014 | Feb. 28, 2014 | |
USD ($) | CAD | |
M | ||
D | ||
Subsequent Events 1 | 1,000,000 | 1,000,000 |
Subsequent Events 2 | 500,000 | 500,000 |
Subsequent Events 3 | 30 | 30 |
Subsequent Events 4 | 25,000 | 25,000 |
Subsequent Events 5 | $1,000 | ' |
Subsequent Events 6 | 100,000 | 100,000 |
Subsequent Events 7 | 100,000 | 100,000 |
Subsequent Events 8 | 0.68 | ' |
Subsequent Events 9 | 50,000 | 50,000 |
Subsequent Events 10 | 50,000 | 50,000 |
Subsequent Events 11 | 100,000 | 100,000 |
Subsequent Events 12 | 0.68 | ' |
Subsequent Events 13 | 50,000 | 50,000 |
Subsequent Events 14 | 50,000 | 50,000 |
Subsequent Events 15 | 200,000 | ' |
Subsequent Events 16 | 1,000,000 | 1,000,000 |
Subsequent Events 17 | $0.68 | ' |
Subsequent Events 18 | 31.00% | 31.00% |
Subsequent Events 19 | 21,735 | ' |
Subsequent Events 20 | 815,310 | 815,310 |
Subsequent Events 21 | 815,310 | 815,310 |
Subsequent Events 22 | 163,062 | ' |
Subsequent Events 23 | ' | 8,250 |
Subsequent Events 24 | 7,500 | ' |
Subsequent Events 25 | 50,000 | 50,000 |
Subsequent Events 26 | 0.15 | ' |
Subsequent Events 27 | 50,000 | 50,000 |
Subsequent Events 28 | 1,548,000 | 1,548,000 |
Subsequent Events 29 | 1,548,000 | 1,548,000 |
Subsequent Events 30 | 289,475 | ' |
Subsequent Events 31 | 67,750 | ' |
Subsequent Events 32 | 325,000 | 325,000 |
Subsequent Events 33 | 0.06 | ' |
Subsequent Events 34 | 0.25 | ' |
Subsequent Events 35 | 325,000 | 325,000 |
Subsequent Events 36 | 1,095,000 | 1,095,000 |
Subsequent Events 37 | 1,095,000 | 1,095,000 |
Subsequent Events 38 | 114,250 | ' |
Subsequent Events 39 | 2,500 | ' |
Subsequent Events 40 | 250,000 | 250,000 |
Subsequent Events 41 | 500,000 | 500,000 |
Subsequent Events 42 | 0.7 | ' |
Subsequent Events 43 | 250,000 | 250,000 |
Subsequent Events 44 | 250,000 | 250,000 |
Subsequent Events 45 | ' | 3,000 |
Subsequent Events 46 | 100,000 | 100,000 |
Subsequent Events 47 | 0.86 | ' |
Subsequent Events 48 | 90 | 90 |
Subsequent Events 49 | ' | 9,000 |
Subsequent Events 50 | 100,000 | 100,000 |
Subsequent Events 51 | 0.86 | ' |
Subsequent Events 52 | 3 | 3 |
Subsequent Events 53 | 5,000 | ' |
Subsequent Events 54 | 100,000 | 100,000 |
Subsequent Events 55 | 0.72 | ' |
Subsequent Events 56 | 100,000 | 100,000 |
Subsequent Events 57 | 1,293,500 | 1,293,500 |
Subsequent Events 58 | 1,293,500 | 1,293,500 |
Subsequent Events 59 | 177,950 | ' |
Subsequent Events 60 | 1,500 | ' |
Subsequent Events 61 | 25,000 | 25,000 |
Subsequent Events 62 | 0.06 | ' |
Subsequent Events 63 | 25,000 | 25,000 |
Subsequent Events 64 | 50,000 | 50,000 |
Subsequent Events 65 | 0.5 | ' |
Subsequent Events 66 | 50,000 | 50,000 |
Subsequent Events 67 | 51.00% | 51.00% |
Subsequent Events 68 | 49.00% | 49.00% |
Subsequent Events 69 | 51.00% | 51.00% |
Subsequent Events 70 | 49.00% | 49.00% |
Subsequent Events 71 | 10 | 10 |
Subsequent Events 72 | 45,000 | ' |
Subsequent Events 73 | 55,000 | ' |
Subsequent Events 74 | 500,000 | 500,000 |
Subsequent Events 75 | 38,297 | 38,297 |
Subsequent Events 76 | $0.47 | ' |
Schedule_of_Assets_held_for_sa
Schedule of Assets held for sale (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Assets Held For Sale Schedule Of Assets Held For Sale 1 | $0 |
Assets Held For Sale Schedule Of Assets Held For Sale 2 | 32,197 |
Assets Held For Sale Schedule Of Assets Held For Sale 3 | 0 |
Assets Held For Sale Schedule Of Assets Held For Sale 4 | $32,197 |
Schedule_of_Sharebased_Compens
Schedule of Share-based Compensation, Stock Options, Activity (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 1 | $2,455,000 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 2 | 0.15 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 3 | -150,000 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 4 | 0.18 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 5 | -450,000 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 6 | 0.1 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 7 | 1,200,000 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 8 | 0.12 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 9 | $3,055,000 |
Stock Options And Warrants Schedule Of Share-based Compensation, Stock Options, Activity 10 | 0.13 |
Schedule_of_Sharebased_Payment
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Y | |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 1 | 204.00% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 2 | 226.00% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 3 | 134.43% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 4 | 142.22% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 5 | 1.33% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 6 | 1.46% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 7 | 1.32% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 8 | 1.46% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 9 | 5 |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 10 | 5 |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 11 | 0.00% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 12 | 0.00% |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 13 | $0.05 |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 14 | 0.31 |
Stock Options And Warrants Schedule Of Share-based Payment Award, Stock Options, Valuation Assumptions 15 | $0.06 |
Disclosure_of_Sharebased_Compe
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details) (USD $) | 6 Months Ended | 12 Months Ended |
Feb. 28, 2014 | Aug. 31, 2013 | |
Y | Y | |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 1 | $0.35 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 2 | 50,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 3 | 4.94 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 4 | 0.35 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 5 | 25,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 6 | 0.35 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 7 | 0.16 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 8 | 250,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 9 | 4.87 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 10 | 0.16 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 11 | 250,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 12 | 0.16 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 13 | 0.075 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 14 | 50,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 15 | 4.84 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 16 | 0.075 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 17 | 0 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 18 | 0 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 19 | 0.06 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 20 | 625,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 21 | 4.68 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 22 | 0.06 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 23 | 625,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 24 | 0.06 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 25 | 0.09 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 26 | 25,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 27 | 4.72 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 28 | 0.09 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 29 | 25,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 30 | 0.09 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 31 | 0.1 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 32 | 300,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 33 | 0.64 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 34 | 0.1 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 35 | 400,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 36 | 0.1 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 37 | 0.1 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 38 | 400,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 39 | 0.83 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 40 | 0.1 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 41 | 450,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 42 | 0.1 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 43 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 44 | 555,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 45 | 1.96 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 46 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 47 | 655,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 48 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 49 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 50 | 150,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 51 | 2.02 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 52 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 53 | 150,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 54 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 55 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 56 | 250,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 57 | 3.05 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 58 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 59 | 250,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 60 | 0.15 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 61 | 0.2 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 62 | 100,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 63 | 1.69 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 64 | 0.2 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 65 | 150,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 66 | 0.2 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 67 | 0.25 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 68 | 300,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 69 | 2.25 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 70 | 0.25 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 71 | 300,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 72 | 0.25 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 73 | 3,055,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 74 | 2.69 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 75 | 0.13 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 76 | 2,980,000 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 77 | 0.13 | ' |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 1 | ' | 0.1 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 2 | ' | 400,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 3 | ' | 1.14 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 4 | ' | 0.1 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 5 | ' | 400,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 6 | ' | 0.1 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 7 | ' | 0.1 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 8 | ' | 450,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 9 | ' | 1.33 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 10 | ' | 0.1 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 11 | ' | 450,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 12 | ' | 0.1 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 13 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 14 | ' | 655,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 15 | ' | 2.46 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 16 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 17 | ' | 655,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 18 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 19 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 20 | ' | 150,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 21 | ' | 2.44 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 22 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 23 | ' | 150,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 24 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 25 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 26 | ' | 250,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 27 | ' | 3.55 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 28 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 29 | ' | 250,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 30 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 31 | ' | 0.18 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 32 | ' | 150,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 33 | ' | 1.98 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 34 | ' | 0.18 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 35 | ' | 150,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 36 | ' | 0.18 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 37 | ' | 0.2 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 38 | ' | 100,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 39 | ' | 1.98 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 40 | ' | 0.2 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 41 | ' | 150,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 42 | ' | 0.2 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 43 | ' | 0.25 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 44 | ' | 300,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 45 | ' | 2.76 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 46 | ' | 0.25 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 47 | ' | 300,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 48 | ' | 0.25 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 49 | ' | 2,455,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 50 | ' | 2.18 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 51 | ' | 0.15 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 52 | ' | 2,455,000 |
Stock Options And Warrants Disclosure Of Share-based Compensation Arrangements By Share-based Payment Award 53 | ' | $0.15 |
Schedule_of_Stockholders_Equit
Schedule of Stockholders' Equity Note, Warrants or Rights, Activity (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 1 | $5,429,800 |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 2 | 0.2 |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 3 | -1,126,500 |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 4 | 0.2 |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 5 | 15,357,800 |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 6 | 0.13 |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 7 | $19,661,100 |
Stock Options And Warrants Schedule Of Stockholders' Equity Note, Warrants Or Rights, Activity 8 | 0.15 |
Schedule_of_Share_Based_Paymen
Schedule of Share Based Payment Award Equity Note Warrants or Rights Valuation Assumptions (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
M | |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 1 | $1,387,200 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 2 | 0.15 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 3 | 0.2 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 4 | 12 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 5 | 660,000 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 6 | 0.1 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 7 | 0.2 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 8 | 12 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 9 | 176,000 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 10 | 0.1 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 11 | 0.2 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 12 | 12 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 13 | 1,106,500 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 14 | 0.1 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 15 | 0.2 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 16 | 12 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 17 | 1,065,600 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 18 | 0.1 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 19 | 0.2 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 20 | 12 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 21 | 2,720,000 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 22 | 0.1 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 23 | 2,638,800 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 24 | 0.1 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 25 | 2,442,160 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 26 | 0.15 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 27 | 7,464,840 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 28 | 0.15 |
Stock Options And Warrants Schedule Of Share Based Payment Award Equity Note Warrants Or Rights Valuation Assumptions 29 | $19,661,100 |
Schedule_of_Segment_Reporting_
Schedule of Segment Reporting Information, by Segment (Details) (USD $) | 6 Months Ended |
Feb. 28, 2014 | |
Segmented Information Schedule Of Segment Reporting Information, By Segment 1 | $0 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 2 | 0 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 3 | 0 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 4 | 0 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 5 | -8,982 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 6 | -463,251 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 7 | -472,213 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 8 | 1 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 9 | 4,000 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 10 | 4,107,628 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 11 | 1,070,822 |
Segmented Information Schedule Of Segment Reporting Information, By Segment 12 | $5,182,450 |