Enertopia Announces Close of Financing

 

BUZ INVESTORS PRESS RELEASE Close of Financing Enertopia Corporation (OTCQB: ENRT and CSE: TOP) (the “Company” or “Enertopia”) is pleased to announce it has closed the final tranche of CAD$290,160 for its Private Placement announced

BUZ INVESTORS PRESS RELEASE  Close of Financing Enertopia Corporation (OTCQB: ENRT and CSE: TOP) (the “Company” or “Enertopia”) is pleased to announce it has closed the final tranche of CAD$290,160 for its Private Placement announced on March 17, 2017. Enertopia will be issuing 3,224,000 common shares at CAD$0.09 and 3,224,000 whole warrants that expire on April 28, 2019 with an exercise price of USD $0.12 during the 24 month period.
A cash finders fee for CAD $20,736 and 230,400 full broker warrants was paid to third parties. All full broker warrants expire on April 28, 2019 with the same exercise terms as noted above.

“We are working aggressively at mapping out the next steps for Phase two bench testing with our Technology partner Genesis Water Technologies (GWT) as we focus to achieve battery grade lithium carbonate product. We expect to have news out shortly on project advancements and property updates,” stated President and CEO, Robert McAllister.



Close of Financing

READ  Greengro Technologies, Inc. GRNH to Break Ground on Second igot420 Facility
READ  MassRoots, Inc. (MSRT) Schedules Conference Call on June 29, 2017
READ  $LXRP raises US$1M from Warrant Exercise

>>>TRADE NOW <<<

The Company announces it has received $11,655 from the exercise of warrants previously granted. The warrants were exercised at US$0.07 for a total of 166,500 common shares being issued. All warrants are being exercised by third parties who are neither officers nor directors of the Company. No commissions or placement fees have been paid related to the funds received from this warrant exercise. Proceeds will be used for general corporate purposes.

Proceeds of the Private Placement will be used for continued Lithium Brine division development, general working capital and other opportunities. The Private Placement will be subject to normal regulatory approvals.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Enertopia

Enertopia is exploring a portfolio of three prospective lithium projects in Nevada and reviewing other mineral projects, while concurrently working with water purification technology partner GWT using patent pending technology that is believed able to recover Lithium from brine solutions.

Enertopias shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President, at 1.250.765.6412.

Like up on FACEBOOK

 


Ebates Coupons and Cash Back



Pharmaceuticals  stocks ( CGC)  ( JNJ ) ( MRK ) ( GSK ) ( celg )  ( gild )




OTHER RELATED STORIES 

Two Charts Show Why Aphria Top Weed Stock for 2017

5 Charts Show Marijuana Stocks Promising Investments

Maricann Group Celebrates Completion of RTO and First Day of Trading

Click here for reuse options!
Copyright 2017 Investors Buz

Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

Leave a Reply

Create Account



Log In Your Account