Enertopia Closes First Tranche of Financing
Enertopia Corporation (OTCQB: ENRT) has closed the first tranche of its Private Placement, raising USD $104,000 through the issuance of 1,040,000 common shares at USD $0.10 per share. A company Director participated by purchasing 150,000 shares for USD $15,000.
The company paid a finder's fee of USD $1,120 to third parties. The shares are subject to a four-month hold period under Canadian securities laws. Proceeds will support patent technology advancement and working capital needs.
Enertopia Corporation (OTCQB: ENRT) ha chiuso la prima tranche della sua collocazione privata, raccogliendo USD $104.000 mediante l’emissione di 1.040.000 azioni ordinarie al prezzo di USD $0,10 per azione. Un amministratore della società ha partecipato acquistando 150.000 azioni per USD $15.000.
La società ha corrisposto una commissione di segnalazione di USD $1.120 a terzi. Le azioni sono soggette a un periodo di lock-up di quattro mesi previsto dalla normativa sui valori mobiliari canadese. I proventi saranno destinati allo sviluppo della tecnologia brevettuale e al capitale circolante.
Enertopia Corporation (OTCQB: ENRT) ha cerrado el primer tramo de su colocación privada, recaudando USD $104,000 mediante la emisión de 1,040,000 acciones ordinarias a USD $0.10 por acción. Un director de la compañÃa participó comprando 150,000 acciones por USD $15,000.
La empresa pagó una comisión de intermediación de USD $1,120 a terceros. Las acciones están sujetas a un periodo de retención de cuatro meses conforme a la normativa canadiense sobre valores. Los fondos se destinarán al avance de la tecnologÃa protegida por patentes y a necesidades de capital de trabajo.
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회사ëŠ� ì �3ìžì—ê²� USD $1,120ì� 소개 수수료를 지급했습니ë‹�. 해당 주ì‹ì€ ìºë‚˜ë‹� ì¦ê¶Œë²•ì— ë”°ë¼ 4개월ì� ë³´ìœ ê¸°ê°„ì� ì ìš©ë©ë‹ˆë‹�. 조달 ìžê¸ˆì€ 특허 ê¸°ìˆ ê°œë°œ ë°� ìš´ì „ìžë³¸ì—� 사용ë� ì˜ˆì •ìž…ë‹ˆë‹�.
Enertopia Corporation (OTCQB: ENRT) a clos la première tranche de son placement privé, levant USD $104,000 par l’émission de 1,040,000 actions ordinaires au prix de USD $0.10 par action. Un administrateur de la société a participé en achetant 150,000 actions pour USD $15,000.
La société a versé des frais d’intermédiation de USD $1,120 à des tiers. Les actions sont soumises à une période de blocage de quatre mois conformément aux lois canadiennes sur les valeurs mobilières. Les fonds serviront à faire progresser la technologie brevetée et à financer le fonds de roulement.
Enertopia Corporation (OTCQB: ENRT) hat die erste Tranche ihrer Privatplatzierung abgeschlossen und USD $104.000 durch die Ausgabe von 1.040.000 Stammaktien zu USD $0,10 je Aktie erzielt. Ein Direktor des Unternehmens beteiligte sich durch den Kauf von 150.000 Aktien für USD $15.000.
Das Unternehmen zahlte Vermittlungsgebühren in Höhe von USD $1.120 an Dritte. Die Aktien unterliegen gemäß kanadischem Wertpapierrecht einer viermonatigen Haltefrist. Die Erlöse dienen der Weiterentwicklung patentierter Technologien und dem Betriebskapital.
- None.
- Share issuance at USD $0.10 may cause dilution to existing shareholders
- Additional regulatory approvals still pending for the offering
Kelowna, British Columbia--(Newsfile Corp. - August 19, 2025) - Enertopia Corporation (OTCQB: ENRT) (CSE: ENRT) ("Enertopia'' or the "Company") is pleased to announce it has closed the first tranche of USD
The Company reports one Director purchased 150,000 Shares of the above first tranche for proceeds of USD
A cash finder's fee for USD
"We are working aggressively at mapping out the next steps for advancements in patented clean energy technologies and our patent pending oxyhydrogen technology." Stated President and CEO Robert McAllister
The common shares will be subject to a four month hold period under applicable securities laws in Canada and the rules of the Canadian Securities Exchange (the "Exchange"). The Offering is subject to customary regulatory approvals, including the approval of the Exchange.
Proceeds of the Private Placement will be used for continued patent and patent pending technology advancement and general working capital. 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 Corp.
Enertopia Corp. defines itself as an Energy Solutions Company focused on modern technology through a combination of our intellectual property patents in green technologies to build shareholder value.
For further information, please contact:
Enertopia Corporation
Robert McAllister, CEO
Tel: 1-888-ENRT201
Renmark Financial Communications Inc.
Preston Conable: [email protected]
Tel: (416) 644-2020 or (212) 812-7680
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its, mining projects, 3rd party lithium technology, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. There can be no assurance that the current patented or patent pending technology being used or developed will be economic or have any positive impact on Enertopia. There can be no assurance that the financing will close and if closed will have any positive impact on Enertopia. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities.
Neither the OTC Markets and the CSE Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined, in the policies of the CSE Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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