Enertopia Announces Proposed Financing

Core Viewpoint - Enertopia Corporation is planning a non-brokered private placement equity financing to raise USD $300,000 through the issuance of three million shares priced at USD $0.10 each, aimed at enhancing shareholder value and advancing its green technology initiatives [1][2]. Financing Details - The company intends to use the proceeds from the offering to accelerate the development of its patent and patent-pending technologies, explore other corporate opportunities, and for general corporate and working capital purposes [3]. - The offering will be conducted under specific exemptions from prospectus requirements, including the Existing Security Holder Exemption and the Investment Dealer Exemption, applicable in various Canadian provinces [4][5]. Subscription Information - Current shareholders as of April 4, 2025, can subscribe under the Existing Security Holder Exemption, with a maximum subscription limit of CDN $15,000 unless they have received investment advice from a registered dealer [6]. - Subscriptions will be accepted on a "first come, first served" basis until the maximum amount of the Existing Security Holder Exemption portion is reached [7]. Regulatory and Compliance Aspects - The company may pay broker commissions or finder's fees of up to 8% in cash, subject to regulatory approval, and the offering may close in multiple tranches [8]. - The securities issued will be subject to a hold period of four months and one day in Canada, or six months and one day for resales into the United States under Rule 144 [8]. Company Overview - Enertopia Corp. positions itself as an Energy Solutions Company focused on leveraging its intellectual property and patents in green technologies to create shareholder value [10].