Core Insights - Enertopia Corporation has agreed to sell its West Tonopah lithium project to American Battery Technology Company for $500,000 USD, along with a refund of $5,596 USD for the property bond [2] - The decision to sell the project was based on an extensive cash flow analysis of the lithium market and input costs, allowing the company to explore other industrial or metallic mining opportunities [3] Group 1 - The sale agreement was executed on January 15, 2026, with an anticipated closing date around January 20, 2026 [2] - The company will not incur any finders fees related to this transaction [2] - CEO Robert McAllister expressed gratitude to the American Battery Technology Team for their efforts in advancing the lithium project [4] Group 2 - Enertopia defines itself as an Energy Solutions Company focused on modern technology and green technologies to enhance shareholder value [5]
Enertopia Announces Corporate Update
TMX Newsfile·2026-01-16 14:00