Enertopia Corporation (ENRT)

downloadEnertopia Corporation is a Vancouver, Canada-based public company that cultivates, produces, and sells medical marijuana under Canada’s new Marihuana for Medical Purposes Regulations (MMPR). The company has interests in three different marijuana-growing facilities in Canada.

One of Enertopia’s operations is with the Lexaria Joint Venture in Burlington, Ontario. This joint venture with Lexaria Corp has a facility area of 75,000 square feet in total. The planned production spaces on this area could have 22-foot ceilings. Enertopia has a 51% interest in this production facility.

Another joint venture agreement is with The Green Canvas, Ltd in Regina, Saskatchewan. The Green Canvas has a growing facility scalable to 55,000 square feet. It is currently being upgraded to make a 14,000-square foot production space that would comply with MMPR standards. Enertopia could acquire up to 75% of this growing facility.

Meanwhile, the company has a joint venture with World of Marihuana Productions, Ltd, which has a production space of 2,500 square feet in Mission, BC. Enertopia can earn up to 51% net revenue interest from this facility. However, as of September 18, 2014, this joint venture is being disputed due to World of Marihuana’s alleged failure to provide financial information.

Founded in 2004, Enertopia Corporation was formerly known as Golden Aria Corporation, an oil and gas energy company. It changed to its current name in 2010.

Today, Enertopia Corp is listed in the Canadian Securities Exchange as TOP and in the US OTC market as ENRT. It has a market cap of USD 5.79 M. Key executives in the company include Robert G. McAllister, CEO, President, and Chairman; Baljinder Bhullar, CFO and Principal Accounting Officer; Thomas Ihrke, Senior VP of Business Development; Matthew Chadwick, Senior VP of Marijuana Operations; and Robert Chadwick, Advisor.


Yahoo! Finance: ENRT News

Latest Financial News for ENRT

Enertopia Provides Positive Testing Report Update 6

KELOWNA, BC / ACCESSWIRE / August 19, 2019 / Enertopia Corporation (ENRT) and (TOP.CN) (the "Company" or "Enertopia") is pleased to announce the following lithium project testing update. The Company has been and continues to run pre-strip reagent testing to control impurity levels in the Upper Oxide and Reduced drilled horizons from our Clayton Valley, Nevada project. The goal of these latest tests is to determine how various pH levels with different reagents impact the impurities in each claystone zone.

President Provides Short Term Loan

KELOWNA, BC / ACCESSWIRE / July 19, 2019 / Enertopia Corporation (ENRT) and (TOP.CN) (the "Company" or "Enertopia") reports that the President of the Company, who is also a director has provided a CDN $20,000 loan to assist the Company. The loan provides for a 10% annual interest rate and is repayable in 90 days. The Company expects the next set of its lithium solution test results to be received in early August from the 3rd party lab.

Enertopia Provides Positive Testing Results

KELOWNA, British Columbia, June 06, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE (the "Company" or "Enertopia") is pleased to announce the following lithium project testing update. The Company has been and continues to run the following series of tests, grain sizing and lithium grades per grain sizing, pre-strip reagent testing on impurity levels in the Upper Oxide and Reduced drilled horizons from our Clayton Valley, Nevada, project. The goal of these latest tests is to determine how the various pH levels with different reagents impacted the impurities in each zone to see if pre-stripping the impurities could be a viable option going forward before creating our synthetic lithium brine.

Enertopia Provides Solution Testing Progress Report # 3

KELOWNA, BC / ACCESSWIRE / May 8, 2019 / Enertopia Corporation (ENRT) and (TOP.CN) (the "Company" or "Enertopia") is pleased to announce the following lithium project and synthetic solution testing update. Since March 2019, Enertopia has been running tests to recover lithium in the most cost-effective Capex manner from synthetic brine solutions produced by leaching samples from the December 2018 drilling program from our Clayton Valley, Nevada project. The Company has been and continues to run the following series of tests, grain sizing and lithium grades per grain sizing, pre-strip reagent testing on impurity levels in the Upper Oxide and Reduced drilled horizons.

Enertopia Provides Corporate Update

KELOWNA, British Columbia, March 27, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Enertopia Corporation (ENRT) (TOP.CO) (the "Company" or "Enertopia") is pleased to announce it has closed the first tranche of CAD $143,175.99 from a Private Placement. The Company is well into its systematic and complete solution testing of the drilled lithium enriched horizons. This will enable the Company to map out the subsurface horizons as per oxide and reduced horizons and further differentiate the grade of Lithium in the synthetic solution that can be potentially recovered in a low CAPEX mining and processing scenario.