Enertopia Corporate Update
March 25 2014 - 8:03AM
Access Wire
VANCOUVER, BC / ACCESSWIRE / March 25, 2014 / Enertopia
Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the "Company"
or "Enertopia") is pleased to announce it continues to get strong
option and warrant conversion interest.
Enertopia is also pleased to announce that 1,095,000 warrants
have been exercised raising $114,250 and a further 325,000 options
have been exercised for $67,750 for total consideration of $182,000
in net proceeds.
"These are exciting times for Enertopia and we look forward to
further updates shortly with exceptional opportunities for our
company in the Medical Marihuana Business sector", stated
President/CEO Robert McAllister.
Any issued shares will be subject to a hold period in Canada of
four months and one day, or for any resale into the USA under Rule
144, six months and one day. Subject to certain limitations, such
securities may be resold outside the United States without
registration under the U.S. Securities Act pursuant to Regulation S
under the U.S. Securities Act. These United States resale
restrictions will be applicable to all security holders, regardless
of jurisdiction of residence.
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's shares are quoted in Canada with symbol TOP in the
United States with symbol ENRT. For additional information, please
visit www.enertopia.com or call Dale Paruk, President, Coal Harbor
Communications Ltd. at 1.604.662.4505.
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, evaluation of clean energy projects, Oil
& Gas Projects, Medical Marihuana Projects for participation
and/or financing, 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 exploration expenditure levels;
litigation; legislation; environmental, judicial, regulatory,
political and competitive developments in areas in which Enertopia
Corporation operates. 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. There is no assurance that the Company will be
successful in completing any anticipated financing and or its joint
Venture partners will receive their Health Canada license under the
new regulations or any technology will result in future sales.
The CSE has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
SOURCE: Enertopia Corporation
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