Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE is pleased to announce it has engaged Peloton AG out of Einsiedeln, Switzerland in property and project procurement.
Pelton AG’s property consultants have been reviewing and vetting South American Lithium projects and Enertopia is appreciative of the hard work the consultants have shown to date. As a result the Board of Enertopia has agreed to grant 1,500,000 options to Pelton AG at $0.07 USD that are valid for 5 years.
The options, which vest immediately, and the common shares issuable upon exercise will be subject to applicable regulatory hold periods in the United States and Canada. Also standard success finders fees approved by the CSE may be payable on properties or project financings.
“Enertopia looks forward in receiving the results of the Lithium recovery bench test analysis. We are continuing our ongoing exploration work at our three Nevada Lithium brine projects and continued due diligence in the mineral sector. Modern technology is revolutionizing ways and providing a better way to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution,” Stated President and CEO Robert McAllister
About Enertopia
Enertopia is exploring a portfolio of three prospective lithium projects in Nevada and reviewing other mineral projects, while concurrently working with water purification technology partner GWT using patent pending technology that is believed able to recover Lithium from brine solutions.
Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President at 1.250.765.6412
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