History
Enertopia, once Golden Aria, pivoted from Saskatchewan oil to clean water, mining, cannabis and lithium, and by 2026 was building a patent portfolio while funding itself through small placements.
2007-2010: From oil and gas to clean water
The company began as Golden Aria Corp. In December 2007 it completed a share exchange to acquire Target Energy, Inc., issuing 13,810,000 shares, about 47% of the combined company. That brought two producing horizontal wells in Saskatchewan (Wordsworth and West Queensdale) and the undeveloped Coteau Lake acreage.
The oil and gas was soon sold. In August 2009 the producing assets went to Petrex Energy for $456,543. In February 2010 the company became exclusive sales representative for Global Solar Water Power Systems' solar and wind-powered water purification products in Africa, earning 5-12% commissions. In March 2010 it renamed itself Enertopia Corp. and agreed to buy up to 20% of that business, which was owned by its own Chief Technical Officer, Mark Snyder. In October 2010 the remaining Saskatchewan assets were sold to Primrose Drilling for $100,000 plus a possible royalty-based payout of up to $150,000.
2011-2013: Mining options
In 2011 Enertopia turned to gold, silver and copper exploration. A February letter of intent for New Mexico claims was backed in March by a CAD$872,900 private placement of 8,729,000 units at CAD$0.10, each with a warrant at CAD$0.20. In April it signed the definitive option with Wildhorse Copper for 56 claims, paying $58,650 and 500,000 shares upfront.
That month it also cleaned up insider debt. 0743608 BC Ltd forgave US$84,657, CAB Financial Services took 360,000 shares for its US$90,000 consulting bill, and President Robert McAllister took 100,000 shares for US$25,000 and forgave US$21,000.
In July it signed a letter of intent on the Mildred Peak property in Arizona, made definitive in October with Altar Resources for $56,000 and 100,000 shares upfront. Both mining options were abandoned in 2013. In September 2013 the company also signed an agreement with Downhole Energy LLC to share in up to 100 oil wells on Pennsylvania leases, issuing 100,000 shares. The beats show no further progress on it.
2013-2015: The cannabis detour
From November 2013 Enertopia moved into medical marijuana. It signed a letter of intent for a Mission, BC facility, formalized in January 2014 as a joint venture to acquire 51% of World of Marihuana Productions (WOM). A private placement of roughly US$1.7 million closed in February 2014, its final tranche being 12,938,000 units at US$0.10.
In February it also signed a letter of intent for up to 75% of Green Canvas, made definitive on February 28, and a binding letter of intent to acquire vaporizer developer Wisplite Technologies. With Lexaria Corp it formed a joint venture in March to share in cannabis opportunities, then signed an Ontario venture (Enertopia 51%, Lexaria 49%), definitive in May. The Burlington site won municipal zoning approval in July 2014.
The ventures then unwound. In October 2014 WOM returned 15,127,287 Enertopia shares to treasury and its nominee left the board. On June 12, 2015 Enertopia agreed to sell the Burlington interest to Shaxon Enterprises and ended the Green Canvas venture. The Shaxon sale closed on June 26.
2016-2019: Lithium
In March 2016 Enertopia signed a letter of intent to buy a nutritional supplement company for $350,000; the beats record no completion. In April it launched a lithium division with a letter of intent on 2,560 acres of Nevada placer claims, and in May it signed the definitive option, paying $19,000 and 3,500,000 shares. In August it announced assay results on its Nevada lithium properties.
In December 2016 it signed a commercialization agreement with Genesis Water Technologies for a patent-pending process to extract battery-grade lithium carbonate from brine, in exchange for a 10% net-sales royalty. The earlier placer claims option lapsed in 2017. In August 2017 it staked about 160 acres of placer and lode claims, and sixteen surface samples showed at least two potential types of lithium enrichment. In July 2018 it terminated the Genesis deal after independent testing showed the technology was not viable.
2020-2022: Patents and the Clayton Valley sale
In December 2020 Enertopia agreed to buy pending-patent assets from Albert Clark Rich for 2,000,000 shares, half held in escrow until the patents are approved. In February 2021 it signed clean-energy consulting agreements with four consultants, each granted 100,000 stock options at $0.18. In December 2021 it bought more pending patents from Terry Galyon (1,000,000 shares now, 1,000,000 escrowed). It then made a related-party purchase from consultant Paul Sandler and Mark Snyder: 5,000,000 shares now and 5,000,000 escrowed.
In February 2022 it agreed to sell the Clayton Valley claims to Cypress Development Corp, taking a $50,000 deposit. The sale closed in May 2022 for $1.05 million cash and 3 million Cypress shares.
2023-2026: A quiet record
The record is quiet after mid-2022. In April 2025 Enertopia issued a news release setting out the terms of a private placement, though the filing gave no amounts. As of that date it described itself as an energy company built on patents and pending patents in green and hydrogen technology, alongside its remaining Nevada lithium claims. The share count shown fell to 10,339,394 in 2025, which the beats do not explain.
Written from the 40 story beats below (2007 to 7 Apr 2025), which come from the company's own announcements and filings.