Past year: ▼ 82%(3.28c – 18.1c USD)
Each one in plain English, with the numbers worked through for a shareholder.
9 May 2022asset acquisition disposition▲ GoodMajor
Enertopia completed the sale of its Clayton Valley unpatented lithium claims to Cypress Development. It received the remaining US$1,050,000 (on top of the earlier US$50,000 deposit) and 3,000,000 Cypress shares.
13 Apr 2022quarterly activities report▼ Bad
Enertopia Corp. reported a quarterly net loss of $739 thousand for the period ended 2022-02-28.
3 Mar 2022capital raising announcement● Neutral
Enertopia hired geological consultant Foster Wilson to source a new acquisition opportunity, paying him 1,000,000 shares - business development for a replacement asset following the pending Clayton Valley sale.
28 Feb 2022capital raising announcement▲ GoodMajor
Enertopia signed a purchase and sale agreement to sell its Clayton Valley lithium project to Cypress Development for US$1.1 million plus 3,000,000 Cypress shares, receiving US$50,000 on signing. Closing remained subject to approvals, including a shareholder vote expected around the end of April 2022.
13 Jan 2022quarterly activities report▼ Bad
Enertopia Corp. reported a quarterly net loss of $116 thousand for the period ended 2021-11-30.
21 Dec 2021capital raising announcement● NeutralMajor
Enertopia bought further IP assets from consultant Paul Sandler and its own Chief Technical Officer Mark Snyder - a related-party purchase - issuing them 5,000,000 shares now (2,500,000 each) plus 5,000,000 more in escrow pending patent approval, the largest step yet in building out its patent portfolio.
17 Dec 2021capital raising announcement● Neutral
Enertopia extended the expiry of 1,500,000 outstanding warrants (from its January 2021 placement) by four months to May 2022, routine housekeeping suggesting the warrants hadn't yet been exercised.
10 Dec 2021capital raising announcement▲ GoodMajor
Enertopia bought further IP assets (pending patents), this time from Terry Galyon, for 1,000,000 shares issued now plus 1,000,000 escrowed pending patent approval - continuing the patent-portfolio buildout begun with Albert Clark Rich a year earlier.
8 Dec 2021director interest notice● Neutral
Enertopia Corp. President, CEO and CFO Robert Mcallister bought 250,000 shares on the open market at $0.07.
30 Aug 2021director interest notice● Neutral
Enertopia Corp. director Robert Mcallister bought 100,000 shares on the open market at $0.07.
8 July 2021quarterly activities report▼ Bad
Enertopia Corp. reported a quarterly net loss of $91 thousand for the period ended 2021-05-31.
9 June 2021director interest notice● Neutral
Enertopia Corp. director Robert Mcallister acquired 400,000 shares and disposed of 400,000 in a set of related equity transactions.
18 May 2021securities registration● Neutral
Enertopia Corp. filed the final prospectus for a registered offering.
30 Apr 2021securities registration● Neutral
Enertopia Corp. filed notice of an exempt private placement.
26 Apr 2021securities registration● Neutral
Enertopia Corp. registered a securities offering with the SEC.
14 Apr 2021quarterly activities report▼ Bad
Enertopia Corp. reported a quarterly net loss of $295 thousand for the period ended 2021-02-28.
10 Mar 2021capital raising announcement▲ Good
Enertopia raised about $40,100 as third-party warrant and option holders exercised their positions, routine working-capital cash inflow.
11 Feb 2021capital raising announcement▲ GoodMajor
Enertopia signed clean-energy consulting agreements with four consultants - Richard Smith, Paul Sandler, Bruce Schellinger and Barry Brooks - each granted 100,000 stock options at US$0.18. The agreements run for an initial 12 months.
3 Feb 2021material agreement● Neutral
Enertopia renewed its technology advisory agreement with Mark Snyder (evaluating acquisitions and managing its patent portfolio) for $30,000/year plus stock options, routine consultant housekeeping.
21 Jan 2021capital raising announcement▲ Good
Enertopia closed a $180,000 private placement (3,000,000 shares at US$0.06 with warrants at $0.09), with the stock price recovering from 2020's lows.
What it means for a shareholder
3.0m new shares at US$0.060 to raise about US$180,000. That's 2.3% dilution: every existing holder's slice gets 2.3% smaller. If you held US$1,000 of shares (16,667 at the issue price), your slice goes from 0.013% to 0.0127% of the company. To keep it you'd need 389 more shares - about US$23 at the issue price.
Create a free account to see this worked out for your own holding.
13 Jan 2021quarterly activities report● Neutral
Enertopia Corp. reported a quarterly net income of $223 thousand for the period ended 2020-11-30.
17 Dec 2020capital raising announcement▲ GoodMajor
Enertopia agreed to buy IP assets (pending patents) from Albert Clark Rich for 2,000,000 shares - 1,000,000 issued immediately and 1,000,000 held in escrow until the patents are approved - the company's first move into building a patent portfolio, a new direction beyond its Nevada lithium claims.
15 Dec 2020director interest notice● Neutral
Enertopia Corp. director Robert Mcallister bought 500,000 shares on the open market at $0.05.
13 Nov 2020capital raising announcement● Neutral
Enertopia granted a consultant 500,000 stock options at $0.05, routine equity compensation.
2 Nov 2020material agreement▲ Good
Enertopia sold a second 1% royalty on its Clayton Valley lithium claims for $250,000, bringing its 2020 non-dilutive royalty-sale financing to $450,000 total while retaining full property ownership.
14 July 2020quarterly activities report▼ Bad
Enertopia Corp. reported a quarterly net loss of $31 thousand for the period ended 2020-05-31.
9 Apr 2020quarterly activities report● Neutral
Enertopia Corp. reported a quarterly net income of $146 thousand for the period ended 2020-02-29.
27 Feb 2020capital raising announcement● Neutral
Enertopia formally appointed founder/former CTO Mark Snyder to its Technological Advisory Board and granted him 2,000,000 options at $0.02, a price reflecting how far the stock had fallen since its cannabis and vaporizer-era highs.
19 Feb 2020material agreement▲ Good
Enertopia sold a perpetual 1% royalty on its Clayton Valley, Nevada lithium claims for $200,000 - non-dilutive financing that let it keep 100% ownership of the underlying property.
15 Jan 2020quarterly activities report▼ Bad
Enertopia Corp. reported a quarterly net loss of $50 thousand for the period ended 2019-11-30.
