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8-K - FORM 8-K - Enertopia Corp. | form8k.htm |
Press Release #201419 | FOR IMMEDIATE RELEASE | March 25, 2014 |
Enertopia Corporate Update
Vancouver, BC- 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
Enertopias 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.