UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)       February 26, 2021

ENERTOPIA CORP.
(Exact name of registrant as specified in its charter)


Nevada

000-51866

20-1970188

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)


#18 1873 Spall Road, Kelowna, BC

V1Y 4R2

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code     250-870-2219

N/A
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Shares

ENRT

OTC Markets

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


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Item 3.02

Unregistered Sales of Equity Securities

On February 26, 2021, Enertopia Corp. ("we", "us", "our, the "Company") issued 40,000 common shares at US$$0.04 per share from the exercise of 40,000 warrants for proceeds of US$1,600 and issued 350,000 common shares at US$0.07 per share from the exercise of 350,000 stock options for proceeds of US$24,500.

On March 3, 2021, the Company issued 200,000 common shares at US$0.07 per share from the exercise of 200,000 stock options for proceeds of US$14,000.

All warrants and stock options are being exercised by third parties who are neither officers nor directors of the Company.  No commissions or placement fees have been paid relating to the funds received from these warrant and stock option exercises.

Issuance of the shares were made to three (3) non-US persons (as that term is defined in Regulation S of the Securities Act of 1933), in an offshore transaction relying on Regulation S of the Securities Act of 1933, as amended.

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.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ENERTOPIA CORP.

 
   
   

/s/ Robert McAllister

 

Robert McAllister

 

President and Director

 

March 9, 2021