Enertopia Corporation Property and Patent
Update
Kelowna, British
Columbia -- March 30, 2021 -- InvestorsHub NewsWire
-- Enertopia
Corporation ("Enertopia'' or the "Company") a
company focused on building shareholder value through a combination
of our Nevada Lithium claims and intellectual property &
patents in the green technology space, is pleased to provide the
following update.
To begin with, we
could not be happier with the level of interest and support we have
received this last year. We appreciate the many shareholder
questions and look forward to providing the public with an exciting
stream of upcoming news releases in the coming months.
While progress
has been taking longer than expected, our commitment to a green,
clean mining process continues as we finish up work on our
provisional solar energy patents. Our team has been working
diligently on this, and we expect to have a press release regarding
the update shortly, along with the release of our 2nd quarter
financials.
Lithium Processing Pilot
Plant Update
Since signing our NDA
last October to share data for an initial pilot plant, which will
showcase the possibility of building a net carbon neutral Lithium
mining operation in the Nevada desert, the company has been active
in reviewing and modifying current technologies that we believe
will help us in achieving these goals. A large part of this
is the work we have been doing on the provisional patent, and once
that update is filed, we will be able to share our
next steps along this exciting path.
"I immensely value the many
conversations with shareholders over the last few months
and look forward
to providing answers to your many questions shortly." Stated CEO
Robert McAllister "I am as enthusiastic and anxious as any
shareholder to get to the next steps moving the technology and
company forward."
Conclusion:
We continue to believe that
the Lithium hosted claystone deposits in Nevada will become major
sources of Lithium production in the 2020s while offering the USA a
secure domestic supply of battery-grade Lithium products. We are
also excited to see and witness the convergence of several
technologies that are changing the very way we produce and consume
electrical energy amidst the growing opportunities for a better
world.
The Company thanks the
shareholders for their questions. We continue to work diligently
and methodically along our path that we believe over time will
benefit all current stakeholders the most.
About
Enertopia:
A Company focused on using
modern technology on extracting lithium and verifying or sourcing
other intellectual property in the EV & green technologies to
build shareholder value.
Enertopia shares are quoted in the
United States under ticker symbol ENRT. For additional information,
please visit www.enertopia.com
or call Robert
McAllister, the President at 1-888-ENRT201.
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,
potential and financing of its mining or technology projects,
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
in the interest rates on borrowings; hedging activities; changes in
commodity prices; changes in the investments and expenditure
levels; litigation; legislation; environmental, judicial,
regulatory, political and competitive developments in areas in
which Enertopia Corporation operates. There
can be no assurance that the testing for the brine recovery system
will be effective for the recovery of Lithium and if effective will
be economic or have any positive impact on Enertopia, or that current talks with
respect to potential joint ventures or partnerships will result in
definitive agreements. There can be no assurance that patent
#6,024,086 will have a positive impact on Enertopia. There can be no assurance
that provisional patents will become patents. 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.
The OTC has not
reviewed and does not accept responsibility for the adequacy or
accuracy of this release