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Enertopia closes US$130,000 first tranche of financing

The firm will issue 2.6mln shares at five cents each and 2.6mln warrants that expire on November 1, 2019
Enertopia closes US$130,000 first tranche of financing
Lithium is a vital component in batteries

Enertopia Corp (CNSX:TOP, OTCMKTS: ENRT), the lithium business developer, said it had closed the  first tranche of its private placing, bringing in US$130,000.

The firm will issue 2.6mln shares at five cents each and 2.6mln warrants that expire on November 1, 2019, with an exercise price of six US cents during the 24-month period.

"We are working aggressively at mapping out the next steps for advancements in our lithium technology business," said president and chief executive Robert McAllister

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