https://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Fri, 19 Oct 2018 18:26:22 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Enertopia releases third-party lithium brine testing update ]]> https://www.proactiveinvestors.com.au/companies/news/200145/enertopia-releases-third-party-lithium-brine-testing-update-200145.html Enertopia Corp. (CNSX:TOP, OTCMKTS:ENRT) released a lithium brine testing update today for the recovery of battery-grade lithium compounds by its technology partner, Genesis Water Technologies Inc.

The finished lithium carbonate (Li2CO3) product samples were analyzed via ICP methods by independent third-party labs to test that they met required battery grade 99.5% purity levels by testing for impurities below the maximum allowed limits by weight. 

Results showed that battery grade results were not achieved via Genesis Water Technologies' single pass process system for recovery of lithium into Li2CO3.

The company said that after review the technical data from the completed test, the board of directors made a decision to provide Genesis Water Technologies with a 30-day notice of termination of the licensing agreement, which was given today. 

Enertopia's technical advisor to take lead

Enertopia's technical advisor, Dr. John Thomas, will now take the lead in ongoing design and testing in the creation of synthetic brine from enriched lithium claystone's on the companies Clayton Valley project and the subsequent conversion to battery grade Li2CO3 and/or LiOH.

"Enertopia looks forward to providing ongoing updates of our technical and project work at our 100% owned Clayton Valley, NV, lithium project. Modern technology is revolutionizing ways to mine and protect our environment," said president and chief executive officer, Robert McAllister.

"Over the past two years I have increased my share position in the Company by 1,980,000 shares and now hold 5,390,000 shares. I look forward to increasing my share ownership as I am confident we are on the right path to success."

The company said that taking back control of the design process will allow it to speed up the testing cycle at a reduced cost, noting that any proprietary design or process that might be patentable going forward will belong to Enertopia.

The firm said it is "very encouraged" by the material project developments by Cypress Development and Noram Ventures, which is adjacent to its project.

"We are further encouraged by our advances, and those of other companies as well, in the recovery of lithium from various depositional environments and its conversion to battery grade carbonate and/or hydroxide materials," it said in a statement. 

Shares of Enertopia closed at C$0.08 on Wednesday. 

]]>
Wed, 04 Jul 2018 17:26:00 +1000 https://www.proactiveinvestors.com.au/companies/news/200145/enertopia-releases-third-party-lithium-brine-testing-update-200145.html
<![CDATA[Media files - Enertopia expects lithium brine results by end of June ]]> https://www.proactiveinvestors.com.au/companies/stocktube/9597/enertopia-expects-lithium-brine-results-by-end-of-june-9597.html Fri, 15 Jun 2018 10:00:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/9597/enertopia-expects-lithium-brine-results-by-end-of-june-9597.html <![CDATA[News - Enertopia says lithium-ion battery will spark fundamental change as it updates on Clayton Valley work ]]> https://www.proactiveinvestors.com.au/companies/news/198617/enertopia-says-lithium-ion-battery-will-spark-fundamental-change-as-it-updates-on-clayton-valley-work-198617.html Enertopia Corp (CSE:TOP, OTCQB:ENRT) says the lithium-ion battery is set to transform the growing mobile world from electric vehicles to cell phones, as it provided investors with the latest update on its brine testing and work at the Clayton Valley project in Nevada.

The firm's engineering partner Genesis Technologies has been performing various extraction tests using synthetic brines created from samples at Clayton Valley.

READ: Enertopia engages Toronto’s FronTier Flex Marketing for marketing services

As reported previously, all product assays are expected to be received from the lab by the end of this month (June), while Enertopia continues to prepare for its first drill programme.

"The company continues to work aggressively to unlock the value of the lithium-bearing sediments at and near the surface at the Clayton Valley lithium project," the firm said on Monday.

"Recently, Cypress Development released a 43-101 technical report indicating that they had outlined a large, multi-million-tonne Li2CO3 resource in similar sediments adjacent to our western project boundary. We believe this is a strong indication that there is resource potential on our project as well," it noted.

"Noram Ventures, whose property is adjacent to our eastern property boundary, announced that they had started drilling to expand upon their 43-101 Li2CO3 resource in sediments as well. We are currently compiling data for our first drill programme as this will be necessary for selecting the location of source rock for our proposed pilot plant."

Last month, the International Energy Agency (IEA) estimated that by 2030, there will be 125mln electric vehicles on the road (from 3mln now) with the upside potential of 220mln electric vehicles on the road by 2030.

"One thing that the market has not looked at from the demand side will be the growing demand for replacement Li-Ion batteries five to seven years after original purchase," noted Enertopia, which added that cell phones, wearables, EV's, and Li-Ion batteries were making lives more connected than ever before.

Chief executive Robert McAllister said: "Enertopia looks forward to providing updates in the coming weeks as to the results of the bench test analysis and our ongoing project work at our 100% owned Clayton Valley, NV, Lithium project, as well as continuing due diligence in the technology and mineral sectors.

"Modern technology is revolutionizing ways to mine and protect our environment. We are enthusiastic about becoming leaders in this evolution," he added.

Enertopia shares added 0.85% to US$0.065 in New York.

]]>
Mon, 11 Jun 2018 08:52:00 +1000 https://www.proactiveinvestors.com.au/companies/news/198617/enertopia-says-lithium-ion-battery-will-spark-fundamental-change-as-it-updates-on-clayton-valley-work-198617.html
<![CDATA[News - Enertopia shares higher as it awaits lab assays from lithium brine testing ]]> https://www.proactiveinvestors.com.au/companies/news/198193/enertopia-shares-higher-as-it-awaits-lab-assays-from-lithium-brine-testing-198193.html Enertopia Corp (CSE:TOP, OTCQB:ENRT) updated on the lithium brine testing from samples taken from its Clayton Valley project in Nevada, saying it expected all product assays by the end of this month (June), sending shares higher.

Engineering partner Genesis Technologies has been performing various extraction tests using synthetic brines created from samples from the project.

"Enertopia looks forward to providing updates in the coming weeks as to the results of the bench test analysis and our ongoing project work at our 100% owned Clayton Valley, NV, Lithium project, as well as continuing due diligence in the technology and mineral sectors," said the chief executive at Enertopia Robert McAllister.

"Modern technology is revolutionizing ways to mine and protect our environment. We are enthusiastic about becoming leaders in this evolution," he added.

Enertopia told investors Monday that the final test samples were shipped by courier on 1 June 2018, to the respective third party labs.

"The company anticipates being in receipt of all the processed synthetic lithium brine and the dried Li2CO3 product assays by the end of June."

The firm added it was currently compiling data for its first drill programme as this will be necessary for selecting the location of source rock for its proposed pilot plant.

"Other preliminary work includes the review of onsite or offsite processing of the material for the pilot plant and pilot plant location. Due to the excellent infrastructure in the area, the company has several options that are currently being explored.

"The company is pleased to announce it has made all BLM claim payments with respect to the Companies placer and load claims at Clayton, Valley Nevada for the 2019 fiscal year starting September 1st, 2018," it added.

Enertopia shares in Toronto advanced over 7% to C$0.075 in early deals.

]]>
Mon, 04 Jun 2018 08:43:00 +1000 https://www.proactiveinvestors.com.au/companies/news/198193/enertopia-shares-higher-as-it-awaits-lab-assays-from-lithium-brine-testing-198193.html
<![CDATA[News - Enertopia engages Toronto’s FronTier Flex Marketing for marketing services ]]> https://www.proactiveinvestors.com.au/companies/news/197770/enertopia-engages-torontos-frontier-flex-marketing-for-marketing-services-197770.html Enertopia Corporation (CSE:TOP) announced today that it has engaged Toronto investor relations group, FronTier Flex Marketing for a range of services, including communication and marketing initiatives. This will include facilitating in-person introductions with institutional and retail brokers and other financial capitals, and media distribution on national television, radio and online channels.

Under the terms of the agreement, FronTier has been retained for a nine-month period for C$66,000. The company will also grant an option to purchase 300,000 shares to FronTier and an option to purchase 250,000 shares to a consultant of the company at an exercise price of US$0.07, which expires five years from the date of grant.

"Enertopia looks forward to our working relationship with FronTier in creating awareness for our Clayton Valley lithium project, which implements a modern technology to create a better way to mine and protect our environment,” said president and chief executive officer Robert McAllister. “We are enthusiastic in becoming the leaders in this mining method."

]]>
Mon, 28 May 2018 16:14:00 +1000 https://www.proactiveinvestors.com.au/companies/news/197770/enertopia-engages-torontos-frontier-flex-marketing-for-marketing-services-197770.html
<![CDATA[News - Enertopia shares gain ground as it reveals more progress on partner's lithium brine testing ]]> https://www.proactiveinvestors.com.au/companies/news/197030/enertopia-shares-gain-ground-as-it-reveals-more-progress-on-partner-s-lithium-brine-testing-197030.html Enertopia Corp (CNSX:TOP) shares jumped as it revealed further progress on the lithium brine testing from samples taken from its Clayton Valley project in Nevada.

The group's partner Genesis Technologies has been performing various extraction tests using synthetic brines created from samples from the project.

The last lithium carbonate test run using lithium source rock is now on schedule to be completed and shipped not later than May 31 this year.

The third party independent labs have indicated that the turnaround time is currently estimated to be between 21 and 28 days due to industry backlog in sampling.

The finished lithium carbonate product will be first analysed to test that it meets the required Industrial grade 99% or battery grade 99.5% purity and keeping below the maximum allowed impurities by weight.

"Genesis Water Technologies looks forward to the 3rd party assay results from the synthetic brine samples and our Genesis Water Enerlet Lithium recovery process," said Genesis technical manager Nick Nicholas.

"We are enthusiastic to be on the cutting edge of advancements in lithium extraction to provide battery grade lithium to industry,"

"Enertopia looks forward to providing updates in the coming weeks as to the results of the bench test analysis and our ongoing project work at our 100% owned Clayton Valley, NV, Lithium project, as well as continuing due diligence in the technology and mineral sectors.

"Modern technology is revolutionising ways to mine and protect our environment. We are enthusiastic about becoming leaders in this evolution," added president and chief executive Robert McAllister.

At Clayton Valley itself, the group said it was currently compiling data for a first drill program in a bid to target the location of source rock for the proposed pilot plant.

Other preliminary work includes the review of onsite or offsite processing for material for the pilot plant.

Due to the excellent infrastructure in the area, the company has several options that are currently being explored.

Enertopia shares added 10.62% to US$0.058 in Toronto.

]]>
Tue, 15 May 2018 11:50:00 +1000 https://www.proactiveinvestors.com.au/companies/news/197030/enertopia-shares-gain-ground-as-it-reveals-more-progress-on-partner-s-lithium-brine-testing-197030.html
<![CDATA[News - Enertopia closes first tranche of its private placement, raising C$104,814 ]]> https://www.proactiveinvestors.com.au/companies/news/196853/enertopia-closes-first-tranche-of-its-private-placement-raising-c104814-196853.html Enertopia Corp (CNSX:TOP, OTCMKTS:ENRT) has closed the first tranche of its private placement, raising C$104,814.

Enertopia will be issuing 1.75mln shares at six cents per share and 1,746,900 whole warrants that expire on May 11, 2020, with an exercise price of 7.5 US cents during the 24-month period.

READ Enertopia Corp arranges C$360,000 placing​​

The company also reported one director purchased 200,000 units of the above private placement and exercised 200,000 options for proceeds of US$12,000 to Enertopia.

]]>
Fri, 11 May 2018 09:22:00 +1000 https://www.proactiveinvestors.com.au/companies/news/196853/enertopia-closes-first-tranche-of-its-private-placement-raising-c104814-196853.html
<![CDATA[News - Enertopia still expecting third party lab results for synthetic brines by the end of May ]]> https://www.proactiveinvestors.com.au/companies/news/195688/enertopia-still-expecting-third-party-lab-results-for-synthetic-brines-by-the-end-of-may-195688.html Enertopia Corp (CNSX:TOP) said its partner Genesis Water Technologies has been performing system optimization tests on the various created synthetic brines over the last month.

All components during the optimization phase of testing have performed as expected.

READ: Enertopia set for bench-scale testing using lithium samples from Clayton Valley​

Genesis (GWT) has been varying the amounts of source rock used in various solution makeups. These variables included rock-to-liquid ratios, source rock leach times and varying pH levels; pH levels refer to the amount of hydrogen ion concentration in a solution.

The created leach brine solutions will be tested independently in each of the process steps of the GWT Enerlet lithium recovery process.

Upon optimization of each process step, the created leach brine solutions will be processed through the entire GWT Enerlet process completely, Enertopia said. The finished lithium carbonate product will be dried and analyzed to meet the required battery grade purity.

Over the next several weeks, solutions will be run through the optimized process for final testing of lithium brine solutions and lithium carbonate finished product.

Testing to date has been on time and on budget, Enertopia said, and based on the remaining test time required and subsequent time for the independent third party labs to perform their testing analysis it is still expecting to have final third-party lab results by the end of May.

Meanwhile, Enertopia is still beavering away to unlock the value of the lithium-bearing rock at and near the surface at the Clayton Valley lithium project in the uplifted block along the eastern flank of Clayton Valley, Nevada.

It is currently compiling data for its first drill program. Other preliminary work includes the review of on-site or off-site processing of the material for the pilot plant and pilot plant location. Due to the excellent infrastructure in the area, the company has several options that are currently being explored, it said.

]]>
Tue, 24 Apr 2018 10:50:00 +1000 https://www.proactiveinvestors.com.au/companies/news/195688/enertopia-still-expecting-third-party-lab-results-for-synthetic-brines-by-the-end-of-may-195688.html
<![CDATA[News - Enertopia Corp arranges C$360,000 placing ]]> https://www.proactiveinvestors.com.au/companies/news/195085/enertopia-corp-arranges-c360000-placing-195085.html Enertopia Corp (CNSX:TOP) announced it has arranged a private placing to raise up to C$360,000.

The firm said it intended to use the cash for the continued development of the lithium brine recovery technology, optimization plans for the permitting and development of the company's Clayton Valley lithium project, and for general corporate and working capital purposes.

It will issue 6mln equity units priced at six cents a throw.

Each equity unit consists of one share and one non-transferable share purchase warrant, the latter entitling the holder to buy one further share for 24 months at 7.5 US cents.

In March, the group said it was set for more lithium recovery tests as it revealed partner Genesis Water Technologies Inc (GWT)  will complete the bench scale build.

Pre-testing with synthetic Li (lithium) brine solutions will begin the following week and testing will continue until the end of May.

Final third-party lab results are currently expected by the end of May.

The synthetic Li brine samples will be made from Li enriched surface samples from Enertopia's Clayton Valley project.

]]>
Mon, 16 Apr 2018 15:28:00 +1000 https://www.proactiveinvestors.com.au/companies/news/195085/enertopia-corp-arranges-c360000-placing-195085.html
<![CDATA[News - Enertopia set for bench-scale testing using lithium samples from Clayton Valley ]]> https://www.proactiveinvestors.com.au/companies/news/192453/enertopia-set-for-bench-scale-testing-using-lithium-samples-from-clayton-valley-192453.html Enertopia Corp (CNSX:TOP, OTCQB:ENR) is set for more lithium recovery tests as it revealed partner Genesis Water Technologies Inc (GWT)  will complete the bench scale build will be completed next week (March 4 to 11).

Pre-testing with synthetic Li (lithium) brine solutions will begin the following week and testing will continue until the end of May.

READ - Enertopia lauds further improvements in lithium extraction process

Final third party lab results are currently expected by the end of May.

The synthetic Li brine samples will be made from Li enriched surface samples from Enertopia's Clayton Valley project.

"Enertopia looks forward to providing updates as to the results of the bench test analysis and our ongoing project work at our 100% owned Clayton Valley, NV, Lithium project, as well as continuing due diligence in the technology and mineral sectors," said president and chief executive Robert McAllister.

"Modern technology is revolutionizing ways to mine and protect our environment. We are enthusiastic about becoming leaders in this evolution."

While the  tests are ongoing, GWT and Enertopia are already mapping out the next steps,  reviewing the planned pilot plant and ways to potentially lower the capex and electrical consumption based on positive data received so far from third party lab analysis, the group added.

READ - Enertopia says lab testing is now using more concentrated samples of source rock

Technical manager Nick Nicholas said: "Genesis Water Technologies looks forward to the continued optimisation of the leach process of the synthetic brine sample and our GWT Enerlet Lithium recovery process.

"We are enthusiastic to be on the cutting edge of advancements in lithium extraction to provide battery grade lithium to industry."

Third party lab testing has already revealed that by using a high pH of 11.0 or a low pH of 2.0 allows for 47.75% in the case of pH 11.0 to 50.56% in the case of pH 2.0 of the lithium in solution to be recovered.

 However, using solution with the higher PH means a significant drop in the levels of contaminant minerals that need to be removed in order to obtain the key battery grade lithium.

The technology for lithium batteries, EV’s, Autonomous vehicles and other associated technologies continues to converge and strengthen.

Shares added 8.47% to C$0.064.

]]>
Thu, 01 Mar 2018 09:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/192453/enertopia-set-for-bench-scale-testing-using-lithium-samples-from-clayton-valley-192453.html
<![CDATA[News - Enertopia lauds further improvements in lithium extraction process ]]> https://www.proactiveinvestors.com.au/companies/news/191523/enertopia-lauds-further-improvements-in-lithium-extraction-process-191523.html Enertopia Corp (CNSX:TOP) has reported further progress on the process of removing magnesium from lithium brine.

The company announced a synthetic brine testing update for the recovery of lithium and, ultimately, the upgrading of its lithium to battery grade lithium carbonate (Li2CO3).

READ: Enertopia enthused as 99.99% of magnesium is left behind in lithium host rock in Clayton Valley tests

The goals of this project are to test, in a precise manner, the effect of higher solution temperature with a constant pH - the negative log of hydrogen ion concentration in a water-based solution - of 11.0 in leach solutions used to create synthetic brines by the dissolution of lithium (Li) from source rock from the company's Clayton Valley project in Nevada.

The latest synthetic lithium brines were created by leaching one part lithium-bearing source rock (200 grams) to three parts solution (600 milligrams/lithium) at a temperature of 80 degrees Celsius.

The pH of the leach solution was adjusted to 11.0 using sodium hydroxide (NaOH). The synthetic brine was produced by allowing the solution to leach Li and other elements from the source rock over a period of two hours. At the conclusion of the two hour period, the synthetic brine was produced by removing insoluble residue from the solution by filtration. The resulting brine was then submitted for testing.

The data currently being compiled from this and previous tests will be used to create various synthetic lithium brines as part of the upcoming bench testing through the GWT ENERLET lithium extraction system.

Synthetic lithium brine solution produced from leaching of bulk sample GWT002 by alkaline leaching (with a pH of 11) at 80 degrees Celsius for two hours, returned the highest Lithium with the lowest magnesium (Mg) results from the synthetic lithium brine solution, Enertopia highlighted.

Lithium values averaged 225 parts per million (ppm) and only 0.085 ppm Mg in solution were found in synthetic lithium brine produced by alkaline leach from bulk sample GWT-002. For comparison, the disclosed inferred brine resource of one of the properties in Clayton Valley, has an average lithium grade of 123 ppm and over 200 ppm magnesium, requiring additional cost to separate magnesium and thus produce an acceptable lithium carbonate product.

Enertiopia said its updated synthetic lithium brine test, produced by alkaline leach of its source rock, returned values 82.9% higher in lithium and contains less than 1/2,300 Mg based on a comparison. The above-average lithium values of 225 ppm are also more than the current reported producing brines from the only lithium producing brine operation in the United States today, the company added.

Lithium in solution was computed to be over 50% of lithium in the source rock. While this is a 20% increase from Enertopia's earlier test numbers it is targeting a further increase in the lithium-in-solution grade, using a more concentrated solution or industry standard separation technologies, or both.

Enertopia continues to work vigorously on unlocking the value of the lithium-bearing rock at the surface along the uplifted block along the eastern flank at Clayton Valley.

Further testing of lithium source rock and pH controlled liquid ratios will continue in combination with testing of other separation methods that will be ongoing over the first quarter of 2018.

"Modern technology is revolutionizing ways to mine and protect our environment. We are enthusiastic about becoming leaders in this evolution," said the president and chief executive officer, Robert McAllister.

]]>
Mon, 12 Feb 2018 10:52:00 +1100 https://www.proactiveinvestors.com.au/companies/news/191523/enertopia-lauds-further-improvements-in-lithium-extraction-process-191523.html
<![CDATA[News - Enertopia says lab testing is now using more concentrated samples of source rock ]]> https://www.proactiveinvestors.com.au/companies/news/191086/enertopia-says-lab-testing-is-now-using-more-concentrated-samples-of-source-rock-191086.html Third-party lab testing of bulk samples from Enertopia Corp's (CNSX:TOP) Clayton Valley lithium project in Nevada continues to advance.

ALS Labs has received new synthetic lithium brines using a more concentrated ratio of one gram (1g) source rock and 3g solution with a pH (hydrogen potential) of 11.

In addition, the temperature of the solution had been raised to 80 degrees Celsius during the two hour testing period.

Enertopia's first synthetic brines were composed of 1g source rock to a 4g solution with a pH of 11 at room temperature.

The company continues to work vigorously at unlocking the value of the oxidised lithium bearing rock at the surface along the uplifted block along the eastern flank at Clayton Valley.

Further testing of lithium source rock and pH controlled liquid ratios will continue along with, and in combination with, testing of other separation methods that will continue over the first quarter of 2018. Assay results from the above synthetic brines are expected shortly.

"We are working to inform the marketplace about our recent news and next steps for advancements in the ENERLET lithium extraction technology process," said Robert McAllister, the president and chief executive officer of Enertopia. 

]]>
Fri, 02 Feb 2018 09:35:00 +1100 https://www.proactiveinvestors.com.au/companies/news/191086/enertopia-says-lab-testing-is-now-using-more-concentrated-samples-of-source-rock-191086.html
<![CDATA[Media files - Enertopia excited about progress as it continues quest towards producing battery grade lithium ]]> https://www.proactiveinvestors.com.au/companies/stocktube/8613/enertopia-excited-about-progress-as-it-continues-quest-towards-producing-battery-grade-lithium-8613.html Fri, 12 Jan 2018 12:39:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/8613/enertopia-excited-about-progress-as-it-continues-quest-towards-producing-battery-grade-lithium-8613.html <![CDATA[News - Enertopia enthused as 99.99% of magnesium is left behind in lithium host rock in Clayton Valley tests ]]> https://www.proactiveinvestors.com.au/companies/news/189968/enertopia-enthused-as-9999-of-magnesium-is-left-behind-in-lithium-host-rock-in-clayton-valley-tests-189968.html Enertopia Corp (CNSX:TOP) has been encouraged by third-party lab testing of bulk samples from its Clayton Valley lithium project.

The goals of this project were to test, in a precise manner, the effect of varying pH - the negative log of hydrogen ion concentration in a water-based solution - in leach solutions used to create synthetic brines by dissolution of lithium from source rock from the company's Clayton Valley project in Nevada.

Testing was done by Genesis Water Technologies (GWT), a leader in specialized water treatment solutions, on two bulk samples: GWT-001 and GWT-002.

“The best values were created from our second sample, GWT-002,” Robert McAllister, the chief executive officer of Enertopia, told Proactive Investors.

Lithium values of 170 parts per million (ppm) and only three ppm magnesium (Mg) in solution were found in synthetic lithium brine produced by alkaline leach from bulk sample GWT-002.

“Most brines being produced today have magnesium to lithium ratios of one-and-a-half to two-and-a-half,” McAllister said.

Enertopia's ratio was 0.017 to one part lithium. The significance of this is that 99.99% of magnesium has been eliminated from the source rock.

McAllister explained that the more magnesium that can be removed from the brines before they are put through the processing, the higher the probability of having higher grade lithium.

An overview of third-party laboratory results from the synthetic brine sample results are outlined below:

 

Bulk Sample #

pH 2.0

      pH 5.5

pH 11.0

Mg/Li Ratio 

GWT-001

 

 

 

 

Li in head grade ppm

1,040

1,040

1,040

 

Li in Solution mg/l

30

20

20

 

Mg in head grade ppm

25,950

25,950

25,950

 

Mg in solution mg/l

307

40

3

0.15/1

GWT-002

 

 

 

Mg / Li

Li in head grade ppm

1,780

1,780

1,780

 

Li in Solution mg/l

170

170

170

 

Mg in head grade ppm

21,400

21,400

21,400

 

Mg in solution mg/l

228

55

3

0.017/1

Enertopia continues to work assiduously at unlocking the value of the lithium-bearing rock at the surface along the uplifted block along the eastern flank at Clayton Valley. Further testing of lithium source rock and pH controlled liquid ratios will continue along with, and in combination with, testing of other separation methods that will be ongoing over the first quarter of 2018.

The bench test prototype build has started and is on track to be completed in February.

"Enertopia looks forward to providing updates as to the results of the bench test analysis and our ongoing project work at our 100%-owned Clayton Valley, NV, lithium project, as well as continuing due diligence in the technology and mineral sectors,” McAllister told investors.

“Modern technology is revolutionizing ways to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution," he added.

Separately, the company is announced it had closed the final tranche of its private placement announced back in October, raising a further C$80,550.

One Enertopia director purchased 200,000 units of the above second tranche at a cost of C$10,000.

--- adds details of fund-raising and table of lab test results ---

]]>
Fri, 12 Jan 2018 10:19:00 +1100 https://www.proactiveinvestors.com.au/companies/news/189968/enertopia-enthused-as-9999-of-magnesium-is-left-behind-in-lithium-host-rock-in-clayton-valley-tests-189968.html
<![CDATA[News - Enertopia excited about progress as it continues quest towards producing battery grade lithium ]]> https://www.proactiveinvestors.com.au/companies/news/189031/enertopia-excited-about-progress-as-it-continues-quest-towards-producing-battery-grade-lithium-189031.html Lithium focused Enertopia Corp (CNSX:TOP, OTCMKTS: ENRT) says it's excited about the progress made in 2017 as it outlined a timeline of key steps in 2018.

It was 18 months ago that the firm began research efforts to recover battery grade lithium via advanced technologies in renewable energy, water filtration, and associated technologies..

Engineering partner Genesis Water Technologies (GWT), since September, has been assessing data obtained from the first bench test results.

A second phase  $200,000 pre-paid bench test has now completed the technical design phase with over 1,500 hours of team efforts.

This second phase test will use synthetic brine solutions created from the surface samples from the two bulk samples taken at Enertopia's Clayton Valley project in Nevada - a lithium mining hotspot.

When all labs results have been received Enertopia will provide an update.

The estimated timeline of next steps is:

January - Bench test build out

February - Preparation of synthetic brines

March - April - Bench testing of synthetic lithium brines

May - Final laboratory lithium recovery and Li2CO3 grade results

Enertopia's chief executive Robert McAllister said: "We are excited about the progress made in 2017 and look forward to achieving our primary focus of perfecting technologies to produce battery-grade Lithium Carbonate."

Over the past year, the firm noted, the technology for lithium batteries, EV’s, Autonomous vehicles and other associated technologies continue to converge and strengthen.

In November, automobile giant General Motors said that by the end of 2019 it will be mass-producing fully autonomous electric cars.

This year, Grandview Research Inc said they expect the lithium Ion market to reach US$93.1 billion by 2025, growing at a CAGR (compound annual growth rate) of 17%.

For comparison last year, the lithium Ion market had sales of US$22.8bn.

]]>
Tue, 19 Dec 2017 09:32:00 +1100 https://www.proactiveinvestors.com.au/companies/news/189031/enertopia-excited-about-progress-as-it-continues-quest-towards-producing-battery-grade-lithium-189031.html
<![CDATA[News - Enertopia closes second tranche of private placement ]]> https://www.proactiveinvestors.com.au/companies/news/188531/enertopia-closes-second-tranche-of-private-placement-188531.html Enertopia Corporation (CNSX:TOP) has closed the second tranche of its private placement announced in late October, raising C$197,700.

As a result, Enertopia will be issuing 3.95mln common shares 3.95mln warrants.

The company also reported that one director purchased 400,000 units of the above second tranche at a cost of C$20,000 and also exercised 240,000 options for proceeds of US$12,000 to the company.

“We are working aggressively at mapping out the next steps for advancements in our lithium technology business and will provide a full update shortly,” said the president and chief executive officer of Enertopia, Robert McAllister. 

]]>
Fri, 08 Dec 2017 13:28:00 +1100 https://www.proactiveinvestors.com.au/companies/news/188531/enertopia-closes-second-tranche-of-private-placement-188531.html
<![CDATA[News - Enertopia closes US$130,000 first tranche of financing ]]> https://www.proactiveinvestors.com.au/companies/news/186605/enertopia-closes-us130000-first-tranche-of-financing-186605.html 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

]]>
Wed, 01 Nov 2017 18:14:00 +1100 https://www.proactiveinvestors.com.au/companies/news/186605/enertopia-closes-us130000-first-tranche-of-financing-186605.html
<![CDATA[News - Enertopia Corp's partner GWT upbeat on potential of lithium recovery tests ]]> https://www.proactiveinvestors.com.au/companies/news/186214/enertopia-corp-s-partner-gwt-upbeat-on-potential-of-lithium-recovery-tests-186214.html Enertopia Corp (CNSX:TOP, OTCMKTS: ENRT) is making strides in its bid to be a leading player in the evolution of lithium mining.

The firm revealed that partner Genesis Water Technologies Inc (GWT) was seeing promising results from its larger second phase bench testing to recover lithium.

High recovery numbers..

The feedstock used in the tests comes from the group's Clayton valley project in Nevada and has already shown remarkably high lithium recovery numbers in initial tests, the group pointed out.

More than 95% of the lithium contained was taken into solution using weak acid solution and up to 75% using only deionized water.

One of the key points from early sample results using just deionized water was that both magnesium and iron were left behind.

This created a high lithium brine of 596 parts per million (ppm) with a very low magnesium content of 22 ppm and iron content of 16 ppm.

Notably, most producing lithium brines have ratios of 1.6 to 6 parts magnesium to lithium, so this lithium content ratio is high - at 27 ppm of lithium to every 1 ppm of magnesium.

WATCH - Enertopia's Robert McAllister illustrates process of dissolving rocks to extract Lithium

Next month (November), GWT will start initial testing of leach samples to determine yield into leach solutions.

''Genesis Water Technologies looks forward to promising results from this phase of testing analysis and anticipates that achievement of the goal of obtaining battery-grade lithium with high recovery yield will prove economically viable," said Nick Nicholas of GWT.

"At Genesis Water Technologies, we utilize innovation in water. We are excited to partner with Enertopia to become leaders in the lithium evolution."

Enertopia said it was looking forward to the results from the continuing testing program being done by GWT.

One of the main features using modern technology is that Enertopia would not require pumping of any groundwater from Clayton Valley.

A lithium hotspot

In August, the firm said it had acquired claims in the lithium hotspot - Clayton Valley, Nevada.

Significantly, work there had shown the high solubility of the contained lithium, meaning it should be possible to create a brine suitable for extracting lithium using GWT' patent pending extraction technology.

"The company is extremely pleased with this project as it exceeds all the internal parameters that the company had set out to achieve (high lithium values at surface, excellent road and access to power)," president of Enertopia, Robert McAllister, told investors.

But why lithium...?

The price of lithium has risen 18% this year compared to 2016, and more than doubled since  2013, and there are reportedly more rises to come.

Once known perhaps only  as a treatment for psychiatric disorders, the white metal is becoming increasingly known around the globe for its use in lithium-ion batteries, used in everyday objects such as mobile phones.

But the real driver (pardon the pun) is electric vehicles (EVs) and cars. A vital component in these vehicles are powerful batteries, made from, among other things, lithium.

The massive increase in demand for electric vehicles is creating a significant potential for  a shortfall in the commodity in the very near future, reckon experts, and similarly raising the profile and outlook for many lithium focused companies.

Shares in New York added 11.08% to US$0.044.

]]>
Wed, 25 Oct 2017 11:48:00 +1100 https://www.proactiveinvestors.com.au/companies/news/186214/enertopia-corp-s-partner-gwt-upbeat-on-potential-of-lithium-recovery-tests-186214.html
<![CDATA[Media files - Enertopia's Robert McAllister illustrates process of dissolving rocks to extract Lithium ]]> https://www.proactiveinvestors.com.au/companies/stocktube/8263/enertopia-s-robert-mcallister-illustrates-process-of-dissolving-rocks-to-extract-lithium-8263.html Thu, 19 Oct 2017 12:27:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/8263/enertopia-s-robert-mcallister-illustrates-process-of-dissolving-rocks-to-extract-lithium-8263.html <![CDATA[News - Enertopia's partner GWT wins prestigious water award for second year in row ]]> https://www.proactiveinvestors.com.au/companies/news/184936/enertopia-s-partner-gwt-wins-prestigious-water-award-for-second-year-in-row-184936.html Enertopia Corp (CNSX:TOP) says partner Genesis Water Technologies Inc has won the prestigious Water & Waste Digest`s top industrial water project award for the second year in a row.

GWT was chosen for its work on a wastewater project to remove toxic phenolic compounds among other contaminants in a petrochemical facility in Egypt.

“We are honoured to be recognized for this award," said Nick Nicholas, the technical manager for Genesis Water Technologies.

“We are excited to be partnering with Genesis Water Technologies in our lithium projects in Nevada, and I congratulate them on this important achievement," added Robert McAllister, chief executive of Enertopia.

The award is being presented today at the Water Environment Federation Technology Conference (WEFTEC) being held in Chicago.

]]>
Mon, 02 Oct 2017 14:02:00 +1100 https://www.proactiveinvestors.com.au/companies/news/184936/enertopia-s-partner-gwt-wins-prestigious-water-award-for-second-year-in-row-184936.html
<![CDATA[News - Enertopia says round two of Clayton Valley lithium processing testing underway ]]> https://www.proactiveinvestors.com.au/companies/news/184383/enertopia-says-round-two-of-clayton-valley-lithium-processing-testing-underway-184383.html Enertopia Corp (CNSX:TOP) says its development partner Genesis Water Technologies Inc (GWT) has kicked off the second phase of testing the Clayton Valley project material to recover lithium.

The goals of this larger test are to achieve lithium recovery rates of greater than 80%  and achieve minimum purity of 99.5% such that battery grade standard is achieved., it told investors.

Lithium is of course a very important component in the manufacture of electric vehicles.

Initial tests using feedstock from Enertopia's Clayton Valley project in Nevada has already shown remarkably high Lithium recovery numbers, the firm noted.

"In excess of 95% of contained lithium in the samples was taken into solution using weak acid solution and up to 75% of lithium in samples was taken into solution using only deionized water."

If the technique is proven economically viable, the project could be fast tracked to production, namely take months rather than the years, which are typically required to build and commission most mining projects - and at a far smaller capex.

"Genesis Water Technologies looks forward to promising results from this phase of testing analysis and anticipates that achievement of the goal of obtaining battery grade lithium with high recovery yield will prove economically viable," said Nick Nicholas of GWT.

"At Genesis Water Technologies, we utilize innovation in water. We are excited to partner with Enertopia to become leaders in the lithium evolution."

"Modern technology is revolutionizing ways to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution," added Enertopia president and chief executive Robert McAllister.

]]>
Thu, 21 Sep 2017 08:37:00 +1000 https://www.proactiveinvestors.com.au/companies/news/184383/enertopia-says-round-two-of-clayton-valley-lithium-processing-testing-underway-184383.html
<![CDATA[Media files - Enertopia acquires exciting new Lithium project in Nevada ]]> https://www.proactiveinvestors.com.au/companies/stocktube/8011/enertopia-acquires-exciting-new-lithium-project-in-nevada-8011.html Wed, 30 Aug 2017 18:23:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/8011/enertopia-acquires-exciting-new-lithium-project-in-nevada-8011.html <![CDATA[News - Enertopia shares advance as it stakes Clayton Valley lithium claims ]]> https://www.proactiveinvestors.com.au/companies/news/183188/enertopia-shares-advance-as-it-stakes-clayton-valley-lithium-claims-183188.html Shares in Enertopia Corp (CSE:TOP) raced up over 9% in Toronto as it revealed it has acquired claims in the lithium hotspot - Clayton Valley, Nevada.

Last month, various outcrops were investigated and 16 samples were bagged up and delivered to a lab in Reno for analysis.

READ - Enertopia says farewell to finance chief; welcomes new director WATCH - Enertopia focusing on lithium exploration programs in US and Argentina

Significantly, work there, showed the high solubility of the contained lithium, meaning it should be possible to create a brine suitable for extracting lithium using partner Genesis Water Technologies patent pending extraction technology.

"The company is extremely pleased with this project as it exceeds all the internal parameters that the company had set out to achieve (high lithium values at surface, excellent road and access to power)," said president of Enertopia, Robert McAllister.

Enertopia said that further sampling was  planned, including collecting bulk samples, which will be used for internal leach tests, while a more detailed outcrop mapping and surface sampling program will be conducted shortly to identify future hole locations.

Notably, recent diamond drilling (DD) in 2017 just a few hundred feet west of the claims returned 1,014 parts per million (ppm) lithium over 281 feet from a depth of 27 feet to 308 feet.

Another third party north east of the Enertopia claims has completed a shallow 46 hole program that resulted in similar lithium grades as the deeper diamond drill hole to the west.

Enertopia shares added0.09% to C$0.06 each.

]]>
Wed, 30 Aug 2017 12:08:00 +1000 https://www.proactiveinvestors.com.au/companies/news/183188/enertopia-shares-advance-as-it-stakes-clayton-valley-lithium-claims-183188.html
<![CDATA[News - Enertopia says farewell to finance chief; welcomes new director ]]> https://www.proactiveinvestors.com.au/companies/news/181727/enertopia-says-farewell-to-finance-chief-welcomes-new-director-181727.html Lithium-focused Enertopia Corp (CSE:TOP) unveiled changes at the top - with Bal Bhullar stepping down as finance chief, a role she has held for over nine years.

She will leave as CFO and director with effect from July 31, but will stay on as a consultant.

The group's president Robert McAllister has been named interim chief financial officer for what is expected to be a short period as the company  assesses several candidates and positions itself for long-term growth.

"Firstly, I wish to thank Ms. Bal Bhullar for her dedicated work for the last 9.5 years. Bal is dedicating her time on her new natural supplement company, and Enertopia wishes her nothing but the best as she moves her business forward," said McAllister

Bhullar said she had started her new business venture, KISMET Nutrients, where she will be devoting much of her time and energy.

"I wish the great team at Enertopia much success as they continue with their strategic plan in lithium technology," she added.

Enertopia today also  announced the board addition of Mr Kristian Ross, who has had a successful career in mineral exploration, development and production spanning four decades.

The company expects to update its exploration program shortly.

]]>
Mon, 31 Jul 2017 11:22:00 +1000 https://www.proactiveinvestors.com.au/companies/news/181727/enertopia-says-farewell-to-finance-chief-welcomes-new-director-181727.html
<![CDATA[News - Enertopia “excited” by lithium exploration program progress as it moves into phase two ]]> https://www.proactiveinvestors.com.au/companies/news/179456/enertopia-excited-by-lithium-exploration-program-progress-as-it-moves-into-phase-two-179456.html Enertopia Corp (CSE:TOP) is ready to move onto the next stage of its ongoing lithium exploration program after confirming phase one has been completed.

All field samples collected from the initial phase of the field exploration program, which covered select locations in the Western USA and Argentina, are currently being analysed by a third party lab.

Enertopia bosses also attended the Lithium Conference in Argentina, where they held “successful” discussions with Salar owners and active mining companies about taking part in the upcoming phase two bench tests with the firm’s partner, Genesis Water Technologies.

The locations of the phase two bench tests are being kept confidential due to their “very sensitive and competitive nature”. The exact locations will be revealed once the lands have been acquired, Enertopia added.

“We are very excited about our developments and are working aggressively on mapping out the next steps for phase two battery grade lithium carbonate purity bench testing and property acquisitions,” said President and chief executive Robert McAllister.

Promising results so far

The two parties are working to evaluate the feasibility of recovering lithium from brine with specialized recovery technology which they believe could have a dramatic effect on the industry while fast-tracking Enertopia into production.

The first bench tests carried out by GWT yielded some encouraging results too, with the lithium carbonate (Li2Co3) purity rates from the four samples coming in at between 93.7% and 96.9%.

In this second phase of tests, which is set to be much larger, GWT is hoping some adjustments to the recovery process could potentially lead to higher lithium recovery rates as well as higher purity rates.

]]>
Mon, 19 Jun 2017 07:15:00 +1000 https://www.proactiveinvestors.com.au/companies/news/179456/enertopia-excited-by-lithium-exploration-program-progress-as-it-moves-into-phase-two-179456.html
<![CDATA[News - Enertopia Corp marks a year of work on battery grade lithium recovery process ]]> https://www.proactiveinvestors.com.au/companies/news/177599/enertopia-corp-marks-a-year-of-work-on-battery-grade-lithium-recovery-process-177599.html Enertopia Corporation (CSE:TOP) has started work a second series of lithium recovery and carbonate purity bench tests with its technology partner Genesis Water Technologies (GWT).

Based on the initial test findings, this second series of bench tests will much larger scale and scope as Enertopia works towards battery grade Lithium Carbonate.

“Our primary focus is on perfecting technologies to produce battery grade lithium carbonate/ hydroxide,” said chief executive Robert McAllister, who was marking a year since the company moved into the lithium space.

“We realize having our own source of raw lithium would allow us the highest potential profit margin.

Technological change on multiple fronts, such as fabrication, robots, and materials continues to support the demand growth for lithium alongside the rapidly growing use of lLithium batteries in electric vehicles (EV’s),

Over the past year the technology for lithium batteries, EV’s, autonomous vehicles and other associated technologies continues to converge and strengthen these growing sectors into one singularity for innovation and change in the transportation sector, said McAllister.

“The company thanks its shareholders for their shared vision as it moves forward on its path to achieving ultimate success of being a low cost technology provider and producer in the lithium sector.”

Shares in Enertopia were off half a cent in lunchtime trading at C$0.08.

 

]]>
Wed, 10 May 2017 11:05:00 +1000 https://www.proactiveinvestors.com.au/companies/news/177599/enertopia-corp-marks-a-year-of-work-on-battery-grade-lithium-recovery-process-177599.html
<![CDATA[Media files - Enertopia focusing on lithium exploration programs in US and Argentina ]]> https://www.proactiveinvestors.com.au/companies/stocktube/7415/enertopia-focusing-on-lithium-exploration-programs-in-us-and-argentina-7415.html Mon, 08 May 2017 16:00:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/7415/enertopia-focusing-on-lithium-exploration-programs-in-us-and-argentina-7415.html <![CDATA[News - Enertopia Corp to start lithium exploration programs in US and Argentina ]]> https://www.proactiveinvestors.com.au/companies/news/177437/enertopia-corp-to-start-lithium-exploration-programs-in-us-and-argentina-177437.html Enertopia Corporation (CSE:TOP)  is to initiate lithium exploration programmes in both the US and Argentina in coming months.

A very targeted location specific review of high priority lithium targets across the South Western US will run for 10 days from May 17 to May 27.

Speaking to Proactive Investors, president and chief executive Robert McAllister said the company would be focusing on six to eight targets.

This follows six months of due diligence and internal reviews. Any self-generated and acquired projects would be free of third party cash payments, share issuances or over riding royalties, Enertopia said.

A first lithium exploration program in Argentina will also start from June 1-5 targeting very specific locations in conjunction the company’s consultants in the country.

Enertopia added it will not be taking its three brine targets in Nevada forward with the projects returned to the property vendors and the option agreement terminated.

“We are working aggressively at mapping out the next steps for phase two battery grade lithium carbonate purity bench testing, project advancements and property acquisitions.” said chief executive Robert McAllister.

 

]]>
Mon, 08 May 2017 10:09:00 +1000 https://www.proactiveinvestors.com.au/companies/news/177437/enertopia-corp-to-start-lithium-exploration-programs-in-us-and-argentina-177437.html
<![CDATA[News - Enertopia hires chemical engineer and mining veteran to advisory board ]]> https://www.proactiveinvestors.com.au/companies/news/177174/enertopia-hires-chemical-engineer-and-mining-veteran-to-advisory-board-177174.html Enertopia Corp (CVE:TOP) said it hired Dr John Thomas, a chemical engineer and mining industry veteran, to the advisory board.

The  professional engineer and accountant has 43 years' experience in the mining industry, including both base metal and precious metal projects, in several countries including Brazil, Canada, Costa Rica, Russia, Venezuela and Zambia.

His experience covers a wide range of activities in the mining industry from process development, management of feasibility studies, engineering and management of construction, and operation of mines.

"I am extremely pleased to have John Thomas join Enertopia. John's 40-plus years of worldwide knowledge and experience in chemical engineering will be invaluable to us as we move forward in the second-phase bench tests with Genesis Water Technologies Inc. (GWT)," said Enertopia chief executive Robert McAllister.

"This is indeed an exciting time for Enertopia, and I look forward to being a part of the team using my skill sets (such as flotation, metallurgy, preliminary economic assessment (PEA) expertise) in working with GWT and Enertopia in the lithium recovery process, and achieving battery-grade lithium carbonate at the end of the process is our collective goal," added Dr Thomas.

]]>
Tue, 02 May 2017 11:14:00 +1000 https://www.proactiveinvestors.com.au/companies/news/177174/enertopia-hires-chemical-engineer-and-mining-veteran-to-advisory-board-177174.html
<![CDATA[News - Enertopia Corp closes financing as it eyes next lithium bench tests ]]> https://www.proactiveinvestors.com.au/companies/news/177069/enertopia-corp-closes-financing-as-it-eyes-next-lithium-bench-tests-177069.html Enertopia Corp (CNSX:TOP) has closed the final tranche of $290,160 for its private placing announced last month to advance its lithium aims.

The firm will issue over 3.2mln shares at 9 cents each and the same number of warrants, which expire on April 28 in two years, and carry an exercise price of 12 US cents

READ - Enertopia's lithium production aims bolstered by purity tests WATCH - Enertopia's Robert McAllister 'very pleased' with purity levels from lithium carbonate samples

"We are working aggressively at mapping out the next steps for phase 2 bench testing with our technology partner Genesis Water Technologies (GWT) as we focus to achieve battery-grade lithium carbonate product," said chief executive Robert McAllister.

"We expect to have news out shortly on project advancements and property updates," he added.

Enertopia also revealed it had received $11,655 from the exercise of warrants at 7 US cents previously granted.  The cash will be used for general corporate purposes.

Proceeds of the placing will be used for continued lithium brine division development, general working capital and other opportunities, it added.

Enertopia is exploring three prospective lithium projects in Nevada, while reviewing other mineral projects.

It is also working with water purification technology partner GWT using patent pending technology that is believed able to recover lithium from brine solutions.

Last week, Enertopia reported encouraging purity levels from carbonate samples, which were sent to an independent lab.

The four samples were produced from Enertopia's partner Genesis Water Technologies' (GWT) bench tests.

The lithium carbonate (Li2Co3) purity rates from the  four samples - from Clayton Valley in Nevada, oil well waste water in mid-USA, and from salt flats in  Argentina and Bolivia - came in at between 93.7% to 96.9%.

GWT reckons adjustments to the recovery process could lead to shorter uptake times and potentially higher lithium recovery rates and  higher purity rates as it eyes the construction of a first pilot plant.

The firm is to announce the next phase of planning and testing which will be much larger in scale and scope and should ultimately lead to the first test pilot plant.

]]>
Fri, 28 Apr 2017 13:33:00 +1000 https://www.proactiveinvestors.com.au/companies/news/177069/enertopia-corp-closes-financing-as-it-eyes-next-lithium-bench-tests-177069.html
<![CDATA[Media files - Enertopia's Robert McAllister 'very pleased' with purity levels from lithium carbonate samples ]]> https://www.proactiveinvestors.com.au/companies/stocktube/7313/enertopia-s-robert-mcallister-very-pleased-with-purity-levels-from-lithium-carbonate-samples-7313.html Thu, 20 Apr 2017 15:54:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/7313/enertopia-s-robert-mcallister-very-pleased-with-purity-levels-from-lithium-carbonate-samples-7313.html <![CDATA[News - Enertopia's lithium production aims bolstered by purity tests ]]> https://www.proactiveinvestors.com.au/companies/news/176672/enertopia-s-lithium-production-aims-bolstered-by-purity-tests-176672.html Enertopia Corp's (CNSX:TOP) lithium production aspirations were bolstered today - as it posted encouraging purity levels from carbonate samples, which were sent to an independent lab.

The four samples were produced from Enertopia's partner Genesis Water Technologies' (GWT) bench tests.

The lithium carbonate (Li2Co3) purity rates from the  four samples - from Clayton Valley in Nevada, oil well waste water in mid-USA, and from salt flats in  Argentina and Bolivia - came in at between 93.7% to 96.9%.

GWT reckons adjustments to the recovery process could lead to shorter uptake times and potentially higher lithium recovery rates and  higher purity rates as it eyes the construction of a first pilot plant.

Chief executive very pleased...

Enertopia chief executive Robert McAllister told investors: "I am very pleased with the purity levels we were able to achieve in the first series of tests and can’t wait until the second phase testing starts."

Enertopia added it was now focusing on the optimization of the chemical reagents, number of columns used in filtration, future electro-coagulation reactor size for the next larger bench test that will consist of lithium brines, soft rock and soil bench tests.

Confident on path to production..

Enertopia says it's confident of its path towards production, processing and recovery and upgrading to battery grade lithium carbonate - the product used in electric car batteries for example.

In coming weeks, it will announce the next phase of planning and testing which will be much larger in scale and scope and should ultimately lead to the first test pilot plant, it said.

McAllister added: “Modern technology is revolutionizing lithium production technology and providing a much better way to recover lithium while minimizing the environmental footprint. We are enthusiastic in becoming leaders in this evolution."

]]>
Thu, 20 Apr 2017 08:45:00 +1000 https://www.proactiveinvestors.com.au/companies/news/176672/enertopia-s-lithium-production-aims-bolstered-by-purity-tests-176672.html
<![CDATA[News - Enertopia getting inquiries from lithium producers after bench test press release ]]> https://www.proactiveinvestors.com.au/companies/news/175626/enertopia-getting-inquiries-from-lithium-producers-after-bench-test-press-release-175626.html Enertopia Corp (CNSX:TOP) says purity testing is now being carried out on the four lithium carbonate samples recently produced from its partner Genesis Water Technologies' bench tests.

As reported earlier this month, the samples hailed from Clayton Valley in Nevada, oil well waste water in mid-USA, Argentina and Bolivia.

A third party lab  is now using ion chromatography to determine the precise purity of these submitted four lithium carbonate samples, Enertopia said.

READ - Enertopia eyes huge prize with 'special' technology READ - Enertopia takes the positives from bench testing new lithium technology WATCH - 'The potential reward is exponential' says Enertopia CEO Robert McAllister

"Since the company press release of the bench test recovery numbers on March 6, 2017, it has received several requests for further information from lithium producers and other leaders in the lithium space," said chief executive Robert McAllister.

He added that once these purity tests have been received and reviewed by Enertopia and GWT, there will be an outline for the next phase of development and selection process for the location of a  pilot plant.

"Modern technology is revolutionizing lithium production technology and potentially providing a much better way to recover lithium while protecting our environment.

"We are enthusiastic in becoming leaders in this evolution," added the company boss.

Enertopia and Genesis Water Technologies are working on a lithium extraction technology that could potentially fast track the former into production in this burgeoning sector.

Enertopia and Genesis, which is a brine recovery specialist, believe the technology they are testing can dramatically alter the current footprint in the lithium industry.

The agreement  gives Enertopia, which has three exploration projects in Nevada, exclusive rights to use the technology to recover lithium from brine solutions in the US, Argentina, Bolivia and Chile with the option to acquire exclusive rights in other countries.

]]>
Wed, 29 Mar 2017 13:31:00 +1100 https://www.proactiveinvestors.com.au/companies/news/175626/enertopia-getting-inquiries-from-lithium-producers-after-bench-test-press-release-175626.html
<![CDATA[News - Enertopia arranges $360,000 private placement ]]> https://www.proactiveinvestors.com.au/companies/news/175012/enertopia-arranges-360000-private-placement-175012.html Enertopia Corp (CNSX:TOP, OTCMKTS:ENRT) intends to complete a non-brokered private placement equity financing of $360,000, the lithium explorer said on Friday.

Enertopia said it intends to issue four million equity units priced at nine cents, each equity unit consisting of one common share of the company and one non-transferable share purchase warrant, each whole warrant entitling the holder to purchase one additional common share of the company for a period of 24 months from the date of issuance, at a purchase price of 12 US cents, in order to raise gross proceeds of up to $360,000.

Enertopia intends to use the proceeds of the offering for continued exploration of the company's exploration projects and lithium brine recovery technology, as well as for general corporate and working capital purposes.

The actual allocation of the proceeds may vary from the uses set forth above, depending on future operations or unforeseen events or opportunities. If the offering is not fully subscribed, the company may apply the proceeds of the offering in such priority and proportions as the board of directors of the company determines to be in the best interests of the company.

The offering will be completed pursuant to Multilateral CSA Notice 45-313 and the corresponding blanket orders and rules implementing CSA 45-313 in the participating jurisdictions in respect thereof and Multilateral CSA Notice 45-318 and the corresponding blanket orders and rules implementing CSA 45-318 in the participating jurisdictions in respect thereof.

As at the date hereof, the existing security holder exemption is available in each of the provinces of Canada, with the exception of Newfoundland and Labrador and the investment dealer exemption is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick.

]]>
Fri, 17 Mar 2017 14:19:00 +1100 https://www.proactiveinvestors.com.au/companies/news/175012/enertopia-arranges-360000-private-placement-175012.html
<![CDATA[News - Enertopia takes the positives from bench testing new lithium technology ]]> https://www.proactiveinvestors.com.au/companies/news/174307/enertopia-takes-the-positives-from-bench-testing-new-lithium-technology-174307.html Enertopia Corp (CNSX:TOP) has hailed the results from bench tests carried out by partner Genesis Water Technologies Inc on a new lithium extraction technology.

Data from four brine samples, which were submitted for testing come from Clayton Valley in Nevada, oil well waste water in mid-USA, Argentina and Bolivia.

Robert McAllister, president of  Enertopia, told investors Monday that one of the main positive takeaways from the tests was the high recovery rate from the Bolivia sample, where there is historically a very high magnesium (Mg)/ lithium ratio in  such brines.

"Enertopia sourced data with the highest Mg values and lowest Li values in its recent tests to determine how the GWT recovery process would perform under difficult conditions and it passed this first test flawlessly," said McAllister.

The second goal of the work was to confirm that GWTs lithium recovery process would result in a final product of 99.5%, or greater purity, of battery grade lithium carbonate (Li2CO3) as had been shown by the June 2016 theoretical feasibility study.

To answer this question, lithium carbonate  products from the processing of the four samples are being shipped to a third-party, independent lab and Enertopia said it would update once purity tests have begun.

McAllister said the firm was looking forward to the results of the third party lab testing.

"Modern technology is revolutionizing lithium production technology and providing a much better way to recover lithium while protecting our environment. We are enthusiastic in becoming leaders in this evolution," he added.

Enertopia's previously announced agreement with Genesis gives Enertopia, which has three exploration projects in Nevada, exclusive rights to use the technology to recover lithium from brine solutions in the US, Argentina, Bolivia and Chile with the option to acquire exclusive rights in other countries.

McAllister has told Proactive Investors: "By focusing on the low cost of the production curve with this technology, the group will be able to withstand price cycle lows in lithium and outperform when prices are high."

He added the deal moved Enertopia to "the top tier" of only a handful of firms in the world that  are  working on new ways to recover lithium from brines.

"We believe that proving out the technology will provide Enertopia with a fast track to development and production due to the minimal surface footprint that the technology will provide."

]]>
Mon, 06 Mar 2017 07:11:00 +1100 https://www.proactiveinvestors.com.au/companies/news/174307/enertopia-takes-the-positives-from-bench-testing-new-lithium-technology-174307.html
<![CDATA[News - Enertopia closes $170,000 final tranche of financing ]]> https://www.proactiveinvestors.com.au/companies/news/173948/enertopia-closes-170000-final-tranche-of-financing-173948.html Enertopia Corp (OTCMKTS:ENRT, CNSX:TOP) shares firmed on Tuesday after the company said it closed the final tranche of $170,000 for its private placement announced last December.

Proceeds of the private placement will be used for continued lithium brine division development, general working capital and other opportunities.

Last month, the company announced it had begun its lithium recovery bench testing and the company is now awaiting the results.

Read:  Enertopia begins lithium recovery bench test

Enertopia will issue 4.25mln common shares at four cents and 4.25mln whole warrants that expire on Feb. 28, 2019, with an exercise price of six US cents during the 24-month period.

Cash finders' fees of $11,100 and 227,500 full broker warrants were paid to third parties. All full broker warrants expire on Feb. 28, 2019, with the same exercise terms as noted above.

The company also announced that Adam Mogil has been retained as a consultant to help the company as it moves forward. In lieu of a monthly compensation, Mogil has been issued one million warrants at an exercise price of nine US cents for six months. The warrants will expire on Aug. 28, if not exercised on or before the aforementioned date.

"While we wait for the bench test results, we are working aggressively at mapping out the next steps for project advancements and potential property acquisitions," stated Robert McAllister, president and chief executive officer of Enertopia.

Enertopia shares were up 0.7% at $0.07 on Tuesday.

]]>
Tue, 28 Feb 2017 14:24:00 +1100 https://www.proactiveinvestors.com.au/companies/news/173948/enertopia-closes-170000-final-tranche-of-financing-173948.html
<![CDATA[News - Enertopia hires consultant to mull South American lithium projects ]]> https://www.proactiveinvestors.com.au/companies/news/172430/enertopia-hires-consultant-to-mull-south-american-lithium-projects-172430.html Enertopia Corp's (CNSX:TOP) lithium drive continues and it has hired Swiss consultant Peloton AG to review and vet South American lithium projects.

Enertopia said it was appreciative of the hard work so far and has agreed to grant 1.5 million options to the consultants at 7 US cents valid for five years.

As previously reported, the firm along with Genesis Water Technologies Inc have started work on a lithium extraction technology.

Results of  a bench test currently underway will be released when third party verification by an independent lab comes through.

President and chief executive of the firm Robert McAllister said: "Enertopia looks forward in receiving the results of the lithium recovery bench test analysis.

"We are continuing our ongoing exploration work at our three Nevada lithium brine projects and continued due diligence in the mineral sector.

"Modern technology is revolutionizing ways and providing a better way to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution."

]]>
Tue, 31 Jan 2017 11:04:00 +1100 https://www.proactiveinvestors.com.au/companies/news/172430/enertopia-hires-consultant-to-mull-south-american-lithium-projects-172430.html
<![CDATA[News - Enertopia eyes huge prize with 'special' technology ]]> https://www.proactiveinvestors.com.au/companies/news/172192/enertopia-eyes-huge-prize-with-special-technology-172192.html Enertopia Corp's (CNSX:TOP) and Genesis Water Technologies Inc have started work on a lithium extraction technology that could potentially fast track the former into production in this burgeoning sector.

Results of the bench test currently underway will be released when third party verification by an independent lab comes through.

Enertopia and Genesis, which is a brine recovery specialist, believe the technology they are testing can dramatically alter the current footprint in the lithium industry.

Exclusive rights in key places

The agreement with Genesis gives Enertopia, which has three exploration projects in Nevada, exclusive rights to use the technology to recover lithium from brine solutions in the US, Argentina, Bolivia and Chile with the option to acquire exclusive rights in other countries.

Robert McAllister, Enertopia’s chief executive, is very excited about proving out the technology and said historically, lithium production from brines rather than hard rock, have been the low cost option.

Low cost of production curve

"By focusing on the low cost of the production curve with this technology, the group will be able to withstand price cycle lows in lithium and outperform when prices are high."

He added the deal moved Enertopia to "the top tier" of only a handful of firms in the world that  are  working on new ways to recover lithium from brines.

"We believe that proving out the technology will provide Enertopia with a fast track to development and production due to the minimal surface footprint that the technology will provide."

Lithium the buzz 

Demand for lithium is tipped to surge with the advent of electric cars and renewable energy storage.

The market for the element has grown between 8% and 12% over the last 15 to 20 years, but forecasts are for demand for the metal to move to a completely different level.

Electric car maker Tesla (NADAQ:TSLA) has been pioneering the development and a plant in the desert will eventually churn out 500,000 batteries for vehicles a year, which will require vast amounts of lithium.

Enertopia’s three lithium projects are ideally situated just over one hour away from the Tesla Giga factory by highway.

Tesla has made it a key point to buy all production sourced from Nevada and other parts of the USA first.

Technology under trial is ‘special’

McAllister beleives the Genesis brine technology is special.

Theoretical studies have shown it could, using brines with just over 400 parts per million (ppm) lithium, have recovery costs of under US$2,000 per tonne - putting the method in the lowest quartile for recovery costs in the industry.

"The technical feasibility report that Enertopia received in June 2016 showed that at 100 ppm lithium in the brine the numbers showed that the cost to process was about $4,500 per tonne of Li2Co3.

“The cost falls dramatically to $2,000 per tonne when the lithium values in the brine rise above 400 ppm."

Exciting early days

The Enertopia CEO added the group wants to test brine sources with more than 500 or 600 ppm to see how this could impact prices.

"These are very exciting days but early days with this process," he said.

Significantly, the environmental impact also of using this new extraction technology is also less than conventional methods, where much more fresh water is used.

Genesis  granted potential worldwide exclusivity in return for a 10% sales royalty on battery-grade lithium carbonate sold.

The deal also guarantees a minimum level of yearly payments to GWT.

If bench testing is successful, a 50 gallon per minute pilot test plant would be built once the final location has been sourced, and if that works, then the build out of a commercial facility is expected in 2018.

 

]]>
Wed, 25 Jan 2017 15:20:00 +1100 https://www.proactiveinvestors.com.au/companies/news/172192/enertopia-eyes-huge-prize-with-special-technology-172192.html
<![CDATA[News - Enertopia closes $40,000 first tranche of financing ]]> https://www.proactiveinvestors.com.au/companies/news/171967/enertopia-closes-40000-first-tranche-of-financing-171967.html Enertopia Corporation (CNSX:TOP, OTCMKTS:ENRT) has closed the first tranche of $40,000 for its private placement announced last December, it said on Friday.

Read: Enertopia arranges $200,000 private placement

Enertopia will be issuing one million common shares at four cents and one million whole warrants that expire on Jan. 20, 2019, with an exercise price of six U.S. cents during the 24-month period.

The chief executive officer of Enertopia participated for $20,000 of the first tranche financing. Funds raised will be used for advancing the company's lithium business and general and administrative expenses.

A cash finder's fee for $800 and 20,000 full broker warrants that expire on Jan. 20, 2019, with the same exercise terms as noted above was paid to arm's-length parties

"While we wait for the bench test results, we are working aggressively at mapping out the next steps for project advancements and potential property acquisitions," said president and chief executive officer Robert McAllister.

The company also announces that a total of 1,535,000 stock options have been granted to officers, directors and consultants at an exercise price of seven U.S. cents per share.

]]>
Fri, 20 Jan 2017 13:41:00 +1100 https://www.proactiveinvestors.com.au/companies/news/171967/enertopia-closes-40000-first-tranche-of-financing-171967.html
<![CDATA[Media files - 'The potential reward is exponential' says Enertopia CEO Robert McAllister ]]> https://www.proactiveinvestors.com.au/companies/stocktube/6748/-the-potential-reward-is-exponential-says-enertopia-ceo-robert-mcallister-6748.html Tue, 17 Jan 2017 16:14:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/6748/-the-potential-reward-is-exponential-says-enertopia-ceo-robert-mcallister-6748.html <![CDATA[News - Enertopia begins lithium recovery bench test ]]> https://www.proactiveinvestors.com.au/companies/news/171563/enertopia-begins-lithium-recovery-bench-test-171563.html Enertopia Corporation (CNSX:TOP, OTCMKTS:ENRT) shot up more than 6% on Thursday as the company announced the start of its lithium recovery bench test and provided a 2017 update.

It has commenced along the lines detailed last month.

Read: Enertopia starts Bench Testing with new lithium technology

Results of the bench test will be released upon third party verification by an independent lab analysis. Enertopia and Genesis Water Technologies Inc. (GWT) believe the lithium processing technology that is being used could change dramatically the current footprint in the lithium industry.

Enertopia and GWT, a leading North American company in the field of water treatment and brine recovery, are working to evaluate the feasibility of recovering lithium from brine with specialized recovery technology.

"While we all eagerly await the bench test results in the coming weeks, the Company is hard at work mapping out the next steps for project advancement and corporate development." Said Enertopia President and CEO Robert McAllister

 

2017 Lithium Market Update

While 2016 saw the emergence of the growing Electric Vehicle (EV) demand and it's resulting positive effect on Lithium demand and sharply rising prices. Several Analysts predict the convergence of EV's with driverless vehicles to accelerate the demand growth in the Lithium sector. On January 3rd, auto maker Ford announced a new $700mln Assembly Plant to create a factory capable of producing high-tech electrified and autonomous vehicles. Ford also announced it would launch fully electric SUV with an estimated range of at least 300 miles and two new electrified police vehicles.

Recent news on the lithium technology brine recovery side from Pure Energy and MGX Minerals (CNSX:XMG) show how technology is changing the Lithium brine mining recovery focus and the market acceptance of these new and emerging technologies.

Now for the first time, the market place is beginning to grasp the importance of the convergence in EV's, artificial intelligence for autonomous vehicles and emerging new lithium recovery technologies that when combined are changing and will change the way our society moves around and the very positive effect this will have on our world.

"Enertopia looks forward in receiving the results of the bench test analysis. We are continuing our ongoing exploration work at our three Nevada Lithium brine projects and continued due diligence in the mineral sector. Modern technology is revolutionizing ways and providing a better way to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution,” said McAllister.

Enertopia shares were up 6.4% at $0.03 on Thursday.

]]>
Thu, 12 Jan 2017 13:20:00 +1100 https://www.proactiveinvestors.com.au/companies/news/171563/enertopia-begins-lithium-recovery-bench-test-171563.html
<![CDATA[News - Enertopia starts Bench Testing with new lithium technology ]]> https://www.proactiveinvestors.com.au/companies/news/170426/enertopia-starts-bench-testing-with-new-lithium-technology-170426.html Enertopia Corporation (CNSX:TOP, OTCMKTS:ENRT) shares advanced by a third on Tuesday after the company announced it has paid Genesis Water Technologies Inc. C$10,000 to start preparing for the Bench testing of four brine samples with GWT’s lithium processing technology that could change the current footprint in the lithium industry.

Read more background.

Enertopia and GWT, a leading North American company in the field of mobile brine recovery are working to evaluate the feasibility of recovering lithium from brine with specialized recovery technology.

The goals of the upcoming bench test at GWT’s testing facility and verification of testing results by an independent 3rd party certified laboratory analysis are to:

Confirm the Lithium feasibility testing results that were announced on June 28. Read more Analyze the bench testing results of the synthetic brine samples to determine the best Lithium recovery options and location for the Lithium brine test plant.

Data from four historic samples were submitted to GWT for the upcoming bench test, including a data sample taken from Clayton Valley, Nevada with Lithium values of 190 parts per million (ppm). Oil and Gas brine formation water from a domestic USA well source of 423 ppm Lithium and two South American Salar samples with Lithium values of 490 and 580 ppm lithium.

The purpose of these samples in the bench test is to determine how the proposed technology and recovery would be impacted by differing chemical compositions and values of Lithium in the brines. The focus is to find out what Lithium concentration in the brine would be needed for economic recovery in the differing brines per their unique chemical makeups.

If proven economically viable, the use of the proposed technology could offer a fast track to production that could be executed in months rather than years typical with most mining projects - and at a far smaller capex. More importantly for the environment, the foot print for the pilot plant would take up a small space and not the thousands of acres that are commonly used in the enriching process for Lithium brine deposits around the world.

“Enertopia looks forward to the results of the bench test analysis and our ongoing exploration work at our three Nevada Lithium brine projects and continuing due diligence in the mineral sector. Modern technology is revolutionizing ways and providing a better way to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution,” said Enertopia President and CEO Robert McAllister.

Enertopia shares were up 33% at 3.5 cents on Wall Street on Tuesday.

]]>
Tue, 13 Dec 2016 14:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/170426/enertopia-starts-bench-testing-with-new-lithium-technology-170426.html
<![CDATA[News - Enertopia seals commercialisation deal with Genesis Water Technologies ]]> https://www.proactiveinvestors.com.au/companies/news/170126/enertopia-seals-commercialisation-deal-with-genesis-water-technologies-170126.html Enertopia Corporation (CNSX:TOP) has inked a definitive commercialisation agreement with Genesis Water Technologies Inc.

It is over a revolutionizing lithium processing technology that could change the current footprint in the Lithium brine industry.

Enertopia will now start the bench test of brine samples to confirm feasibility study results previously announced.

READ FEATURE STORY HERE

By using GWTs patent pending recovery technology there is significant evidence that Lithium can be recovered at a cost and environmental footprint that are respectively both significantly lower and smaller than today’s current industry standards.

Chief executive Robert McAllister said: "Enertopia is excited with concluding the Definitive Agreement and moving forward to the bench test results expected in early 2017.

"Enertopia looks forward to the second phase exploration work at our Nevada Lithium brine projects and continuing due diligence in the mineral sector.

"Modern technology is revolutionizing ways and providing a better way to mine and protect our environment. We are enthusiastic in becoming leaders in this evolution and taking part in what is turning into a quantum shift in energy storage and ground transportation."

]]>
Wed, 07 Dec 2016 09:33:00 +1100 https://www.proactiveinvestors.com.au/companies/news/170126/enertopia-seals-commercialisation-deal-with-genesis-water-technologies-170126.html
<![CDATA[News - Enertopia's lithium tech deal could fasttrack it into production ]]> https://www.proactiveinvestors.com.au/companies/news/170125/enertopia-s-lithium-tech-deal-could-fasttrack-it-into-production-170125.html Enertopia Corp's (CNSX:TOP) chief executive Robert McAllister told Proactive the deal with Genesis Water Technologies Inc over a potentially breakthrough lithium extraction technology, could potentially fast track his firm into production in this burgeoning sector.

The agreement gives Enertopia, which has three exploration projects in Nevada, exclusive  rights for the technology in recovering lithium from brine solutions in United States, Argentina, Bolivia and Chile with the option to acquire exclusive rights in other countries based on success milestones.

The firm has issued 250,000 shares to Genesis for the  rights already and now bench tests will start on samples. This work is earmarked to finish before the end of the first quarter of 2017.

McAllister is very excited about proving out the technology and said historically, lithium production from brines rather than hard rock, have been at a lower cost.

Low cost of production curve

"We believe by focusing on the low cost of the production curve with technology that proves to be effective in recovering lithium from brine formations," he told Proactive.

It will also mean the group will be able to withstand price cycle lows in lithium and outperform when prices are high.

He added the deal moved Enertopia to "the top tier" of only a handful of firms in the world, which were working on new ways to recover lithium from brines.

"We believe that proving out the technology will provide Enertopia with a fast track to development and production due to the minimal surface footprint that the technology will provide."

Lithium the buzz theme

Of course, lithium is the new buzz theme in the resource sector at the moment.

The market for the element has grown between 8% and 12% over the last 15 to 20 years, underpinned by strong demand from computer and mobile phone makers, which use it in batteries.

The next phase of growth is set to be driven by electric vehicles, and of course Tesla (NADAQ:TSLA), which now has a mega factory in Nevada and is a big player in the industry

The huge site in the desert will eventually churn out 500,000 batteries for vehicles a year, but to do that it will require vast amounts of lithium.

Enertopia’s three lithium projects are ideally situated just over one hour away from the Tesla Giga factory by highway. Tesla has made it a key point to buy all production sourced from Nevada and other parts of the USA first.

McAllister said the Genesis technology concerned with this deal was special.

Theoretical studies have shown it could, using brines with just over 400 parts per million (ppm) lithium, have recovery costs of under US$2,000 per tonne - putting the method in the lowest quartile for recovery costs in the industry.

"The technical feasibility report that Enertopia received in June 2016 showed that at 100 ppm lithium in the brine the numbers showed that the cost to process was about $4,500 per tonne of Li2Co3. The cost falls dramatically to $2,000 per tonne when the lithium values in the brine rise above 400 ppm," explained McAllister.

Exciting early days

The Enertopia CEO added the group was now "extremely" excited about testing brine sources with more than 500 or 600 ppm to see how this could impact prices per tonne.

"These are very exciting days but early days with this process," he said.

Significantly, the environmental impact also of using this new extraction technology is also less than conventional methods, where much more fresh water is used.

Genesis  granted potential worldwide exclusivity in return for a 10% sales royalty on battery-grade lithium carbonate sold. The deal also guarantees the minimum level of yearly payments to GWT.

If bench testing is successful, a 50 gallon per minute pilot test plant would be built once the final location has been sourced, and if that works, then the build out of a commercial facility is expected in 2018.

]]>
Wed, 07 Dec 2016 09:10:00 +1100 https://www.proactiveinvestors.com.au/companies/news/170125/enertopia-s-lithium-tech-deal-could-fasttrack-it-into-production-170125.html
<![CDATA[News - Enertopia arranges $200,000 private placement ]]> https://www.proactiveinvestors.com.au/companies/news/169984/enertopia-arranges-200000-private-placement-169984.html Enertopia Corp (CNSX:TOP, OTCMKTS: ENRT) shares were 13% higher on Monday after the company said it plans to complete a non-brokered private placement financing of eight million equity units priced at four cents.

In addition to the stocks each until will include a warrant entitling the holder to purchase one additional common share of the company for a period of 24 months from the date of issuance, at a purchase price of six US cents, in order to raise gross proceeds of up to $200,000.

Enertopia intends to use the proceeds of the offering as follows: continued exploration of the company's exploration projects and lithium brine recovery technology, as well as for general corporate and working capital purposes.

The actual allocation of the proceeds may vary from the uses set forth above, depending on future operations or unforeseen events or opportunities. If the offering is not fully subscribed, the company may apply the proceeds of the offering in such priority and proportions as the board of directors of the company determines to be in the best interests of company.

The existing securityholder exemption is available in each of the provinces of Canada, with the exception of Newfoundland and Labrador, and the investment dealer exemption is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick.

Subscriptions pursuant to the existing securityholder exemption are being allocated to subscribers on a first-come, first-served basis, wherein the subscribers who are first to submit a completed subscription agreement and payment of the corresponding subscription proceeds will be accepted up until the maximum amount of the existing securityholder exemption portion of the offering is reached.

In addition to conducting the offering pursuant to the existing securityholder exemption and investment dealer exemption, the company will also accept subscriptions for equity units where other prospectus exemptions are available.

The company may pay broker commissions of up to 10% in cash and 10% in broker warrants in connection with the offering, subject to regulatory approval. Certain directors, officers and insiders of the company may participate in the offering. The offering may be closed in one or more tranches as subscriptions are received.

The securities issued will be subject to a hold period in Canada of four months and one day, or for any resales into the United States under Rule 144, six months and one day. The offering is subject to customary regulatory approvals.

Enertopia shares were up 13% at $0.03 on Wall Street on Monday.

]]>
Mon, 05 Dec 2016 15:52:00 +1100 https://www.proactiveinvestors.com.au/companies/news/169984/enertopia-arranges-200000-private-placement-169984.html
<![CDATA[News - Enertopia fully focused on lithium after change of tack ]]> https://www.proactiveinvestors.com.au/companies/news/169690/enertopia-fully-focused-on-lithium-after-change-of-tack-169690.html Lithium explorer and extraction technology group Enertopia Corp (CNSX:TOP) sharply reduced its losses in the year to August just ended.

Enertopia has been adding to its exploration acreage in Nevada over the past year ahead of the expected upsurge in demand for the metal for electric cars and battery storage.

Over the past year it also signed a letter of intent for a new lithium–from-brine extraction technology.

The deficit for the year to August was US$525,000 (US$1.15mln), with most of the reduction the result of a $771,000 drop in consulting and advertising costs following its move into lithium and away from women’s products.

]]>
Tue, 29 Nov 2016 14:57:00 +1100 https://www.proactiveinvestors.com.au/companies/news/169690/enertopia-fully-focused-on-lithium-after-change-of-tack-169690.html
<![CDATA[News - Enertopia pulls the trigger early on the Central project option payment ]]> https://www.proactiveinvestors.com.au/companies/news/167089/enertopia-pulls-the-trigger-early-on-the-central-project-option-payment-167089.html Enertopia Corp (CNSX:TOP) said part of the Nevada lithium property option payments due next month will now be settled in shares.

The company had been due to pay US$12,000 in cash on November 12 for the property option on the Central Nevada Lithium Brine Project, but has stumped up early, paying US$5,000 in cash and issuing to the vendor 175,000 Enertopia shares.

The Central Nevada Lithium Brine Project covers three basins with elevated surface Lithium (Li) samples that were reported in a 1976 USGS report.

The project covers 2,560 acres in the Churchill, Lander and Nye Counties in Nevada – the state that is proving a hotbed for lithium.

The option gives Enertopia the right to buy the mining claims outright. According to its stock market statement in April, in order to earn its 100% interest, Enertopia is required to make total cash payments of US$60,500 over one year and issue a total of 3.5mln shares on signing of the definitive agreement and up to an additional 3mln shares based on the successful drilling of a lithium enriched brine aquifer with a minimum Lithium average content of 300 parts per million over 100 feet of liquid brine reservoir.

]]>
Fri, 07 Oct 2016 09:29:00 +1100 https://www.proactiveinvestors.com.au/companies/news/167089/enertopia-pulls-the-trigger-early-on-the-central-project-option-payment-167089.html
<![CDATA[News - Enertopia closes C$135,050 final tranche of financing ]]> https://www.proactiveinvestors.com.au/companies/news/166393/enertopia-closes-c135050-final-tranche-of-financing-166393.html Enertopia Corporation (CNSX:TOP, OTCMKTS:ENRT) said on Friday it has closed the final tranche of its recent private placement in the amount of C$135,050.

The placement was first announced on August 8.

Enertopia will be issuing 3,858,571 common shares at 3.5 cents and 3,858,571 whole warrants that expire on Sept. 23, 2018, with an exercise price of seven US cents during the 24-month term. A cash finder's fee for $4,830 and 138,000 full broker warrants that expire on Sept. 23, 2018, with the same exercise terms as noted above, was paid to arm's-length parties. Proceeds of the private placement will be used for developing the lithium brine division projects and technology, and for general working capital.

All issued shares will be subject to a hold period, for any resale into the United States under Rule 144, of six months and one day. The private placement will be subject to normal regulatory approvals.

]]>
Fri, 23 Sep 2016 10:18:00 +1000 https://www.proactiveinvestors.com.au/companies/news/166393/enertopia-closes-c135050-final-tranche-of-financing-166393.html
<![CDATA[News - Enertopia hires McKay for IR services ]]> https://www.proactiveinvestors.com.au/companies/news/166111/enertopia-hires-mckay-for-ir-services-166111.html Enertopia Corporation (CNSX:TOP, OTCMKTS:ENRT) said on Monday it has hired Duncan McKay to showcase the Enertopia Lithium development plans to investors.

McKay has gained his experience of the financial markets from his career working for banks and investment companies.

He has traded and marketed a number of different asset classes including equities, bonds, structured products and hedge funds and has lived and worked in London, Tokyo, Switzerland, Italy and Monaco.

This has led to a list of clients across Europe, UK, North America, Scandinavia, and the Middle East.

]]>
Mon, 19 Sep 2016 17:54:00 +1000 https://www.proactiveinvestors.com.au/companies/news/166111/enertopia-hires-mckay-for-ir-services-166111.html
<![CDATA[News - Enertopia close to inking agreement on lithium processing technology ]]> https://www.proactiveinvestors.com.au/companies/news/165828/enertopia-close-to-inking-agreement-on-lithium-processing-technology-165828.html Enertopia Corp (CNSX:TOP) is close to signing its previously flagged lithium technology agreement with Genesis Water Technologies.

The company said the agreement, which would see Enertopia use Genesis’s potentially revolutionary lithium processing technology, is in the final phase of reviews.

Enertopia is currently sourcing lithium brine samples to provide a broad baseline for the bench test for lithium recovery, which is expected to start in October 2016, with the anticipation of final results before the end of this year.

Genesis’s patent pending recovery technology could enable lithium to be recovered at a cost and environmental footprint that are both significantly lower and smaller respectively than today's current industry standards, Enertopia said.

Enertopia has signed letter of intent and issued 250,000 shares for the worldwide rights to the innovative new extraction method. The definitive agreement had been expected to be signed by September 15, hence today’s announcement, which should put shareholders’ minds at rest.

The Canadian mine developer, which has assets in Nevada, will receive worldwide exclusivity in return for a 10% royalty on battery-grade lithium carbonate sold. The deal also guarantees the minimum level of yearly payments to Genesis Water Technologies (GWT).

Enertopia’s late June press release indicated that the potential cost for recovering battery grade 99.5% or higher Li2CO3 (lithium carbonite) could be below $1,800 per tonne depending on the concentration levels of lithium in the brine.

Upon successful bench testing results Enertopia will move into the next phase of testing by building a pilot plant that will process 50 gallons per minute of lithium brine. It plans to have this pilot plant up and running during the second half of 2017.

“Enertopia looks forward to providing additional updates as milestones are met and corporate developments unfold,” declared Robert McAllister, president and chief executive officer of Enertopia.

“Modern technology is revolutionising and providing a better way to mine that protects our environment. We are enthusiastic in becoming leaders in this evolution," McAllister added.

]]>
Tue, 13 Sep 2016 10:40:00 +1000 https://www.proactiveinvestors.com.au/companies/news/165828/enertopia-close-to-inking-agreement-on-lithium-processing-technology-165828.html