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Enertopia closes second tranche of private placement

All issued shares will be subject to a hold period
Canadian dollars
The second tranche raised C$197,700

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. 

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