Enertopia Corp.
40 story beats from 2007 to 2025
The story so far
The events that changed the company's story, in plain English, each written against everything known about the company at the time. The dot shows whether it was good, bad or neutral for shareholders.
shares on issue market cap (log scale)
20257.8m shares · US$467k market cap
- 7 Apr
Enertopia announced a proposed CAD$600,000 private placement, its first cached financing since 2022 - now describing itself as an energy company built on a portfolio of patents and pending patents in green/hydrogen technology alongside its remaining Nevada lithium claims.
capital raising announcement
7.8m shUS$467k
2022155m shares · US$6.2m market cap
- 9 May
Enertopia completed the sale of its Clayton Valley, Nevada lithium mining claims to Cypress Development Corp for $1.05 million cash plus 3 million Cypress shares, exiting direct lithium mining in favor of an equity stake in a larger neighboring project.
asset acquisition disposition
155m shUS$6.2m - 28 Feb
Enertopia signed the definitive agreement to sell its Clayton Valley, Nevada lithium claims to Cypress Development Corp for US$1.1 million plus 3,000,000 Cypress shares, receiving a $50,000 deposit on signing ahead of the sale's completion two months later.
capital raising announcement
155m shUS$6.6m
2021142m shares · US$7.0m market cap
- 21 Dec
Enertopia bought further IP assets from consultant Paul Sandler and its own Chief Technical Officer Mark Snyder - a related-party purchase - issuing them 5,000,000 shares now (2,500,000 each) plus 5,000,000 more in escrow pending patent approval, the largest step yet in building out its patent portfolio.
capital raising announcement
142m shUS$7.0m - 10 Dec
Enertopia bought further IP assets (pending patents), this time from Terry Galyon, for 1,000,000 shares issued now plus 1,000,000 escrowed pending patent approval - continuing the patent-portfolio buildout begun with Albert Clark Rich a year earlier.
capital raising announcement
142m shUS$7.0m - 11 Feb
Enertopia hired three clean-energy consultants - Richard Smith of Proactive Technology International, Paul Sandler, and Bruce Schellinger of Southwest Wisconsin Enterprises - each paid in stock options at $0.18, launching a new clean-energy/IP strategy that would soon see the company start acquiring patents outright.
capital raising announcement
128m shUS$19.3m
2020128m shares · US$4.2m market cap
- 17 Dec
Enertopia agreed to buy IP assets (pending patents) from Albert Clark Rich for 2,000,000 shares - 1,000,000 issued immediately and 1,000,000 held in escrow until the patents are approved - the company's first move into building a patent portfolio, a new direction beyond its Nevada lithium claims.
capital raising announcement
128m shUS$4.2m
2018115m shares · US$7.7m market cap
- 5 July
Enertopia terminated its lithium-extraction licensing agreement with Genesis Water Technologies after independent third-party testing showed the technology failed to achieve battery-grade purity, taking the recovery process design back in-house.
material agreement termination
115m shUS$7.7m
2017102m shares · US$4.8m market cap
- 30 Aug
Enertopia staked 160 acres of lode and placer claims in Clayton Valley, Nevada and reported strong early lithium assay results (up to 4,160 ppm) from surface sampling, becoming the company's flagship lithium property.
asset acquisition disposition
102m shUS$4.8m
201693.6m shares · US$2.4m market cap
- 7 Dec
Enertopia signed a commercialization agreement with Genesis Water Technologies for exclusive rights to a patent-pending process to extract battery-grade lithium carbonate from brine, covering the US and parts of South America in exchange for a 10% net-sales royalty.
material agreement
93.6m shUS$2.4m - 16 Aug
Enertopia signed a binding letter of intent for exclusive worldwide licensing rights to Genesis Water Technologies' patent-pending process for extracting battery-grade lithium carbonate from brine - the deal it would formalize in December 2016 and terminate in 2018 after the technology failed purity testing.
capital raising announcement
81.8m shUS$2.4m - 2 Aug
Enertopia reported encouraging surface lithium assay results (up to ~4,120 ppm at one hole) from its first-phase exploration across three Nevada valley properties, supporting its geological model for brine-source lithium.
drilling result
81.8m shUS$2.4m - 12 May
Enertopia signed the definitive agreement to option 2,560 acres of Nevada placer mining claims (Churchill, Lander and Nye counties) for its new lithium exploration division, formalizing April's letter of intent: $19,000 cash plus 3,500,000 shares paid on signing, with an optional further $12,000 payment - the position it would let lapse in 2017 to focus on higher-priority Nevada targets.
capital raising announcement
71.6m shUS$1.2m - 26 Apr
Enertopia pivoted again, launching a new lithium exploration division and signing a letter of intent to option 2,560 acres of Nevada placer mining claims for potential lithium brine extraction - a new direction after its supplements and cannabis ventures.
material agreement
71.6m shUS$859k - 10 Mar
Enertopia signed a binding letter of intent to acquire a private nutritional vitamin/supplement company for $350,000, pivoting toward the health-and-wellness sector as its cannabis ventures wound down.
material agreement
71.6m shUS$637k
201577.9m shares · US$2.4m market cap
- 26 June
Enertopia completed the sale of its 51% Burlington medical marijuana license interest and subsidiary Thor Pharma Corp to Shaxon Enterprises, which could yield up to $1.5 million in milestone payments (split with partner Lexaria) if the facility becomes licensed - closing out its Burlington cannabis venture.
asset acquisition disposition
77.9m shUS$2.4m - 12 June
Enertopia unwound two of its three medical marijuana ventures in one day: it agreed to sell its 51% Burlington license-application interest (a joint venture with Lexaria) to Shaxon Enterprises, and mutually terminated its Green Canvas joint venture after concluding further capital raising for cannabis projects was no longer in the company's interest.
security holder rights change
77.9m shUS$2.4m
201490.9m shares · US$5.9m market cap
- 20 Oct
Enertopia unwound its January 2014 joint venture with World of Marihuana Productions (to acquire up to 51% of WOM's pending Health Canada cannabis license business) via a mutual termination and settlement: WOM returned 15,127,287 Enertopia shares to treasury, and WOM's nominee Mathew Chadwick resigned from Enertopia's board - the first of several 2014-2015 cannabis-sector ventures that did not pan out.
asset acquisition disposition
90.9m shUS$5.9m - 14 July
The Lexaria/Enertopia Burlington, Ontario cannabis joint venture received final municipal zoning approval for medical marijuana production under Health Canada's MMPR rules - a real regulatory milestone toward an operating facility - while the company continued issuing milestone shares to its Ontario consulting team.
capital raising announcement
89.8m shUS$14.4m - 29 May
Enertopia and Lexaria Corp signed the definitive joint venture agreement for their Ontario medical marijuana business (Enertopia 51% / Lexaria 49%), formalizing April's letter of intent - the Burlington facility venture.
capital raising announcement
87.3m shUS$23.6m - 10 Apr
Enertopia signed a letter of intent with Lexaria Corp to jointly develop a Health Canada-licensed medical marijuana production business in Ontario (Enertopia 51% / Lexaria 49%) - a third simultaneous cannabis venture alongside Green Canvas and WOM, which would become the Burlington, Ontario facility.
capital raising announcement
87.3m shUS$68.9m - 5 Mar
Enertopia and its President formed a three-year joint venture with Lexaria Corp to jointly source and share in cannabis-sector business opportunities, receiving Lexaria shares and a finder's-fee arrangement on future deals Lexaria closes.
material agreement
80.7m shUS$25.0m - 28 Feb
Enertopia signed the definitive joint venture agreement to acquire up to 75% of Green Canvas Ltd.'s medical marijuana business, formalizing February's letter of intent (the $100,000 LOI payment already made) with a staged path to a 49% initial stake - its second simultaneous cannabis venture alongside WOM.
capital raising announcement
80.7m shUS$25.0m - 13 Feb
Enertopia closed the final tranche of its January private placement (12,938,000 units at US$0.10, US$1,293,800), bringing the combined raise to roughly US$1.7 million with a director and officer participating for $30,000 - substantial financing behind its early-2014 cannabis, vaporizer and mining pushes.
capital raising announcement
46.6m shUS$13.5m - 10 Feb
Days after its medical marijuana LOI, Enertopia signed a binding letter of intent to acquire Wisplite Technologies, a developer of e-cigarette/vaporizer technology, for an initial $385,000 plus shares and further funding commitments - pairing its cannabis push with vaporizer hardware.
material agreement
46.6m shUS$13.5m - 7 Feb
Enertopia signed a letter of intent to acquire up to 75% of a private medical marijuana producer's business in Canada (Green Canvas) for up to $1 million cash and 19 million shares over three years, another move into the cannabis sector alongside its existing World of Marihuana joint venture.
material agreement
46.6m shUS$13.5m - 16 Jan
Enertopia signed a definitive joint venture agreement to acquire 51% of World of Marihuana Productions Ltd. (WOM), formalizing November's letter of intent for the Mission, BC cannabis license business - the venture it would unwind in October 2014 when WOM's shares were returned to treasury.
capital raising announcement
46.6m shUS$2.8m
201330.3m shares · US$728k market cap
- 4 Nov
Enertopia signed a non-binding letter of intent to buy 51% of 0984329 BC Ltd., which operates a medical marijuana facility in Mission, BC - its first step toward what would become the World of Marihuana Productions (WOM) cannabis venture formalized two months later.
capital raising announcement
30.3m shUS$728k - 19 Sept
Enertopia signed an AMI participation agreement with Downhole Energy LLC to fund and share in up to 100 oil wells on 2,924 acres of historic Pennsylvania leases (Forest/Venango counties), issuing 100,000 shares to Downhole - a new push back into conventional oil and gas drilling alongside the company's other 2013 ventures.
capital raising announcement
30.3m shUS$637k
201124.6m shares · US$1.4m market cap
- 11 Oct
Enertopia signed the definitive option agreement with Altar Resources to earn up to 100% of 6,220 acres of Arizona mining claims (subject to a 2.5% royalty), paying $56,000 upfront and issuing 100,000 shares, with aggregate payments of $881,000 cash plus 1,000,000 shares due over five years - the Mildred Peak project first announced as a letter of intent in July, which it would terminate in 2013.
capital raising announcement
24.6m shUS$1.4m - 21 July
Enertopia signed a letter of intent to option a gold-silver-copper exploration property in Arizona (Mildred Peak) for about $875,000 in cash and shares over five years, expanding its mineral exploration push alongside the New Mexico claims.
material agreement
- 28 Apr
Enertopia wiped out most of its insider debt in one move: 0743608 BC Ltd forgave US$84,657 outright, CAB Financial Services took 360,000 shares at $0.25 for its US$90,000 consulting bill, and President Robert McAllister took 100,000 shares at $0.25 for US$25,000 of his US$46,000 receivable and forgave the remaining US$21,000 - a major cleanup of related-party liabilities.
capital raising announcement
- 12 Apr
Enertopia signed the definitive option agreement with Wildhorse Copper Inc. (and Northern Tiger Resources/Timber Wolf Minerals) to earn up to 100% of 56 mining claims in New Mexico, formalizing February's letter of intent: an initial $58,650 cash plus 500,000 shares on signing, then 150,000/150,000/200,000 further shares over the next three years, subject to a 1% royalty capped at $2 million - the Copper Hills project it would later abandon in 2013.
capital raising announcement
- 3 Mar
Enertopia closed a CAD$872,900 private placement (8,729,000 units at CAD$0.10, each with a warrant exercisable at CAD$0.20) through brokers Canaccord Genuity and Wolverton Securities, with proceeds earmarked for its New Mexico mining project and working capital - real cash financing behind the gold-silver-copper exploration push begun in February.
capital raising announcement
- 2 Feb
Enertopia signed a letter of intent to option 100% of gold-silver-copper mining claims in New Mexico for about $598,000 in cash and shares over eight years, launching a new natural-resource exploration division alongside its clean-energy business.
material agreement
2010
- 26 Oct
Enertopia sold its remaining Saskatchewan oil and gas assets to Primrose Drilling for $100,000 plus a potential royalty-based payout of up to $150,000, completing its exit from conventional oil and gas.
asset acquisition disposition
- 4 Mar
Golden Aria renamed itself Enertopia Corp. and agreed to acquire up to a 20% equity stake in Global Solar Water Power Systems (owned by its own Chief Technical Officer Mark Snyder) through cash and share payments, formalizing its clean-water pivot.
asset acquisition disposition
- 8 Feb
Golden Aria became the exclusive sales representative for Global Solar Water Power Systems' solar/wind-powered water purification products across Africa (and non-exclusive elsewhere), earning 5-12% commissions - its first move into clean water technology.
material agreement
2009
- 6 Aug
Golden Aria sold its oil and gas producing assets in Saskatchewan to Petrex Energy for $456,543, a step toward exiting conventional oil and gas.
asset acquisition disposition
2007
- 6 Dec
Golden Aria Corp completed a reverse-merger-style share exchange acquiring Target Energy, Inc. in full, issuing 13,810,000 shares (about 47% of the combined company) to Target's shareholders and gaining Target's Saskatchewan oil and gas interests: two producing horizontal wells (Wordsworth, West Queensdale) and the undeveloped Coteau Lake exploration acreage - the origin of the oil and gas assets the company would sell off starting in 2009.
asset acquisition disposition