Past year: ▼ 82%(3.28c – 18.1c USD)
Each one in plain English, with the numbers worked through for a shareholder.
26 June 2013material agreement termination▼ Bad
Enertopia also terminated its Copper Hills, New Mexico mining option with Wildhorse Copper after spending about $264,000 in payments and exploration costs, ending both of its early-2010s hard-rock mineral plays within a month.
30 May 2013material agreement termination▼ Bad
Enertopia terminated its Mildred Peak, Arizona mining option after spending roughly $280,000 in payments and exploration costs without advancing the project further, walking away from its 2011 Arizona mineral bet.
10 Apr 2013quarterly activities report▼ Bad
Enertopia Corp. reported quarterly revenue of $0 and a net loss of $74 thousand for the period ended 2013-02-28.
1 Mar 2013capital raising announcement● Neutral
Enertopia settled two long-standing consulting debts in kind: $16,000 owed to Chief Technical Officer Mark Snyder paid via 160,000 shares, and $42,000 owed to Snyder settled by transferring 1.72% of the company's own equity stake in Global Solar Water Power Systems back to him.
20 Feb 2013substantial holder notice● Neutral
ROBERT MCALLISTER reported a Enertopia Corp. shareholding of 4,045,000 shares (13.17% of votes) in a periodic institutional filing.
4 Feb 2013substantial holder notice● Neutral
CHRISTOPHER BUNKA, C.A.B. FINANCIAL SERVICE LTD reported a Enertopia Corp. shareholding of 4,288,833 shares (13.92% of votes) in a periodic institutional filing.
14 Jan 2013quarterly activities report▼ Bad
Enertopia Corp. reported quarterly revenue of $0 and a net loss of $117 thousand for the period ended 2012-11-30.
16 Nov 2012capital raising announcement● Neutral
Enertopia closed another tranche of its 2012 offering (1,013,000 units at CAD$0.05, CAD$50,650) through Canaccord Genuity, for working capital and exploration funding.
What it means for a shareholder
1.0m new shares at C$0.050 to raise about C$50,650. That's 3.5% dilution: every existing holder's slice gets 3.5% smaller. If you held C$1,000 of shares (20,000 at the issue price), your slice goes from 0.0719% to 0.0693% of the company. To keep it you'd need 728 more shares - about C$36 at the issue price.
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24 Oct 2012capital raising announcement● Neutral
Enertopia made its first annual payment on the Altar Resources Arizona option - $40,500 cash plus 100,000 shares - keeping the Mildred Peak claims (now described as 7,148 acres) in good standing.
28 Sept 2012capital raising announcement● Neutral
Enertopia closed a third small tranche of its ongoing offering (995,000 units at CAD$0.05, CAD$49,750) for working capital and mineral property payments.
What it means for a shareholder
995,000 new shares at C$0.050 to raise about C$49,750. That's 3.5% dilution: every existing holder's slice gets 3.5% smaller. If you held C$1,000 of shares (20,000 at the issue price), your slice goes from 0.0719% to 0.0694% of the company. To keep it you'd need 715 more shares - about C$36 at the issue price.
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27 Aug 2012capital raising announcement● Neutral
Enertopia closed the second tranche of the same offering (160,000 units at CAD$0.05 for CAD$8,000), completing a modest CAD$38,000 total raise for working capital and mineral property payments.
What it means for a shareholder
160,000 new shares at C$0.050 to raise about C$8,000. That's 0.588% dilution: every existing holder's slice gets 0.588% smaller. If you held C$1,000 of shares (20,000 at the issue price), your slice goes from 0.0739% to 0.0735% of the company. To keep it you'd need 118 more shares - about C$6 at the issue price.
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30 July 2012capital raising announcement● Neutral
Enertopia closed the first tranche of a small CAD$30,000 private placement (600,000 units at CAD$0.05), with its President and CEO themselves participating for $15,000 combined - insiders backstopping a thin raise.
What it means for a shareholder
600,000 new shares at C$0.050 to raise about C$30,000. That's 2.2% dilution: every existing holder's slice gets 2.2% smaller. If you held C$1,000 of shares (20,000 at the issue price), your slice goes from 0.0739% to 0.0723% of the company. To keep it you'd need 443 more shares - about C$22 at the issue price.
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10 July 2012quarterly activities report▼ Bad
Enertopia Corp. reported quarterly revenue of $0 and a net loss of $213 thousand for the period ended 2012-05-31.
16 Apr 2012quarterly activities report▼ Bad
Enertopia Corp. reported quarterly revenue of $0 and a net loss of $139 thousand for the period ended 2012-02-29.
16 Apr 2012capital raising announcement▲ Good
Enertopia closed a CAD$208,000 private placement (2,080,000 units at CAD$0.10 with attached warrants) through Canaccord Genuity, proceeds earmarked for working capital, mineral property payments and exploration.
What it means for a shareholder
2.1m new shares at C$0.100 to raise about C$208,000. That's 7.8% dilution: every existing holder's slice gets 7.8% smaller. If you held C$1,000 of shares (10,000 at the issue price), your slice goes from 0.0404% to 0.0373% of the company. To keep it you'd need 841 more shares - about C$84 at the issue price.
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11 Apr 2012capital raising announcement● Neutral
Enertopia settled a further US$9,375 consulting debt to Tom Ihrke by issuing 93,750 shares at $0.10 and granted additional stock options, continuing its stock-for-services pattern.
19 Mar 2012material agreement● Neutral
Enertopia appointed a new director and two technical advisors to help advance its New Mexico and Arizona mineral properties, granting them stock options as compensation.
9 Feb 2012debt financing● Neutral
Enertopia's President personally loaned the company CAD$50,000 at 10% interest, repayable in 90 days - a stopgap related-party financing.
17 Jan 2012quarterly activities report▼ Bad
Enertopia Corp. reported quarterly revenue of $0 and a net loss of $343 thousand for the period ended 2011-11-30.
9 Jan 2012material agreement● Neutral
Enertopia agreed to sell half its Lexaria Corp share/warrant units to an individual investor for $37,500, with an option for him to buy the rest later - monetizing part of the stake it received from the 2010 well-interest settlement.
2 Dec 2011substantial holder notice● Neutral
CHRISTOPHER BUNKA, C.A.B. FINANCIAL SERVICE LTD reported a Enertopia Corp. shareholding of 4,407,666 shares (17.10% of votes) in a periodic institutional filing.
15 Nov 2011capital raising announcement● Neutral
Enertopia hired IR firm Trident Financial (CAD$6,000/month for three months) and granted it 40,000 stock options, routine investor-relations spending.
11 Oct 2011capital raising announcement▲ GoodMajor
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.
3 Oct 2011capital raising announcement● Neutral
Enertopia hired IR consultant Peter Grandich (US$7,500 for the first three months, then US$2,500/month) and granted him 200,000 stock options, routine investor-relations spending.
4 Aug 2011material agreement termination▲ Good
Enertopia repaid in full a US$50,000 related-party loan from CAB Financial Services, part of a broader effort to reduce its liabilities alongside earlier debt settlements and forgiveness.
21 July 2011material agreement▲ GoodMajor
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.
15 July 2011quarterly activities report▼ Bad
Enertopia Corp. reported quarterly revenue of $0 and a net loss of $28 thousand for the period ended 2011-05-31.
28 June 2011material agreement● Neutral
Enertopia engaged IBK Capital to help raise up to $3 million in working capital via private placements, a routine capital-raising arrangement.
23 June 2011auditor change● Neutral
Enertopia's auditor Chang Lee LLP merged into MNP LLP, which the company then engaged as its new independent auditor; no disagreements were reported despite recurring going-concern doubts in prior audit opinions.
28 Apr 2011capital raising announcement▲ GoodMajor
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.
