Enertopia Corporation Closes First Tranche of $104,000 Private Placement to Advance Clean Energy Technologies
Enertopia Corporation has successfully closed the first tranche of its private placement, raising USD $104,000. The company will issue 1,040,000 common shares at a price of USD $0.10 each. Notably, one of the company's directors has purchased 150,000 shares, contributing USD $15,000. Additionally, a cash finder's fee of USD $1,120 was paid to third parties. The proceeds from this private placement will be allocated to furthering advancements in patented clean energy technologies and the company's patent-pending oxyhydrogen technology, as well as for general working capital. The new shares will be subject to a four-month hold period under Canadian securities laws and the Canadian Securities Exchange rules. The offering is pending customary regulatory approvals.
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