Enertopia Corp (ENRT)

[alfie63]

Enertopia Closes Final Tranche of Financing

Kelowna, BC -- May 25, 2018 -- InvestorsHub NewsWire -- Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE (the "Company" or "Enertopia") is pleased to announce it has closed the final tranche of CAD $148,200 for its Private Placement announced on April 16, 2018. Enertopia will be issuing 2,470,000 common shares at CAD$0.06 and 2,470,000 whole warrants that expire on May 25, 2020, with an exercise price of USD $0.075 during the 24 month period.

A cash finder's fee for CAD $5,820 and 70,000 full broker warrants was paid to third parties. All full broker warrants expire on May 25, 2020, with the same exercise terms as noted above.

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. Proceeds of the Private Placement will be used for continued Lithium Brine division development, project development, and general working capital. The Private Placement will be subject to normal regulatory approvals.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.