Enertopia Corporation Announces Listing on Canadian Securities Exchange (2024)

January 09, 2023 9:00 AM EST | Source: Enertopia Corporation

Kelowna, British Columbia--(Newsfile Corp. - January 9, 2023) - Enertopia Corporation (OTCQB: ENRT) ("Enertopia'' or the "Company") a company focused on building shareholder value through a combination of our Nevada Lithium claims, intellectual property, & provisional patents in the green technology space, is very pleased to provide the following update.

The Company is pleased to announce that effective at the open of market today, January 9, 2023, the Company's shares will begin trading on the Canadian Securities Exchange ("CSE") under the trading symbol ENRT. The shares will be quoted on the CSE in Canadian currency. Enertopia shares will also continue to be quoted and trade on the OTCQB under the trading symbol ENRT, in US currency.

Company information including Bid and Ask prices will be available on the CSE website at www.thecse.com.

Enertopia has filed a listing statement dated January 6, 2022 (the "Listing Statement") with the CSE which is available on SEDAR under the Company's profile at www.sedar.com.

The Company believes its new listing on the CSE will provide better opportunities for Canadian investors to invest in Enertopia. This now gives Canadian investors the ability to use their Registered Retirement Savings Accounts or Tax-Free Savings Accounts to purchase Enertopia stock. Any investor requiring that Enertopia shares be listed on a qualified national stock exchange may now be able to invest in the Company.

The Company thanks its shareholders for their continued support.

About Enertopia

Defines itself as an Environmental Solutions Company focused on using modern technology on extracting lithium and verifying or sourcing other intellectual property in the EV & green technologies to build shareholder value.

Enertopia shares are quoted in the United States on the OTC Markets under ticker symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President at 1-888-ENRT201.

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its mining or technology projects, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes in the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. There can be no assurance that the patent pending technologies will be granted patents or show economic viability or West Tonopah Lithium project will ultimately have a drill defined resource and if so that that resource will be economic. User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities.

The OTC Markets and the Canadian Securities Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Enertopia Corporation Announces Listing on Canadian Securities Exchange (1)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150645

Enertopia Corporation Announces Listing on Canadian Securities Exchange (2)

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Enertopia Corporation Announces Listing on Canadian Securities Exchange (2024)

FAQs

How to list on the CSE? ›

How to List
  1. Disclosure. Required disclosure, documents, and forms are displayed on each company's unique CSE disclosure page.
  2. Periodic Reporting. Provide monthly activity reports and periodically certify that the listing is in compliance with applicable securities law.
  3. Maintenance Fee. Pay the monthly maintenance fee.

What is the listing committee of the CSE? ›

The Listing Committee is comprised of at least two senior members of the Listings & Regulation Division and an officer from another CSE division (excluding those that perform any listing business development functions or carry on similar activities).

What is the CSE stock exchange? ›

Canadian Securities Exchange (CSE), operated by CNSX Inc., is a stock exchange domiciled in Canada. When recognized by the Ontario Securities Commission in 2004, CSE was the first new exchange approved in Ontario in 70 years.

What is the difference between CSE and TSX? ›

The TSX Venture Exchange (TSXV), an exchange for the securities of early-stage businesses. NEX is a division of the TSXV for issuers that have fallen below the TSXV's continued listed requirements. The Canadian Securities Exchange (CSE), an exchange designed for emerging issuers.

How many companies are listed on the CSE? ›

The CSE surpasses 800 listed issuers.

What is the role of the IPO committee? ›

Committees prepare reports and develop recommendations for the IPO Board of Directors on current IP law, policy, and business issues. IPO members are invited to join a committee which operates on 2-year terms. The current term began January 1, 2024 and ends December 31, 2025.

Can Americans trade on CSE? ›

Many major U.S. broker-dealers can facilitate trading through the facilities of the CSE, subject to U.S. securities laws.

Can Americans invest in CSE? ›

The CSE is recognized by the Securities and Exchange Commission (SEC) in the U.S. as a Designated Offshore Securities Market, as are the other Canadian exchanges. The CSE is also recognized by the OTCQX market and the Frankfurt Stock Exchange for the purpose of listing criteria.

What is the Canadian stock exchange called? ›

The Toronto Stock Exchange (TSX; French: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada.

How long does a direct listing take? ›

Once the S-1 is filed, the SEC makes comments that require revisions to the form, and the back and forth typically takes ten to twelve weeks before the securities can be publicly listed.

Why list on the TSX? ›

Going public enhances your company's visibility. Greater public awareness gained through media coverage, publicly filed documents and coverage of your shares by sector investment analysts can heighten the profile and credibility of your company.

What is the minimum public float? ›

Currently, as per market regulations, all listed companies must maintain an MPS of 25%. Newly listed firms are given three years to meet the requirement of 25% public float. For issuers with a post-issue market cap of over ₹1 trillion Sebi had eased the deadline for 25% MPS to give five years.

What is the minimum capitalization for IPO? ›

The National Stock Exchange (NSE) is one of the two primary stock exchanges in India. To list as a public company in NSE, a company must follow these prerequisites: Its paid-up equity capital should not be less than ₹10 crore, with a minimum capitalization on equity being issued of ₹25 crore.

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