Enertopia Corporation has successfully closed the first tranche of financing for its Private Placement.
The company issued 1,040,000 common shares at USD$0.10 each, raising a total of USD $104,000.
A Director of the company purchased 150,000 shares from the first tranche, contributing USD $15,000 to the Company.
Fundraising Success
Enertopia Corporation raised a total of USD $104,000 through the Private Placement, issuing 1,040,000 common shares at USD$0.10 each.
Director's Share Purchase
One Director of the company purchased 150,000 shares from the first tranche, supporting the fundraising efforts with USD $15,000.
Cash Finder's Fee
A cash finder's fee of USD $1,120 was paid to third parties as part of the transaction.
- Enertopia Corporation intends to use the proceeds for patent and patent-pending technology advancement as well as general working capital.
- The closing of the first tranche marks a significant step towards the company's goals in advancing clean energy technologies and oxyhydrogen technology development.
Enertopia Corporation's successful closing of the first tranche of financing demonstrates investor confidence in the company's growth potential and technology advancement plans. The funds raised will fuel further innovation and development in the clean energy sector.