Lithium Technology Bench Test Recovery
Underway
Vancouver, BC -- January 12, 2016 -- InvestorsHub NewsWire --
Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE (the
"Company" or "Enertopia") is pleased to announce the Lithium
recovery bench test is now underway, parameters for bench test data
are outlined in the press release dated December 13, 2016.
Results of the bench test will be released upon 3rd party
verification by an independent lab analysis. Enertopia and Genesis
Water Technologies Inc. (GWT) believe the Lithium processing
technology that is being used could change dramatically the current
footprint in the Lithium industry.
Enertopia and GWT a leading North American company in the field
of water treatment and brine recovery are working to evaluate the
feasibility of recovering lithium from brine with specialized
recovery technology.
"While we all eagerly await the bench test results in the coming
weeks, the Company is hard at work mapping out the next steps for
project advancement and corporate development", stated
President and CEO Robert McAllister.
2017 Lithium Market Update:
- While 2016 saw the emergence of the growing Electric Vehicle
(EV) demand and its resulting positive effect on Lithium demand and
sharply rising prices. Several Analysts predict the convergence of
EVs with driverless vehicles to accelerate the demand growth in the
Lithium sector. On January 3rd, auto maker Ford announced a new
$700 million Assembly Plant to create a factory capable of
producing high-tech electrified and autonomous vehicles. Ford also
announced it would launch fully electric SUV with an estimated
range of at least 300 miles and two new electrified police
vehicles.
- Recent news on the Lithium technology brine recovery side from
Pure Energy and MGX Minerals show how technology is changing the
Lithium brine mining recovery focus and the market acceptance of
these new and emerging technologies.
- Now for the first time, the market place is beginning to grasp
the importance of the convergence in EVs, artificial intelligence
for autonomous vehicles and emerging new Lithium recovery
technologies that when combined are changing and will change the
way our society moves around and the very positive effect this will
have on our World.
Enertopia looks forward in receiving the results of the bench
test analysis. We are continuing our ongoing exploration work at
our three Nevada Lithium brine projects and continued due diligence
in the mineral sector. Modern technology is revolutionizing ways
and providing a better way to mine and protect our environment. We
are enthusiastic in becoming leaders in this evolution, Stated
President and CEO Robert McAllister
About Enertopia
Enertopia is exploring a portfolio of three prospective lithium
projects in Nevada and reviewing other mineral projects, while
concurrently working with water purification technology partner GWT
using patent pending technology that is believed able to recover
Lithium from brine solutions.
Enertopias shares are quoted in Canada with symbol TOP and in
the United States with symbol ENRT. For additional information,
please visit www.enertopia.com or call Robert McAllister, the
President at 1.250.765.6412
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 technology,
mining projects, competitive positions, 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 of 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 brine recovery system will be effective for the recovery
of Lithium and if effective will be economic or have any positive
impact on Enertopia. The 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 CSE has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release