false 2024-05-21 0001346022 Enertopia Corporation 0001346022 2024-05-21 2024-05-21

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 21, 2024

ENERTOPIA CORPORATION
(Exact name of registrant as specified in its charter)

Nevada 000-51866 20-1970188
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

#7 1873 Spall Road
 Kelowna, British Columbia, Canada V1Y 4R2
 (Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (250) 870-2219

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbols   Name of each exchange on which registered
Common Shares   ENRT   OTC Markets

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07  Submission of Matters to a Vote of Security Holders

Results of annual general and special meeting

On May 17, 2024, Enertopia Corp. ("Enertopia" or the "Company") held its 2024 annual and special meeting of stockholders (the "Annual Meeting") at Suite 501, 3292 Production Way, Burnaby, BC, Canada.  At the Annual Meeting, the Company’s stockholders voted by proxy on (1) the election of the following individuals to the board of directors: Robert McAllister, Kevin Brown, John Nelson; (2) the ratification of the appointment of Davidson & Company LLP ("Davidson & Company") as the Company’s independent registered public accounting firm for the year ending August 31, 2024; (3) approval of the consolidation of the Company's authorized share capital; and (4) advisory vote on executive compensation.

All of the proposals that the Company recommended were approved by the stockholders of the Company who voted with the results set out below:

Proposal For Against Abstain / Withheld
Director, ROBERT MCALLISTER 23,414,653 - 634,002
Director, KEVIN BROWN 22,823,162 - 952,493
Director, JOHN NELSON 22,829,862 - 945,793
Accounting firm:  Davidson & Company LLP 53,282,866 1,072,075 -
Consolidation of the Company's issued and outstanding share capital 42,421,554 11,933,387 -
Advisory vote on compensation 21,309,866 2,465,789 -

Item 7.01  Regulation FD Disclosure

On May 21, 2024, Enertopia Corp. ("Enertopia" or the "Company") issued a news release providing its results of its AGM, attached as Exhibit 99.1.

Item 9.01  Financial Statements and Exhibits
   
99.1 Press Release dated May 21, 2024

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ENERTOPIA CORP.
 
/s/ Robert McAllister
Robert McAllister  
President and Director  
   
May 21, 2024  

Exhibit 99.1

Enertopia Corporation Announces 2024 Annual and Special Meeting Results

Kelowna, British Columbia--(Newsfile Corp. - May 21, 2024) - Enertopia Corporation (OTCQB: ENRT) and (CSE: ENRT) ("Enertopia'' or the "Company") a company focused on building shareholder value through a combination of our Nevada Lithium claims, intellectual property, & patents in the green technology space, is pleased to provide the following update.

Enertopia held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 17, 2024. During the business portion of the meeting, shareholders approved all resolutions brought forward, including voting in favour of the consolidation proposal of our issued and outstanding shares of common stock.

Voting results for all resolutions and advisory votes are below:

1. Proposal: Election of Directors

The three director nominees were elected. Votes were received as follows:

Nominee

Votes for

Percent

Withheld

Percent

Robert McAllister

23,141,653

97.33

634,002

2.67

Kevin Brown

22,823,162

96.00

952,493

4.00

John Nelson

22,829,862

96.02

945,793

3.98

2. Proposal: Appointment of Auditors

The appointment of Davidson & Company LLP as Enertopia's auditor was approved. Votes were received as follows:

Votes for

Percent

Against

Percent

53,282,866

98.03

1,072,075

1.97

3. Proposal: Consolidation of our issued and outstanding shares of common stock

The special resolution to approve the Company's share consolidation was approved. Votes were received as follows:

Votes for

Percent

Against

Percent

42,421,554

78.05

11,933,387

21.95

4. Proposal: Advisory Vote on Executive Compensation

The advisory vote to accept the Company's approach to executive compensation was supported by shareholders. Votes were received as follows:

Votes for

Percent

Against

Percent

21,309,866

89.63

2,465,789

10.37

"We appreciate the time and effort our shareholders took to vote. Your support is an integral part of our path forward. We look forward to providing technology and property updates over the coming weeks and months," stated President and CEO Robert McAllister.

 

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 listed for trading in Canada and quoted in the United States 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 mineral exploration 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 drilling will result in an economic deposit or have any positive impact on Enertopia. There can be no assurance that the three pending patents will become patents and will have a 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 OTC Markets and the CSE have not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

v3.24.1.1.u2
Document and Entity Information Document
May 21, 2024
Document Information [Line Items]  
Document Type 8-K
Document Creation Date May 21, 2024
Document Period End Date May 21, 2024
Amendment Flag false
Entity Registrant Name Enertopia Corporation
Entity Address, Address Line One #7 1873 Spall Road
Entity Address, City or Town Kelowna
Entity Address, State or Province BC
Entity Address, Country CA
Entity Address, Postal Zip Code V1Y 4R2
Entity Incorporation, State Country Name NV
City Area Code 250
Local Phone Number 870-2219
Entity File Number 000-51866
Entity Central Index Key 0001346022
Entity Emerging Growth Company false
Entity Tax Identification Number 20-1970188
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Shares
Trading Symbol ENRT
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