Categoría: Influencers

KELOWNA, British Columbia, Jan. 14, 2021 /PRNewswire/ — Enertopia Corporation (ENRT) on the OTC (the «Company» or «Enertopia») is pleased to announce it has closed $180,000 from a Private Placement. Enertopia will be issuing 3,000,000 common shares at USD $0.06 and 1,500,000 whole warrants that expire on January 14, 2022, with an exercise price of USD $0.09 per whole warrant during the 12-month period.

No finders fees were paid with respect to this financing.

Lithium Claystone Testing Update:

The Company is waiting for one new piece of additional test equipment for the next phase of solution testing. Once received, this will enable the Company to further analyze the patent potential of its synthetic solution process in a low CAPEX mining and processing scenario.

Additionally, 2021 will also see renewed activity on our Clayton Valley lithium project as we continue to move the project forward. «Enertopia looks forward to expanding our modern technology to create a better way to mine and protect our environment. We are enthusiastic in becoming the leaders in this mining method,» Stated President and CEO Robert McAllister.

Solar Patent Technology Update:

On December 15th, 2020 The Company announced the acquisition of USPTO Patent #6,024,086, since that time The Company’s Clean Energy advisors have been working to update the patent.  The Company will provide further information once the updated patents pending have been filed.

Enertopia Corp. continues to review and test additional technologies as it works to make mining a more ESG friendly industry. The Company expects to announce additional patented & patent-pending technologies in the calendar year 2021based on our due diligence and own testing research.

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, additional technology, 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.

About Enertopia:

A Company focused on using modern technology on extracting lithium and verifying or sourcing other intellectual property in the EV and green technologies to build shareholder value. 

Enertopia shares are quoted in the United States with 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 testing for 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, or that current talks with respect to potential joint ventures or partnerships will result in definitive agreements. There can be no assurance that patent #6,024,086 will have will 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 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact: Robert McAllister, the President at 1.888.ENRT201

View original content:http://www.prnewswire.com/news-releases/enertopia-provides-corporate-update-301207982.html

SOURCE Enertopia Corporation

WOODBRIDGE, Conn., Jan. 14, 2021 /PRNewswire-PRWeb/ — P2 Science Inc., a green chemistry company, announced that John Revay has joined the senior management of the company to lead the financial function.

Revay has many years of experience in financial leadership roles, including stints as CFO at Unison Energy and Apollo Solar. He joins P2 full-time after consulting with the company during the installation of a new ERP system during 2020.    

«We are very happy to add such an accomplished and well-known financial leader to our growing team,» said P2 CEO, Neil Burns. «The financial side of our company is in good hands with an executive of John’s stature.»

Revay graduated from Fairfield University in Connecticut with a degree in finance and got his start in the field with PwC in the audit area. He has a strong record of upgrading systems and controls in growing businesses.

«I am thrilled to join such an innovative and successful company,» said Revay. «I look forward to helping P2 achieve our ambitions as the company commercializes impactful and creative green chemistry.»

Revay is based at P2’s Naugatuck, CT green manufacturing facility.

About P2 Science:
P2 Science is a green chemistry company, co-founded by Professor Paul Anastas, head of the Yale Center for Green Chemistry and Green Engineering. P2 has developed and patented technologies for converting renewable feedstocks into high-value specialty products.

Investors in P2 include BASF Venture Capital, Xeraya Capital, Elm Street Ventures, Connecticut Innovations, Ironwood Capital, HG Ventures and Chanel. The company started up its first manufacturing plant in September of 2018 which produces novel renewable aroma chemicals and cosmetic ingredients. For more information, visit http://www.p2science.com.

Media Contact

Neil Burns, P2 Science, +1 (732) 688-9585, neil@p2science.com

SOURCE P2 Science

BOSTON, Jan. 14, 2021 /PRNewswire-PRWeb/ — Multiple rounds of tax increases aimed at high earners and corporations triggered an exodus from Connecticut of large employers and wealthy individuals, according to a new study published by Pioneer Institute.

«It’s no coincidence that the state’s ongoing economic struggles have corresponded with a string of experimental tax hikes,» said Greg Sullivan, who co-authored «Connecticut’s Dangerous Game: How the Nation’s Wealthiest State Scared Off Businesses and Worsened Its Fiscal Crisis,» with Andrew Mikula.

Over the last quarter-century, Connecticut has endured a series of budget crises. To cover ballooning costs, the state enacted sharp tax increases, including four income tax hikes in the last 20 years that caused the top rate to jump by 77 percent.

Connecticut Governor Ned Lamont said that the tax increases «totally disadvantage the state,» noting that it already has «some of the highest income tax rates in the country and we pay a price for that.»

In recent years, Connecticut has increasingly turned to high earners and large companies to close budget gaps, doubling a surcharge on large firms, establishing and then increasing a tax on luxury goods, and raising the income tax for the state’s highest earners.

The results have been disastrous. From 2008 to 2020, the state placed 49th among the states in private sector wage growth. In just the last couple of years, General Electric and Alexion Pharmaceuticals both moved their headquarters to Massachusetts. The flight of jobs has in turn affected existing homeowners, and before COVID-19, property values in wealthy Fairfield County were still 18 percent below their 2006 peak.

Further, these tax increases have failed to stabilize Connecticut’s finances, and large deficits continue to be projected for the state.

According to 2016 Connecticut Department of Revenue Services data, the state’s wealthiest 3 percent of families account for 41 percent of all income tax revenue. Between 2012 and 2018, Connecticut lost high earners at a rate that trailed only Washington, D.C., and those who fled earned more on average than taxpayers who migrated into the state.

Despite rate increases, the amount of taxes paid by Connecticut’s 100 top taxpayers plummeted 45 percent between 2015 and 2016 alone.

Massachusetts took a very different approach in the wake of the 1990-91 recession. A state income tax that was once 6.25 percent now stands at 5.0 percent. In recent years, the Commonwealth has gained millionaires at a higher rate than the national average, and nearly twice the rate of Connecticut.

Between January 2008 and January 2020, employment in Massachusetts grew by 12.5 percent. In contrast, Connecticut still hasn’t recovered all the jobs it lost during the Great Recession, and those it has created are, on average, lower paying.

Massachusetts has also benefited from Connecticut’s struggles to retain major corporations and wealthy individuals, and Connecticut is one of the few states from which taxable income migration to Massachusetts has been positive in recent years. That said, wealth migration remains a concern in Massachusetts, especially given the large scale of tax avoidance.

«Leaving has never been easier,» said Pioneer Institute Executive Director Jim Stergios. «In some cases, high earners can stay put and simply move money into trusts located in other states.»

About the Authors

Andrew Mikula is a Research Assistant at Pioneer Institute. Mr. Mikula was pre¬viously a Lovett & Ruth Peters Economic Opportunity Fellow at Pioneer Institute and studied economics at Bates College.

Gregory Sullivan is Pioneer’s Research Director. Prior to joining Pioneer, Sullivan served two five-year terms as Inspector General of the Commonwealth of Massachusetts and was a 17-year member of the Massachusetts House of Representatives. Greg is a Certified Fraud Investigator, and holds degrees from Harvard College, The Kennedy School of Public Administration, and the Sloan School at MIT.

About Pioneer

Pioneer’s mission is to develop and communicate dynamic ideas that advance prosperity and a vibrant civic life in Massachusetts and beyond.

Pioneer’s vision of success is a state and nation where our people can prosper and our society thrive because we enjoy world-class options in education, healthcare, transportation, and economic opportunity, and where our government is limited, accountable and transparent.

Pioneer values an America where our citizenry is well-educated and willing to test our beliefs based on facts and the free exchange of ideas, and committed to liberty, personal responsibility, and free enterprise.

Media Contact

Micaela Dawson, Pioneer Institute, 617-723-2277, micaela@pioneerinstitute.org

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SOURCE Pioneer Institute