M&A / Property
Enertopia Announces Corporate Update

ENRT · Price
Executive Summary
- Enertopia Corporation has entered into an agreement to sell its West Tonopah lithium project in Nevada to American Battery Technology Company for $500,000 USD.
- The buyer will also refund a $5,596 USD property bond held by the Nevada Division of Minerals to Enertopia.
- Closing is expected on or about January 20, 2026, providing additional capital for Enertopia to pursue other exploration and mining opportunities leveraging its patented technology.
Key Details
- Transaction: Sale of West Tonopah lithium project (NV).
- Buyer: American Battery Technology Company (ABAT).
- Purchase Price: $500,000 USD payable to Enertopia.
- Bond Refund: ABAT will refund the Nevada Division of Minerals property bond in the amount of $5,596 USD to Enertopia.
- Execution Date: January 15, 2026.
- Anticipated Closing: On or around January 20, 2026.
- No Finder’s Fees: The agreement specifies that no finder’s fees are payable.
- Strategic Rationale: Sale follows extensive cash‑flow analysis of the lithium market; proceeds will fund exploration of other industrial or metallic projects synergistic with Enertopia’s patented technology stack.
- CEO Quote: “We would also like to thank the American Battery Technology Team for its efforts in moving the Li project forward,” – Robert McAllister, CEO.
Notable Quotes
- “We would also like to thank the American Battery Technology Team for its efforts in moving the Li project forward.” – Robert McAllister, CEO, Enertopia Corporation
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May 22, 2026 · 07:31