Vancouver, BC—Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE (the
“Company” or “Enertopia”) is pleased to announce it has closed the first tranche of CAD$40,000 for
its Private Placement announced on December 5, 2016. Enertopia will be issuing 1,000,000 common
shares at CAD$0.04 and 1,000,000 whole warrants that expire on January 20, 2019 with an exercise
price of USD $0.06 during the 24 month period.