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$157,500
for its Private Placement announced on August 8, 2016. Enertopia will be issuing 4,500,000 common
shares at CAD$0.035 and 4,500,000 whole warrants that expire on August 9, 2018 with an exercise
price of USD $0.07 during the 24 month period.