Agoracom Blog Home

Author Archive

Enertopia Welcomes Mr. Jeff Paikin to Advisory Board

Posted by AGORACOM-JC at 8:00 AM on Monday, April 14th, 2014

Vancouver, BC—Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce Mr. Jeff Paikin.

Mr. Jeff Paikin has joined Enertopia’s Advisory Board. Mr. Paikin is well known throughout the GTA (Greater Toronto Area) as the President of New Horizon Development Group and for his extensive community involvement.  Mr. Paikin is the past Chair and a current Board Member of the Canadian Accredited Independent Schools; a member of the Hamilton Tiger-Cats Advisory Board, and for 29 years has been on the Committee of B’Nai Brith Sports Celebrity Dinner in Hamilton, ON.

Mr. Paikin was named Hamilton’s Royal Bank of Canada Distinguished Citizen of the Year for 2013. He is a past Member of the Campaign Cabinet for The Children’s Aid Society and of the Hamilton Health Sciences Foundation, among many others.

Mr. Paikin is eligible to receive up to 472,500 restricted common shares of stock over time in his role as an Advisory Board member, depending on certain specified performance thresholds being reached. Enertopia continues to build its team of experts and consultants in all aspects of its business and expects to continue this growth in the near future.

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

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

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, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects  for participation and/or financing, competitive positions, 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 of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates.  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.  There is no assurance that the Company will be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any will future sales will result or any advisor will have a material impact on the Company.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

AGORACOM Small Cap TV “Best Of The Best” Stock Picks Of The Week – April 12, 2014

Posted by AGORACOM-JC at 1:47 PM on Saturday, April 12th, 2014

AGORACOM Founder, George Tsiolis and Chief Market Commentator, Allan Barry Go Via Satellite to discuss and debate Allan’s Best picks this week. Companies Included on this week’s show are:

BoB 041214

WHY IS JULY 11, 2013 SO IMPORTANT?

Allan and George have already put their viewers well ahead of the game by starting their weekly broadcasts on July 11, 2013 on the thesis that great small-cap companies were so oversold they could not be ignored. One look at the TSX Venture Index proves they hit the nail on the head … but that doesn’t come close to telling the whole story with most of their picks far outperforming an index bloated with zombie companies.

711 TSXV

THEN THEY DID IT AGAIN AT TAX LOSS SELLING SEASON

When the first run from July 11 ran its course, small cap investors made the mistake of thinking small caps had run their course.  George and Allan knew better and they geared up for run #2, airing this special episode on December 18 where they each made their top 6 picks for the next 45 days ending January 31st … the results were again outstanding:

Tax Loss Selling Result Headline

Find out which companies Allan and George like this week by watching the video below!

Want to catch up on previous shows?

Weekly “Best Of The Best” Summarizing The Best Picks From Our Daily Shows. Posted Every Friday Afternoon Watch Here

Daily “Small-Cap Breakfast” Where You FIRST Hear Allan’s Picks (Posted Every Day Around 11:00 AM) Watch Live Here

THIS WEEK’S SHOW SPONSORED BY THE FOLLOWING GREAT SMALL CAP COMPANY:


Virtutone Networks VFX:TSXV; BSM Technologies GPS:TSXV; Cynapsus Therapeutics CTH:TSXV; Pretium Resources PVG:TSX; McEwen Mining MUX:TSX; Great Panther Silver GPR:TSX; Stornoway Diamonds  SWY:TSX; First Majestic Silver FR:TSX; Endeavour Silver EDR:TSX; Avino Silver & Gold Mines ASM:TSXV; Fission Uranium FCU:TSXV

 

Next Gen Metals’ President Harry Barr’s Video Interview Discusses Inaugural GreenRush Financial Conference Covering the Medical Marijuana and Related Industries – Video Posted on InvestmentPitch.com

Posted by AGORACOM-JC at 6:44 PM on Friday, April 11th, 2014

Vancouver, British Columbia–(Newsfile Corp. – April 11, 2014) – Harry Barr, President of Next Gen Metals (CSE: N) and its subsidiary GreenRush Financial Conferences, is interviewed by George Tsonitis of Agoracom. It the interview, Harry Barr discusses his extensive public markets background and potential for the medical marijuana, industrial hemp and related industries.

This video interview can be viewed at InvestmentPitch.com. If this link is not enabled, please visit www.InvestmentPitch.com and enter “GreenRush” in the search box.

If you cannot view the video above, please visit:
http://www.investmentpitch.com/video/0_enqewytm/GreenRush-Financial-Conferences–Interview-with-Harry-Barr–Entrance-to-the-Explosive-Medical-Marijuana-Industry

The first conference will be held on May 7, 2014 at the Vancouver Convention Centre East, located in the Pan Pacific Hotel, with a second conference to be held in Toronto.

The conferences will feature insightful speakers, government officials, health and industry specialists, public and private companies, fund managers, bankers, brokers, analysts, and media who share a common interest in the Medical Marijuana, Industrial Hemp and Alternative Medicine industries.

For more information, to book a booth, or to register for any of the GreenRush Conferences, please visit the conference’s website www.greenrushfinancialconferences.com or email [email protected]

For more information about Next Gen, please visit www.NextGenMetalsInc.com, phone 604-685-1870 or email [email protected].

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

AGORACOM Warned You – Facebook IR Will Fail You…Proof Is Now In

Posted by AGORACOM-JC at 9:45 AM on Friday, April 11th, 2014

Good morning to our small-cap CEO’s and IRO’s, as well as all our new additions.  Every 2-4 weeks for the last 7 years, we’ve provide small-cap companies with “small-cap intelligence” – information that helps you make better decisions.

For those of you who are new to the list, we were very pleased to announce the following earlier this year:

AGORACOM Hits 37 Million Page Views, 4.4 Million Visits In 2013

AGORACOM Small-Cap Videos Break 500,000 Views, Dominate Search Engine Results

On March 17, 2011, AGORACOM made the following presentation at the Vancouver IR Conference to a packed house of CEO’s and IRO’s.  Yes, we can draw a good crowd wherever we present but this one was standing room only due to the subject of our presentation:

Why Facebook Investor Relations Will Fail You (click on link to watch the presentation)

In our presentation, we outlined several reasons for our warning that were summarized as follows:

But relying on Facebook as your primary online investor relations destination is a recipe for disaster.  Contrary to what Social Media IR Experts (aka “Pretenders”) will tell you, Facebook IR will fail you.

Today, after an overwhelming number of failed attempts by small-cap companies we unfortunately have the final nail in the coffin for both small and large cap companies via the following article from one of the leading online experts:

In short, Facebook has pulled a bait and switch on every brand / company that has worked hard over the last several years to build and communicate with their own fans/followers/investors via Facebook Fan Pages.  Specifically, Facebook now decides what messages your followers see when you post to your own Facebook page.

The result is that a very small percentage of your investors will now see the messages you post and expect them to see … UNLESS YOU PAY FACEBOOK A FEE

That’s not a typo.  It’s 100% true.  Despite all the effort companies may have put in to build their audience, Facebook is now going to limit your reach and make you pay to get full reach.  The result has driven and is going to drive away companies from Facebook:

 

Tech billionaire and Dallas Mavericks owner Mark Cuban says he is fed up with Facebook and will take his business elsewhere. He’s sick of getting hit with huge fees to send messages to his team’s fans and followers.

Two weeks ago Cuban tweeted out a screen grab of an offer he’d received from Facebook. The social network wanted to charge him $3,000

There it is folks.  Nothing comes for free and nothing is worse than a bait and switch.  There are some other strong reasons why we predicted Facebook IR will fail you in our presentation but this is the nail in the coffin.

CONTACT US TO DISCUSS YOUR ONLINE IR NEEDS AND OUR POTENTIAL SOLUTIONS

I thank-you for reading and trust you found this information to be helpful.  If you’re ready to step into real and sustainable online investor relations for 2014 and beyond, please contact me below.

** INQUIRE ABOUT OUR CASHLESS PROGRAM FOR QUALIFIED COMPANIES

Small-Cap Companies Listed On The OTCQB / TSX Venture / Canadian Securities Exchange Qualify For Our Hugely Popular Shares For Services Program.  Get All The Firepower Of AGORACOM Without Paying $1 In Cash.

Best Regards,

George Tsiolis, LL.B

Founder & President

AGORACOM Investor Relations

Virtutone Achieves $500,000 a Day in Revenue

Posted by AGORACOM-JC at 9:41 AM on Friday, April 11th, 2014

BREAKING NEWS…

Virtutone Achieves $500,000 a Day in Revenue

  • Announced that it has achieved a new daily revenue record of over $500,000 in revenue Wednesday April 9th, 2014
  • “This is a great milestone that we have achieved” said Jason Allen, Chief Executive Officer of Virtutone. “Due to our strong balance sheet, we are leveraging our strong financial position to increase organic sales as we had projected, while maintaining our margins.”

OTHER FINANCIAL HIGHLIGHTS

  • $9.12 million in revenue for March 2014.
  • $7.7 million in revenue for February/ Increase in gross margins
  • $9.2 million in revenue for January 2014
  • $8.45 million in revenue for December 2013
  • $7.2 million in revenue for November 2013
  • $3.95 million in revenue for October 2013

Hub On AGORACOM / Corporate Profile / Read Release

—————————————–

Virtutone Achieves $500,000 a Day in Revenue

Sherwood Park, Alberta / April 11th, 2014 / Virtutone Networks Inc. (“Virtutone” or the “Company”) (TSX Venture: VFX.V) is pleased to announce that it has achieved a new daily revenue record of over $500,000 in revenue Wednesday April 9th, 2014.

“This is a great milestone that we have achieved” said Jason Allen, Chief Executive Officer of Virtutone. “Due to our strong balance sheet, we are leveraging our strong financial position to increase organic sales as we had projected, while maintaining our margins. ” “We have also updated our investor presentation, which is available now on our website at www.virtutone.com”

For further information please contact Jason Allen at 780-702-5777.

About Virtutone Networks Inc.

Virtutone Networks Inc. is a technology company based in Sherwood Park and is listed on the TSX Venture Exchange in Canada. The company is a leading supplier of managed telecommunication services, including: Voice over IP services, Fax over IP services, Hosted PBX services, DSL & T1 data circuits, wireless solutions for mobile work forces and SCADA networks, and network management and IT-related products. Additional information can be found on the company’s website at www.virtutone.com.

This document may contain certain forward-looking information or statements (“Forward-looking statements”) as defined under applicable securities legislation that involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks include, without limitation, risks related to: the termination, non-renewal of or default under of any current or new wholesale contracts; changes in the global economy; a failure to negotiate new customer contracts; changes in legislation or the interpretation thereof, particularly in the telecommunications industry. Forward-looking statements are any statements other than statements of historical fact. The use of any “plan” “expect ” “project” “believe” “should” “anticipate” or other similar words or statements that certain events “may” or “will” occur are intended to identify forward-looking statements. In particular, forward-looking statements included in the press release include, without limitation, statements regarding: the impact of the new voice traffic contracts; timing and completion of the transition of new voice traffic; the sustainability of the new revenue stream; increased leverage with suppliers; additional deals currently being worked on and the impact thereof; and negotiations relating to potential new customers. The forward-looking-statements contained herein are based on certain assumptions including, without limitation, assumptions regarding: global economic conditions; changes in laws and regulations; the impact of Virtutone’s new contracts; the market for wholesale telephony services; the maintenance of new and current wholesale contracts; and the ability to add new wholesale clients. Although management believes the expectations reflected in the forward-looking statements contained herein are reasonable, no assurances can be given that any of the events anticipated in forward-looking statements will occur, or, if they do, what benefits Virtutone will derive therefrom. As such readers are cautioned not to place undue reliance on forward-looking statements, which are effective only as of the date of this document or as of the date otherwise specifically indicated herein. Virtutone assumes no obligation to update forward-looking statements, except as required by applicable law. The historical revenue numbers for the new wholesale contracts do not represent estimates of future revenues to be received by the Company. As these contracts do not contain any minimum traffic requirements, revenue generated on such contracts will vary from month to month, and such variations may be material. The Company cannot provide any assurances as to the revenues to be generated by such contracts once the transition is complete.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

AGORACOM Small Cap Stock TV – April 10, 2014

Posted by AGORACOM-JC at 1:33 PM on Thursday, April 10th, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

 

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s April 10th and we’ve found 9 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:

Enertopia (TOP.C),

Lexaria (LXX.C),

Osisko Mining (OSK.T),

Golden Star (GSC.T),

Painted Pony Petroleum (PPY.T),

McEwen Mining (MUX.T),

NGEx Resources (NGQ.T),

Great Panther Silver (GPR.T),

Stornoway Diamond Corp. (SWY.T)

Update on Management Positions and Sampling Process

Posted by AGORACOM-JC at 9:35 AM on Thursday, April 10th, 2014

VANCOUVER, BRITISH COLUMBIA / April 10th 2014 / Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, “Pacific Potash”, “the Company”) is pleased to announce:

Appointment of Dr. Cookenboo to replace Mr. Costa as Consulting Geologist for the Amazonas Potash Project

The Company today announces the appointment of Dr. Harrison Cookenboo as its geological consultant in charge of the development of the Company’s Amazonas Potash Project. Dr. Cookenboo, Ph.D., P.Geo., is a member of the British Columbia Association of Professional Engineers and Geologists, and a Fellow of the Geological Association of Canada. Dr. Cookenboo co-authored the Company’s initial 43-101 technical report on the Amazonas Potash Property. He has consulted, examined, evaluated and reported on numerous Brazilian based projects including commodities such as diamonds, gold, silver and many more commodities since the early 2000’s.

Dr. Cookenboo replaces Mr. Andre Costa who tendered his resignation as Chief Geologist to the Company, effective February 28, 2014, to pursue other independent consulting assignments.

Appointment of Mr. John Santos as General Manager of Potassio Ocidental

The Company also announces the appointment of Mr. John Santos as the General Manager of the Company’s wholly owned Brazil subsidiary, Potassio Ocidental. Mr. Santos is a businessman with experience dealing in all aspects of the Brazilian mining industry including government negotiations and reporting.

Update on Shipment of Samples

Further to the Company’s new release of March 31st, 2014, Mr. Santos reports that Potassio Ocidental continues to work with the Brazilian government on acquiring the export permit to ship the core samples to Vancouver, Canada by air freight via Belo Horizonte and Toronto. Management anticipates that results will be available in approximately 3 weeks. Management wishes to thank shareholders for their patience.

We Seek Safe Harbor.

On behalf of the Board,

Pacific Potash Corporation

Balbir Johal

Executive Co-Chairman, Director & CEO

For further information, please visit our website at www.pacificpotash.com or +1 604.895.7446.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution concerning forward-looking information
This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Pacific Potash in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Pacific Potash’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Pacific Potash disclaims any obligation to update or revise any forward-looking information or statements except as may be required.

Lexaria’s First Marijuana Production Facility

Posted by AGORACOM-JC at 8:35 AM on Thursday, April 10th, 2014

Kelowna, BC / April 10, 2014 / Lexaria Corp. (LXRP-OTCQB) (LXX-CSE) (the “Company” or “Lexaria”) announces it has entered agreements for its first co-owned and co-managed marijuana production facility in Canada.

The facility is comprised initially of roughly 30,000 square feet of space, with a right of first refusal having been acquired for another 45,000 square feet to accommodate future growth. Planned production areas have 22 foot ceilings which will allow for the possibility of a 2nd mezzanine level in many areas, allowing for additional future expansion.

Lexaria will own 49% interest in the production facility by paying 55% of all initial and ongoing expenses related to the project. Lexaria’s Joint Venture partner, Enertopia Corp, will own a 51% interest in the production facility and pay 45% of costs. Lexaria will also issue a one-time payment of 500,000 restricted common shares to Enertopia. There are no overriding interests payable to any entity. An initial 5-year lease has been entered, with options to renew the lease for another 15 years.

The facility will be co-managed by Enertopia and by Lexaria, and initial interior architectural design will begin immediately, with a respected architectural firm having already been selected. A construction firm has also been selected to perform the build-out. A highly experienced design and operating team directly employed by the Enertopia/Lexaria Joint Venture is being assembled and members of this team will be announced soon.

Lexaria acknowledges and thanks Don Shaxon for his instrumental assistance in putting this project together, and expects him to be named Manager of the new facility. A Health Canada license application will be submitted as soon as possible, in compliance with all MMPR requirements.

The Company cautions that the facility is located in a Canadian municipality that has not yet officially approved medical marijuana production, but there are indications that such official approval will be forthcoming by June, 2014. Should the municipal approval not arrive, the companies may exit the lease without penalty. One officer/director of Lexaria is a shareholder of Enertopia; and one officer/director of Lexaria is a shareholder/officer of Enertopia.

Lexaria is issuing 55,000 restricted common shares at a deemed price of CDN$0.40 for its 55% share of the lease payments for the first 60 days.

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 Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns.

To learn more about Lexaria Corp. visit http://www.lexariaenergy.com/.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.
Chris Bunka
Chairman & CEO
(250) 765-6424

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. 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, competitive positions, 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 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. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments or workovers will have any effect on oil or gas production; no assurance that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions including but not limited to surface flooding can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana business will provide any benefit to Lexaria, and no assurance that the proposed new facility will be built or proceed, nor that municipal or Health Canada regulatory approvals will be obtained.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

Enertopia Announces Ontario MMJ Project

Posted by AGORACOM-JC at 8:00 AM on Thursday, April 10th, 2014

Vancouver, BC—Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia“) is pleased to announce it has agreed to terms to upgrade a 30,000 square foot facility that can be increased to 75,000 square ft.

The facility is comprised initially of roughly 30,000 square feet of space, with a right of first refusal having been acquired for another 45,000 square feet to accommodate future growth. Planned production areas have 22 foot ceilings which will allow for the possibility of a 2nd mezzanine level in many areas, allowing for additional future expansion.

Enertopia will own 51% interest in the production facility by paying 45% of all initial and ongoing expenses related to the project. Enertopia’s Joint Venture partner, Lexaria Corp, will own a 49% interest in the production facility and pay 55% of costs. Enertopia will receive a one-time payment of 500,000 restricted common shares of Lexaria. There are no overriding interests payable to any entity. An initial 5-year lease has been entered, with options to renew the lease for another 15 years.

The facility will be co-managed by Enertopia and by Lexaria, and initial interior architectural design will begin immediately, with a respected architectural firm having already been selected. A construction firm has also been selected to perform the build-out. A highly experienced design and operating team directly employed by the Enertopia/Lexaria Joint Venture is being assembled and members of this team will be announced soon.

A Health Canada license application will be submitted by Enertopia as soon as possible, in compliance with all MMPR requirements.

The Company cautions that the facility is located in a Canadian municipality that has not yet officially approved medical marijuana production, but there are indications that such official approval will be forthcoming by June, 2014. Should the municipal approval not arrive, the companies may exit the lease without penalty. One officer/director of Lexaria is a shareholder of Enertopia; and one officer/director of Lexaria is a shareholder/officer of Enertopia.

Enertopia issued 38,297 shares in restricted stock for its 45% share of the lease payments for the next 60 days.

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

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

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, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects  for participation and/or financing, competitive positions, 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 of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates.  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.  There is no assurance that the Company will be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any technology will result in future sales.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

AGORACOM Small Cap Stock TV – April 9, 2014

Posted by AGORACOM-JC at 1:48 PM on Wednesday, April 9th, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

 

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s April 9th and we’ve found 6 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:

Timmins Gold (TMM.T),

Copper Mountain Mining (CUM.T),

Quest Rare Minerals (QRM.T),

Goldeye Explorations (GGY.V),

Clifton Star Resources (CFO.V),

Endeavour Silver (EDR.T)