30 unchanged sentences
Estimated respective yearly holding fees to the BLM $17,600 and $1,068 to Esmeralda County NV.
−Removed: Enertopia Claim name State or Federal Agency Claim number from Claim number to
−Removed: MS 1-88 BLM NV 105296951 NV 105297038
−Removed: MS 1-88 Esmeralda County, NV 230856 230943
−Removed: The Company completed its maiden drill program in June 2022 and a second phase drill program April 2023 and a 43-101 Technical Report November 2023.
+Added: Enertopia Claim name
+Added: State or Federal Agency
+Added: Claim number from
+Added: Claim number to
+Added: Esmeralda County, NV
+Added: The Company completed its maiden drill program in June 2022, a second phase drill program April 2023 and a 43-101 Technical Report was filed in November 2023.
Further information can be found at www.enertopia.com.
−Removed: The company continues to test off-the-shelf technology under the potential for lower capex scenarios in lithium extraction.
−Removed: NON PROVISIONAL PATENTS
+Added: NON PROVISIONAL PATENTS AND ISSUED PATENTS
On November 4, 2021, the Company announced the provisional patent filing known as Energy Management System, this was subsequently filed as a non-provisional patent on November 2, 2022.
4 unchanged sentences
On May 23, 2022 the Company announced the filing of Non provisional patent #2, known as Enertopia Heat ExtractorTM Heat Extractor Technology can be used behind the PV panels or in a glazed format on their own to create liquid temperatures to 200 degrees Fahrenheit.
−Removed: We have been notified by the United States Patent Trademark Office (USPTO) of our pending patent is at the allowance stage of the patenting process 17/751,305 (Heat Recovery System).
−Removed: We now expect the patent to be issued in due course.
+Added: The United States Patent Trademark Office (USPTO) has notified the Company that patent number 12224704 was issued on February 11, 2025.
On August 15, 2022 the Company announced the filing of Non provisional patent #3, known as Enertopia Rainmaker TM By cooling the backside of the PV panels below the dew point the atmospheric moisture condenses on the back side of the panel and drips as rain into the tray collecting the water.
−Removed: We have been notified by the United States Patent Trademark Office (USPTO) of our pending patent is at the allowance stage of the patenting process 17/888,320 (Water Producing System for a Liquid Transfer Mat).
−Removed: We now expect the patent to be issued in due course.
+Added: The United States Patent Trademark Office (USPTO) (Water Producing System for a Liquid Transfer Mat) has notified the Company patent number 12231085 was issued of February 18, 2025.
The continuation of our business is dependent upon obtaining further financing, a successful program of development, and, finally, achieving a profitable level of operations.
9 unchanged sentences
On May 21, 2024 the Company reported on form 8-K that all resolutions were passed, which included a resolution for the Directors to consolidate the shares of the company, the Directors agreed on a 1-20 consolidation.
−Removed: The Company is working with the regulators on the completion of the share consolidation, the Effective date is unknown at this time.
+Added: The Effective date was January 10, 2025.
We primarily used the services of sub-contractors and consultants for our intended business operations.
11 unchanged sentences
Research and Development
−Removed: We have incurred $621,345 in research and development expenditures over the last two fiscal years and $22,948 during the three months ended November 30, 2024.
+Added: We have incurred $621,345 in research and development expenditures over the last two fiscal years and $61,686 during the six months ended February 28, 2025.
There is strong competition relating to all aspects of the resource and technology sectors.
33 unchanged sentences
Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.
−Removed: Results of Operations - Three month ended November 30, 2024 and November 30, 2023
−Removed: The following summary of our results of operations should be read in conjunction with our financial statements for the quarter ended November 30, 2024, which are included herein.
−Removed: Our operating results for the three months ended November 30, 2024 and 2023, and the changes between those periods for the respective items are summarized as follows:
+Added: Results of Operations
+Added: The following summary of our results of operations should be read in conjunction with our financial statements for the quarter ended February 28, 2025, which are included herein.
+Added: Our operating results for the three months ended February 28, 2025 and February 29 2024, and the changes between those periods for the respective items are summarized as follows:
Three Months Ended
−Removed: November 30, November 30,
+Added: February 28, February 29,
2025 2024 Change
+Added: Revenue (cost recovery) $ - $ - $ -
+Added: General and administrative 20,798 17,335 (3,463 )
+Added: Investor relations 4,129 7,923 3,794
+Added: Consulting fees 18,857 41,847 22,990
+Added: Fees and dues 8,891 10,712 1,821
+Added: Exploration expenses 5,473 4,712 (761 )
+Added: Research and development 38,738 20,495 (18,243 )
+Added: Professional fees 20,293 27,264 6,971
+Added: Other expenses (income) (1,652 ) 17,080 18,732
+Added: Net loss (income) $ 115,527 $ 147,368 $ 31,841
+Added: Our financial statements report no revenue for the three months ended February 28, 2025, and February 29, 2024.
+Added: Our financial statements report a net loss of $115,527 for the three-month period ended February 28, 2025, compared to a net loss of $147,368 for the three-month period ended February 29, 2024.
+Added: Our net loss decreased by $31,841 for the three-month period ended February 28, 2025 primarily due to the increase in research and development of $18,243, a reduction in consulting fees of $22,990 and increase in other income, which consisted of foreign exchange gains.
+Added: The increase in research and development primarily consisted of work performed supporting our patent filing claims.
+Added: Our operating costs were lower by $13,109 for February 28, 2025, compared to February 29, 2024 primarily from cost containment measures offset by increases in costs for patent filings.
+Added: Our operating results for the six months ended February 28, 2025 and February 29 2024, and the changes between those periods for the respective items are summarized as follows:
+Added: SIX MONTHS ENDED
+Added: February 28, February 29,
+Added: 2025 2024 Change
Revenue $ - $ - $ -
6 unchanged sentences
Professional fees 30,844 68,387 37,543
−Removed: Other expenses (9,894 ) 158,377 168,271
−Removed: Net loss $ 83,130 $ 409,748 $ 326,618
−Removed: Our financial statements report no revenue for the three months ended November 30, 2024, and 2023.
−Removed: Our financial statements report a net loss of $83,130 for the three-month period ended November 30, 2024, compared to a net loss of $409,748 for the three-month period ended November 30, 2023.
−Removed: Our net loss decreased by $326,618 for the three-month period ended November 30, 2024 primarily due to the decrease in other expenses of $168,271 and research and development expenses of $65,352 and cost containment measures.
−Removed: Other expense primarily consisted of non-cash unrealized gain of $377,803 on mark to market and realized losses on disposition of $352,239 on marketable securities.
−Removed: The decrease in exploration expenses primarily consisted of the reductions to Geologist work and assay testing that was not required in the current period with the completion of the drilling program and issuance of the report in November 2023.
−Removed: Our operating costs were lower by $158,347 for November 30, 2024, compared to November 30, 2023 primarily from the decreases in exploration, research and development and other costs, but also general cost containment compared to November 30, 2023.
+Added: Other expenses (income) (11,546 ) 175,457 187,003
+Added: Net loss (income) $ 198,657 $ 557,116 $ 358,459
+Added: Our financial statements report no revenue for the six months ended February 28, 2025, and February 29, 2024.
+Added: Our financial statements report a net loss of $198,657 for the six month period ended February 28, 2025, compared to a net loss of $557,116 for the six month period ended February 29, 2024.
+Added: Our net loss decreased by $358,459 for the six month period ended February 28, 2025 primarily due to cost containment measures and focus on our research and development work supporting our patent filings.
+Added: Other income primarily consisted of non-cash unrealized gain of $377,803 on mark to market and realized losses on disposition of $352,239 on marketable securities.
+Added: The decrease in exploration expenses primarily consisted of reporting work performed in the prior year on technical reporting that was not performed in the current period.
+Added: Our operating costs were lower by $171,456 for February 28, 2025, compared to February 29, 2024 primarily from cost containment measures and focusing our expenses on supporting our patent filings.
Liquidity and Financial Condition
−Removed: Working Capital November 30, August 31,
+Added: Working Capital February 28, August 31,
Current assets $ 100,107 $ 332,130
1 unchanged sentence
Working capital (deficit) $ (182,560 ) $ 16,098
−Removed: As at November 30, 2024, we had $274,905 in current liabilities, which is lower by $41,127 when compared to current liabilities as at August 31, 2024.
−Removed: November 30, November 30,
+Added: As at February 28, 2025, we had $282,667 in current liabilities, which is lower by $33,365 when compared to current liabilities as at August 31, 2024.
+Added: February 28, February 29,
Cash Flows 2025 2024
1 unchanged sentence
Cash flows from investing activities 75,947 381,334
−Removed: Net decrease in cash $ (27,125 ) $ (11,395 )
+Added: Net (decrease) increase in cash during year $ (119,681 ) $ 8,110
Operating Activities
−Removed: Net cash used in operating activities was $103,072 in the three months ended November 30, 2024 compared with net cash used in operating activities of $229,950 in the same period in 2023.
+Added: Net cash used in operating activities was $195,628 in the six months ended February 28, 2025 compared with net cash used in operating activities of $373,224 in the same period in 2024.
Investing Activities
−Removed: Net cash provided by investing activities was $75,947 and $218,555 in the three months ended November 30, 2024 and 2023, respectively.
+Added: Net cash provided by investing activities was $75,947 and $381,334 in the six months ended February 28, 2025 and February 29, 2024, respectively.
Financing Activities
−Removed: The Company had no financing activities in the three months ended November 30, 2024 and 2023.
+Added: The Company had no financing activities in the six months ended February 28, 2025 and February 29, 2024.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.