Enertopia Corporation
(OTCQB:ENRT) (CSE:TOP) (the "Company" or "Enertopia") is
pleased to provide an update as we approach the end of 2017 and an
exciting 2018.
Corporate Update:
Eighteen months ago we began our R&D initiatives to recover
battery grade Lithium Carbonate through the synergies of advanced
technologies in renewable energy, water filtration, and associated
technologies.
Since September our partner Genesis Water Technologies (GWT) has
been evaluating data obtained from the first bench test results and
other technical data provided by Enertopia to complete a larger and
enhanced lithium recovery system. This $200,000 pre-paid second
phase bench test has now completed the technical design phase with
over 1,500 hrs of team effort.
The second phase of the second bench test will use synthetic
brine solutions that will be created from the surface samples from
the two bulk samples taken at our Clayton Valley, NV project. As
reported by Enertopia on October 25, 2017. Based on these results
Enertopia engaged a third party metals and minerals testing
laboratory to run various scenarios using different pH solutions
with leach times varying from 2 hours to 48 hours with respect to
the amount of lithium and other minerals precipitated from the host
rock.
When all labs results have been received Enertopia will be
providing an update. The results of these tests will be
incorporated into the make-up of the synthetic brine solutions that
will be comprising the synthetic brines for the bench tests that
GWT will be running through its scaled-up bench tests in
2018.
Estimated Timeline of Next Steps in 2018:
January - Bench test build out
February - Preparation of synthetic brines
March - April - Bench testing of synthetic lithium
brines
May - Final laboratory lithium recovery and Li2CO3 grade
results
“We are excited about the progress made in 2017 and look forward
to achieving our primary focus of perfecting technologies to
produce battery-grade Lithium Carbonate.” Stated CEO Robert
McAllister.
Lithium Market Update:
The accelerating pace of technological change on multiple
fronts, fabrication, robots, and materials continues to support the
demand growth for Lithium and the rapidly growing use of Lithium
batteries in Electric Vehicles (EV’s), which is the largest driver
of Lithium demand. Below are just two examples in the past week
alone of how changing technology is driving down the cost and
increasing the range of EV’s, making them more competitive with
Internal Combustion Engines (ICE’s) and in the coming decade likely
at parity or cheaper than ICE’s.
Grandview Research Inc. reported in August 2017 that they expect
the Lithium Ion market to reach USD 93.1 billion by 2025, growing
at a CAGR of 17.0%, Increased usage of lithium-ion batteries in
electric vehicles, portable consumer electronics, and grid storage
systems owing to its high energy density and high safety level is
expected to drive market demand. For comparison last year the
lithium Ion market had sales of USD $22.8 billion.
Full story at
https://www.grandviewresearch.com/press-release/global-lithium-ion-battery-market
On Nov 30, 2017, General Motors said that by the end of 2019
it will be mass-producing fully autonomous electric cars. The cars
will be used for a new GM ride-sharing service which, the automaker
said, could ultimately be bigger than its current business of
simply selling cars.
It's the first step toward a massive shift in its business --
moving away from selling cars to customers to selling rides in
autonomous cars.
Full story at
http://money.cnn.com/2017/11/30/technology/gm-autonomous-cars-2019/index.html?iid=EL
Over the past year, the technology for Lithium batteries, EV’s,
Autonomous vehicles and other associated technologies continue to
converge and strengthen these growing sectors into one singularity
for innovation and change in our transportation sector.
“The Company thanks its shareholders for their shared vision as
it moves forward on its path to achieving ultimate success in the
Lithium sector,” said Robert McAllister, President. About
Enertopia
Enertopia is concurrently working with water purification
technology partner GWT using patent pending technology that is
believed able to recover Lithium from brine solutions.
Enertopia’s shares are listed for trading in Canada with symbol
TOP and are quoted in the United States with symbol ENRT. For
additional information, please visit our website at
www.enertopia.com or call Robert McAllister, the President at
1.250.765.6412 About Genesis Water Technologies (GWT)
GWT is a global specialized water treatment solutions company
focused on providing innovative & sustainable solutions for
specialized industrial and municipal applications. For additional
information please visit www.GenesisWaterTech.com
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. Forward-looking statements include, but are not limited
to, ongoing carbonate purity bench tests with GWT, findings from
such tests and the incorporation into procedures for a fully funded
second series of bench tests that will be much larger, and other
statements regarding project development, acquisition and financing
programs, capital and operating expenditures, future revenue or
capital growth estimates, availability of future financing and
future plans and objectives of Enertopia. The Company makes such
forward-looking public statements concerning its expected future
financial position, results of operations, cash flows, financing
plans, business strategy, products and services, 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 expenditure levels; litigation;
legislation; environmental, judicial, regulatory, political and
competitive developments in areas in which Enertopia
Corporation operates. There can be no assurance
that the brine recovery system will be effective for the recovery
of Lithium and if effective will be economic or have any positive
impact on Enertopia. 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. The CSE has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
release.
Enertopia (CSE:TOP)
過去 株価チャート
から 10 2024 まで 11 2024
Enertopia (CSE:TOP)
過去 株価チャート
から 11 2023 まで 11 2024