Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On August 18, 2022, Enertopia Corp. ("we", "us", "our, the "Company") entered
into a management services agreement (the "Consulting Agreement") with Allan
Spissinger ("Spissinger") whereby Spissinger will be employed as our Chief
Financial Officer. The initial term of the Consulting Agreement is for one year
and then continuing month to month thereafter with all terms in effect unless
and until terminated. The Consulting Agreement may be terminated by either
party at any time by three (3) months' notice in advance, in writing given by
Spissinger to the Company, or by the Company to Spissinger.
On August 18, 2022, we also appointed Kevin Brown and John Nelson to our board
of directors.
Item 3.02 Unregistered Sales of Equity Securities
On August 18, 2022, the Company granted 2,000,000 stock options pursuant to its
stock option plan to the parties named below at an exercise price of US$0.06,
vesting immediately and expiring on August 18, 2027:
Name of Optionee Amount of Stock Options Granted
Allan Spissinger 1,000,000
Kevin Brown 500,000
John Nelson 500,000
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.
Item 7.01 Regulation FD Disclosure
On August 17 and 18, 2022, Enertopia issued news releases, attached as Exhibits
99.1 and 99.2, announcing the filing of its third non provisional pending
patent, drilling update and management changes.
Item 9.01 Financial Statements and Exhibits
10.1 Consulting Agreement dated August 16, 2022
99.1 Press Release dated August 17, 2022
99.2 Press Release dated August 18, 2022
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