PHOENIX, Feb. 25, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed Enertopia Corp. (ENRT) (TOP.CO) (“the Company”), a company focused on using modern technology to build shareholder value. CEO and President, Robert McAllister, joined Stock Day host Everett Jolly.
To begin the interview Jolly asked McAllister to provide some background information about the Company. McAllister started by explaining that the Company mainly focuses in the lithium space, as well as synthetic brine testing. He also shared that the Company recently finished their first drill program, which included four resource definition holes and one metallurgical test hole.
Jolly then asked about the significance of the Company’s most recent findings. McAllister explained that this drilling program validated their hypothesis of the lithium mineralization that was present throughout the property. The drilling even confirmed that the grade and thickness of the lithium are some of the highest recorded to date.
McAllister explained that lithium is a rapidly growing market and gave the example of the increasing number of electric vehicles which rely on lithium for power. The number of electric vehicles being produced continues to increase with each year, creating a bigger and bigger demand for lithium going forward.
Jolly then asked about how the Company plans to keep supplying the lithium for this increasing demand. McAllister explained that in 2017 the Company explored Argentina, but found that the site was not as lithium-rich as expected. Since then, the Company has been focused on Nevada and the area has proven to be a haven for the resource. For now and in the future, the Company will continue to focus on Nevada for the required lithium.
McAllister also shared that the Company is working to collect lithium in the most economical way possible. McAllister further explained that for now the Company is in a pre-revenue state and may continue to be for the next couple of years.
Jolly then asked about the Company’s long-term plans. McAllister stated that the Company will focus mainly on the solution testing of the drill core over the next few months and expects to have exciting news to share with shareholders in the near future.
To close the interview McAllister stated, “It always takes longer than expected to come out the other end where you’re smiling, and we’re a lot closer to that point than we were two years ago.”
To hear Robert McAllister’s entire interview, follow the link to the podcast here: https://upticknewswire.com/featured-interview-ceo-robert-mcallister-of-enertopia-corp-otcqb-enrt-2/
A Company focused on using modern technology to build shareholder value. Enertopia is working to establish a lithium resource and at the same time working on extracting Lithium from its synthetic brine solutions by using industry leading proven technology.
Enertopia shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President at 1.250.870.2219
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, potential and financing of its mining or technology projects, 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 in 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 a lithium resource will be outlined at the Clayton Valley, NV project or the testing for 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.
About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.