Enertopia Corp. Files Q3 2024 10-Q
Ticker: ENRT · Form: 10-Q · Filed: Jul 12, 2024 · CIK: 1346022
Sentiment: neutral
Topics: 10-Q, financials, mining, energy
TL;DR
Enertopia Corp. filed its Q3 2024 10-Q. Check financials.
AI Summary
Enertopia Corp. filed its quarterly report for the period ending May 31, 2024. The company, formerly known as Golden Aria Corp., is involved in metal mining and operates in the energy and transportation sectors. Its fiscal year ends on August 31st.
Why It Matters
This filing provides investors with an update on Enertopia Corp.'s financial performance and operational status for the third quarter of fiscal year 2024.
Risk Assessment
Risk Level: medium — As a company in the metal mining and energy sectors, Enertopia Corp. is subject to market volatility and regulatory changes.
Key Numbers
- 2024-05-31 — Reporting Period End Date (Indicates the end of the financial quarter being reported.)
- 2023-08-31 — Previous Fiscal Year End (Provides a comparison point for financial performance.)
Key Players & Entities
- Enertopia Corp. (company) — Filer of the 10-Q
- Golden Aria Corp. (company) — Former name of Enertopia Corp.
- May 31, 2024 (date) — End of reporting period
- August 31 (date) — Fiscal year end
FAQ
What is the primary business of Enertopia Corp.?
Enertopia Corp. is primarily involved in metal mining and operates within the energy and transportation sectors.
When does Enertopia Corp.'s fiscal year end?
Enertopia Corp.'s fiscal year ends on August 31st.
What was Enertopia Corp. formerly known as?
Enertopia Corp. was formerly known as Golden Aria Corp.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending May 31, 2024.
In which state was Enertopia Corp. incorporated?
Enertopia Corp. was incorporated in Nevada (NV).
Filing Stats: 4,618 words · 18 min read · ~15 pages · Grade level 13.2 · Accepted 2024-07-12 16:02:16
Filing Documents
- form10q.htm (10-Q) — 756KB
- exhibit31-1.htm (EX-31.1) — 6KB
- exhibit31-2.htm (EX-31.2) — 6KB
- exhibit32-1.htm (EX-32.1) — 3KB
- exhibit32-2.htm (EX-32.2) — 3KB
- 0001062993-24-013676.txt ( ) — 4717KB
- enrt-20240531.xsd (EX-101.SCH) — 100KB
- enrt-20240531_cal.xml (EX-101.CAL) — 29KB
- enrt-20240531_def.xml (EX-101.DEF) — 82KB
- enrt-20240531_lab.xml (EX-101.LAB) — 965KB
- enrt-20240531_pre.xml (EX-101.PRE) — 201KB
- form10q_htm.xml (XML) — 583KB
Financial Statements
Item 1. Financial Statements. Our unaudited condensed financial statements for the nine month period ended May 31, 2024 form part of this quarterly report. They are stated in United States Dollars (US$) and are prepared in accordance with United States generally accepted accounting principles. ENERTOPIA CORP. CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (UNAUDITED) (Expressed in U.S. Dollars) May 31, August 31, 2024 2023 ASSETS Current Cash and cash equivalents $ 197,727 $ 259,581 Marketable securities (Note 4) 174,491 989,307 Accounts receivable 3,558 9,482 Prepaid expenses and deposit (Note 12) 84,498 89,338 Total Current Assets 460,274 1,347,708 Non-current assets, net Mineral property (Note 5) 10,500 10,500 TOTAL ASSETS $ 470,774 $ 1,358,208 LIABILITIES Current Accounts payable and accrued liabilities $ 290,399 $ 315,404 Due to related party (Note 7) - 17,196 Total Liabilities 290,399 332,600 STOCKHOLDERS' EQUITY Share Capital (Note 8) Authorized: 500,000,000 common voting shares with a par value of $ 0.001 per share Issued and outstanding: 155,166,088 common shares at May 31, 2024 and 155,166,088 at August 31, 2023 155,167 155,167 Additional paid-in capital (Note 9) 15,397,607 15,397,607 Deficit ( 15,371,244 ) ( 14,526,485 ) Equity attributable to shareholders of the Company 181,530 1,026,289 Non-controlling interest ( 1,155 ) ( 681 ) Total Stockholders' Equity 180,375 1,025,608 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 470,774 $ 1,358,208 The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements. ENERTOPIA CORP. CONDENSED CONSOLIDATED INTERIM STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) (Expressed in U.S. Dollars) COMMON STOCK SHARES AMOUNT ADDITIONAL PAID-IN CAPITAL ACCUMULATED DEFICIT NON- CONTROLLING INTEREST TOTAL STOCKHOLDERS' EQ