Enertopia Corp. Files Q3 2024 10-Q

Ticker: ENRT · Form: 10-Q · Filed: Jan 13, 2025 · CIK: 1346022

Sentiment: neutral

Topics: 10-Q, mining, financials

TL;DR

Enertopia Corp. 10-Q filed for Q3 2024. Metal mining focus.

AI Summary

Enertopia Corp. filed its Form 10-Q for the period ending November 30, 2024. The company, previously known as Golden Aria Corp., is involved in metal mining. This filing covers the third quarter of their fiscal year, which 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 metal mining company, Enertopia Corp. is subject to market volatility, regulatory changes, and operational risks inherent in the industry.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Enertopia Corp.?

Enertopia Corp. is classified under METAL MINING [1000].

What is the period covered by this 10-Q filing?

This 10-Q filing covers the period ending November 30, 2024.

When was Enertopia Corp. formerly known as?

Enertopia Corp. was formerly known as Golden Aria Corp., with a name change date of 20051205.

What is the company's state of incorporation?

Enertopia Corp. is incorporated in Nevada (NV).

What is the filing date of this 10-Q?

This 10-Q filing was filed on January 13, 2025.

Filing Stats: 4,601 words · 18 min read · ~15 pages · Grade level 13.6 · Accepted 2025-01-13 14:43:56

Filing Documents

Financial Statements

Item 1. Financial Statements. Our unaudited condensed financial statements for the three month period November 30, 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) November 30, August 31, 2024 2024 ASSETS Current Cash and cash equivalents $ 152,768 $ 179,893 Marketable securities (Note 4) - 67,516 Accounts receivable 7,518 5,927 Prepaid expenses and deposit (Note 12) 47,587 78,794 Total Current Assets 207,873 332,130 Non-current assets, net Mineral property (Note 5) 10,500 10,500 TOTAL ASSETS $ 218,873 $ 342,630 LIABILITIES Current Accounts payable and accrued liabilities $ 274,905 $ 316,032 Total Liabilities 274,905 316,032 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 November 30, 2024 and 155,166,088 at August 31, 2024 155,167 155,167 Additional paid-in capital (Note 9) 15,397,607 15,397,607 Deficit ( 15,608,047 ) ( 15,524,969 ) Equity attributable to shareholders of the Company ( 55,273 ) 27,805 Non-controlling interest ( 1,259 ) ( 1,207 ) Total Stockholders' Equity ( 56,532 ) 26,598 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 218,373 $ 342,630 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' EQUITY (DEFICIT) Balance, August 31, 2023

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