Enertopia Announces Proposed Financing

Kelowna, British Columbia--(Newsfile Corp. - May 22, 2026) - Enertopia Corporation (CSE: ENRT) (the "Company" or "Enertopia") is an energy company focused on building shareholder value through a combination of our intellectual property, pending patents in the green technology space, and strategic acquisitions that will enhance shareholder value, is pleased to announce it intends to complete a non-brokered private placement equity financing for gross proceeds of up to CAD $800,000. Enertopia intends to complete a non-brokered private placement financing (the "Offering") of four million units priced at CAD$0.20; with each unit consisting of one common share of the Company and one non-transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share of the Company for a period of 24 months from the date of issuance, at a purchase price of USD$0.20.