Termination Notice of Property Option Agreement between Enertopia Corp. and Brandon Wilson Association Placer

Contract Categories: Business Operations › Termination Agreements
Summary

Enertopia Corp. has formally notified Brandon Wilson Association Placer that it is terminating their property option agreement dated May 12, 2016. Enertopia will not make any further cash or share payments and will transfer any claims it holds under the agreement to Brandon Wilson Association Placer. This notice ends Enertopia's rights and obligations related to the Central Nevada Brine Project under the agreement.

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EX-10.1 2 exhibit10-1.htm EXHIBIT 10.1 Enertopia Corporation: Exhibit 10.1 - Filed by newsfilecorp.com

May 8, 2017

To Brandon Wilson Association Placer care of
Foster Wilson. via email and mail.
***@***

14605 Geronimo Trail
Reno NV,
89521 USA

Dear Foster,

As per our property option Agreement dated May 12, 2016, Enertopia Corp. is providing formal notice under clause 8 (a) (i) Termination Notice, of the above Agreement that Enertopia Corp has terminated the option to purchase agreement and will make no further cash or share payments related to the Agreement. Enertopia will transfer any claims in the name of Enertopia to the Brandon Wilson Association Placer with respect to the May 12th property option agreement.

Enertopia thanks Brandon Wilson Association Placer in its efforts with moving the project forward. Wishing you the best success with the Central Nevada Brine Project.

Sincerely,

Robert McAllister
President Enertopia Corp.