Enertopia Closes First Tranche of Financing

Vancouver, BC—Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE (the
“Company” or “Enertopia”) is pleased to announce it has closed the first tranche of CAD$40,000 for
its Private Placement announced on December 5, 2016. Enertopia will be issuing 1,000,000 common
shares at CAD$0.04 and 1,000,000 whole warrants that expire on January 20, 2019 with an exercise
price of USD $0.06 during the 24 month period.

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