Enertopia Corp. (GLCP.OB) Acquires Ownership in Eco-Friendly Water Purification Company
Enertopia Corp. was very pleased to announce today that it has signed a definitive agreement with Global Solar Water Power Systems Inc. As terms of the agreement, the company can now acquire up to a 20% equitable ownership interest in GSWPS in exchange for cash payments of up to $400,000 and the issuance of 1,000,000 shares of common stock. According to the press release, the company has issued 500,000 restricted shares and $40,500 in cash payments to fulfill its initial payment requirements. As of February 28, 2010, Enertopia has closed on and now owns 5.62% of the water purification company.…