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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Northcliff Resources Ltd | TSX:NCF | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.02 | 0.02 | 0.025 | 200 | 01:00:00 |
From May 2023 to May 2024
VANCOUVER, BC, Oct. 24, 2023 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) announces, further to its June 23, 2022 news release, that it has settled the first and second tranches of the $5,200,000 Loan 2 in the amount of $4,000,000 plus accrued interest (the "Loan") by issuing 225,789,474 shares to Todd Sisson (NZ) Limited ("Todd"). The Loan was approved by disinterested shareholders at the Company's extraordinary general meeting held on August 25, 2022. The drawdown dates for the first and second tranches of Loan were September 28, 2022 and October 19, 2022 respectively.
Todd is a subsidiary of the Todd Corporation, the Company's largest shareholder. Todd now holds 369,584,460 shares or a 76.63% interest in Northcliff.
Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. Additional information on Northcliff is available on the website at www.northcliffresources.com.
On behalf of the Board of Directors
Andrew Ing
President & CEO
SOURCE Northcliff Resources Ltd.
Copyright 2023 Canada NewsWire
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