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NCF Northcliff Resources Ltd

0.035
0.005 (16.67%)
28 Nov 2024 - Closed
Delayed by 15 minutes
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
  0.005 16.67% 0.035 0.03 0.035 0.035 0.035 0.035 1,000 19:08:54

NORTHCLIFF SETTLES LOAN

07/12/2023 12:45pm

PR Newswire (Canada)


Northcliff Resources (TSX:NCF)
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From Nov 2023 to Nov 2024

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VANCOUVER, BC, Dec. 7, 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 fourth (final) tranche of the $5,200,000 Loan 2 in the amount of $1,200,000 plus accrued interest (the "Loan") by issuing 69,473,684 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 date for the fourth (final) tranche was December 2, 2022. 

Todd is a subsidiary of the Todd Corporation, the Company's largest shareholder. Todd now holds 439,058,144 shares or a 79.57% interest in Northcliff.

About Northcliff Resources Ltd.

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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