02:05:42 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Northcliff Resources Ltd
Symbol NCF
Shares Issued 476,515,509
Close 2024-01-22 C$ 0.025
Market Cap C$ 11,912,888
Recent Sedar Documents

Northcliff Resources arranges $700,000 financing

2024-01-23 10:25 ET - News Release

Mr. Andrew Ing reports

NORTHCLIFF ANNOUNCES $700,000 PRIVATE PLACEMENT FINANCING

Northcliff Resources Ltd. has arranged a non-brokered private placement of 37,333,333 common shares of the company at a price of 1.875 cents per common share with Todd Sisson (NZ) Ltd. for gross proceeds to the company of $700,000. Todd currently owns a total of 439,058,144 common shares in the capital of Northcliff, and after its participation in the private placement, it will hold 476,391,477 common shares, or an 80.86-per-cent interest in the company. The common shares issued are subject to applicable resale restrictions, including a hold period of four months and one day from the closing of the private placement under Canadian securities rules. The private placement is subject to customary closing conditions, including final Toronto Stock Exchange approval. Proceeds of the private placement will be used to finance the company's share of expenditures related to the Sisson project and for working capital and general corporate purposes.

About Northcliff Resources Ltd.

Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson tungsten-molybdenum project, located in New Brunswick, Canada, to production.

We seek Safe Harbor.

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