Northcliff Resources Ltd T.NCF

Alternate Symbol(s): NCFFF

Metals & Mining Industrial Metals & Minerals

Northcliff Resources Ltd. is a Canada-based mineral resource company. The Company is primarily engaged in the acquisition and development of mineral properties. The Company holds an 88.5% economic interest in the Sisson Tungsten and Molybdenum Project (the Sisson Project), located in New Brunswick, Canada. The Sisson project is located on Crown land in central New Brunswick, approximately 100 kilometers northwest of Fredericton by road, and near the communities of Napadogan, Juniper and Stanley. The project is situated within the Nashwaak Watershed. The Sisson Project-area is served by local and regional infrastructure, including highways, roads, railways, deep sea ports and power lines.

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Northcliff Resources Ltd

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Post by seveneleven711on Oct 25, 2023 8:19am

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Post# 35699627

fyi

Northcliff Resources settles loan with shareholder

2023-10-24 17:26 ET - News Release

Mr. Andrew Ing reports

NORTHCLIFF SETTLES LOAN

Northcliff Resources Ltd., further to its June 23, 2022, news release, has settled the first and second tranches of its $5.2-million "Loan 2" in the amount of $4-million plus accrued interest by issuing 225,789,474 shares to Todd Sisson (NZ) Ltd. The loan was approved by disinterested shareholders at the company's extraordinary general meeting held on Aug. 25, 2022. The drawdown dates for the first and second tranches of the loan were Sept. 28, 2022, and Oct. 19, 2022, respectively.

Todd is a subsidiary of the Todd Corp., the company's largest shareholder. Todd now holds 369,584,460 shares or a 76.63-per-cent 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, to production.

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