Private placement 27.2M shares @ $.11 to Todd CorporationBRIEF-Northcliff announces private placement 2016-10-27 08:34:00 AM ET (Reuters) Oct 27 (Reuters) - Northcliff Resources Ltd * Northcliff announces private placement * Northcliff Resources Ltd says has entered into a subscription agreement with a subsidiary of Todd Corporation * Northcliff Resources Ltd - pursuant to agreement todd will purchase 27.2 million common shares in capital of company at a price of $0.11 per common share * Northcliff Resources -upon completion, Todd will own a total of 48.5 million shares in Northcliff, representing 36.3% of co's outstanding common shares Source text for Eikon: Further company coverage: