RE:loan repaymentstockpunter wrote: The company has until March 16th ( 8 business days) to come up with cash to repay the loan, or to announce news that would boost SP. Alternatively, we get substantial dilution or loss of Sisson ownership.
<br /> Which or what part of the loan are they talking about? It seems the extension applies to the $400,000 portion of the orginal back in 2020 ?????/// <strong style="font-family: Calibri, arial, helvetica, sans-serif; font-size: 13px; color: rgb(88, 90, 92); background-color: rgb(0, 0, 0);">December 20, 2021 Vancouver, BC</strong><span style="color: rgb(88, 90, 92); font-family: Calibri, arial, helvetica, sans-serif; font-size: 13px; background-color: rgb(0, 0, 0);"> - Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) announces that it has entered into an amendment agreement with Todd Sisson (NZ) Limited (“Todd”), a subsidiary of the Todd Corporation, the Company’s largest shareholder, to extend the maturity of the initial tranche ($400,000) of the February 26, 2021 loan facility ($800,000) to March 19, 2022 (“Extended Loan”). All other material terms and conditions of the Extended Loan remain unchanged (see news release dated October 14, 2020).</span>