RE:Northcliff settles loan GreenArrowUp wrote: By issuing shares
Northcliff issues 23.42M shares to Todd to settle loan
2022-03-24 17:29 ET - News Release
Mr. Andrew Ing reports
NORTHCLIFF SETTLES LOAN
Further to the Dec. 20, 2021, news release, Northcliff Resources Ltd. has settled a loan of $800,000 plus accrued interest by issuing 23,421,971 shares to Todd Sisson (N.Z.) Ltd., a subsidiary of Todd Corp., the company's largest shareholder.
Todd now holds 102,626,569 shares or a 47.83-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, Canada, to production.