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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Northcliff Resources Ltd. is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The Company holds an approximately 88.5% controlling interest in and is the operator of the advanced-stage Sisson Tungsten-Molybdenum Project in New Brunswick. The Sisson Project has approximately 14,140 hectares. The Sisson Project has the potential to become a near-term critical metal producer, providing new primary supply of tungsten and molybdenum to North American, European and Asian markets. The Sisson Project is based on a large, structurally controlled, intrusion-related tungsten-molybdenum deposit amenable to open pit mining.


TSX:NCF - Post by User

Comment by GreenArrowUpon Mar 25, 2022 6:28am
68 Views
Post# 34544265

RE:Northcliff settles loan

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.

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