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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Metals & Mining Industrial Metals & Minerals
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

Northcliff Resources Ltd
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Post by seveneleven711on Oct 25, 2023 8:19am
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Post# 35699627

fyi

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.

© 2023 Canjex Publishing Ltd. All rights reserved.

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