Northcliff Resources Ltd. press release
NORTHCLIFF SETTLES LOAN
TSX - Toronto Stock Exchange · Tungsten · Molybdenum · Canada
Canada NewsWire
VANCOUVER, BC , Jan. 17, 2023 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) announces, further to its June 23, 2022 , August 18, 2022 , August 24, 2022 and September 14, 2022 news releases, that it has settled the second tranche of $500,000 plus accrued interest of the $1,000,000 2021 loan by issuing 23,655,914 shares to Todd Sisson (NZ) Limited ("Todd"), a subsidiary of the Todd Corporation, the Company's largest shareholder.
Todd now holds 143,794,986 shares or a 56.23% 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. Additional information on Northcliff is available on the website at www.northcliffresources.com . Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114.
On behalf of the Board of Directors Andrew Ing President & CEO
SOURCE Northcliff Resources Ltd.
View original content: http://www.newswire.ca/en/releases/archive/January2023/17/c5846.html
Earlier from Northcliff Resources Ltd.
- NORTHCLIFF ANNOUNCES THREE YEAR EXTENSION GRANTED FOR NEW BRUNSWICK START OF CONSTRUCTION OF SISSON PROJECT
- Northcliff Announces Its Participation at the 47th Annual Exploration, Mining and Petroleum Conference in Fredericton
- Northcliff Reports on Critical Metal Technology Advances Faster Charging of Batteries