Northcliff Resources Ltd. is pleased to announce that it has entered into two secured loan agreements for an aggregate amount of up to C$5.95 million with Todd Sisson Limited , a subsidiary of the Todd Corporation, the Company's largest shareholder. The Loan Funding will be used to fund the 2022 work program at the Sisson Tungsten-Molybdenum Project, which will include the following planned programs : Geotechnical [...]
Northcliff Resources Ltd. is pleased to announce the appointment of Mr. Andrew Ing as President and Chief Executive Officer and Mr. Luqman Khan as Chief Financial Officer. Andrew Ing has served as Interim CEO of the Company since June 2020. Mr. Ing holds Chartered Professional Accountant and Corporate Finance designations, as well as specialized designations in corporate governance and the strategic management of [...]
Northcliff Resources Ltd. announces the voting results from its 2022 Annual General Meeting held on May 6, 2022 in Vancouver, British Columbia . A total of 86,235,897 common shares were voted at the Meeting, representing 45.12% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the Meeting, including the election of director nominees as follows: DIRECTOR [...]
Northcliff Resources announces, further to its Dec 20, 2021 news release, that it has settled a loan of $800,000 plus accrued interest by issuing 23,421,971 shares to Todd Sisson Ltd, a subsidiary of the Todd Corporation, the Company's largest shareholder. Todd now holds 102,626,569 shares or a 47.83% interest in Northcliff. Northcliff Resources Ltd. is a mineral resource company focused on advancing the Sisson [...]
Northcliff Resources announces that it has entered into an amendment agreement with Todd Sisson Ltd to extend the maturity of the initial tranche of the February 26, 2021 loan facility to March 19, 2022. All other material terms and conditions of the Extended Loan remain unchanged. The Extended Loan term has been approved by the TSX. Northcliff Resources Ltd. is a mineral resource company focused on advancing the Sisson [...]
Northcliff Resources announces that it has entered into an agreement with Todd Sisson Limited, the Company's largest shareholder for a loan facility up to $1,000,0000 that can be drawn down in two tranches of $500,000 . The Loan is secured, will bear interest at a rate of 10% per annum and has a term of 12 months with the interest payable at maturity. The loan and accrued interest is repayable at any time by the Company [...]
Northcliff Resources Ltd. announces the voting results from its 2021 Annual General Meeting held on April 22, 2021 in Vancouver. A total of 88,355,916 common shares were voted at the Meeting, representing 37.85% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the Meeting, including the election of director nominees as follows: DIRECTOR % of Votes in [...]
Northcliff Resources Ltd. announces that it has entered into an agreement with Todd Sisson Ltd, the Company's largest shareholder for a $400,000 loan. The Loan is secured, will bear interest at a rate of 10% per annum and has a term of 12 months with the interest payable at maturity. The loan and accrued interest is repayable at any time by the Company without penalty, or can be settled at maturity, either through [...]
Northcliff Resources Ltd., on behalf of Sisson Mines Ltd., is pleased to announce that the Minister of the Department of Environment and Climate Change has approved a two-year extension of the construction commencement timeline for the Sisson Mine Project to Dec 3, 2022. "On behalf of Northcliff, we wish to thank the DECC for their co-operative approach towards the development of the Sisson Tungsten-Molybdenum Mine [...]
Northcliff Resources Ltd. announces that it has entered into a $400,000 Loan Agreement with Todd Sisson Ltd., the Company's largest shareholder. The Loan is secured, will bear interest at a rate of 10% per annum and has a term of 12 months. Interest will be payable at maturity. The loan and accrued interest is repayable at any time by the Company without penalty, or can be settled at maturity, either through issuances of [...]
Northcliff Resources Ltd. announces that Chris Zahovskis has tendered his resignation as President and CEO of the Company to be effective June 19, 2020. Northcliff plans to seek a new President and CEO, and pending this appointment, Andrew Ing, the current CFO of the Company, will act as Interim CEO and Mr. Luqman Khan will be appointed interim CFO. Mr. Khan is a Chartered Professional Accountant , with more than 25 years [...]
Northcliff Resources Ltd. is pleased to announce that it has completed a private placement of 17,375,600 Common Shares at a price of $0.05 per Common Share with the Todd Corporation for gross proceeds to the Company of $870,000. Todd currently owns a total of 61,828,998 Common Shares in the capital of Northcliff, and after its participation in the private placement financing will hold 79,204,598 Common Shares or a 41 [...]
