Press Release
Jun 20, 2025
Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF) announces that it has arranged a non-brokered private placement (the “Private Placement”) of 19,842,128 common shares of the Company (“Common Shares”) at a price of C$0.06 per Common Share (based on the five day VWAP of the Common Shares for the five trading days ended May 29, 2025) for gross proceeds of C$1,190,527.68. The Common Shares issued are subject to applicable resale restrictions, including a hold period of four months and one day from the closing of the Private Placement under Canadian securities rules. The Private Placement is subject to customary closing conditions including final Toronto Stock Exchange approval. Proceeds of the Private Placement will be used to fund the Company’s share of expenditures related to the Sisson Project and for working capital and general corporate purposes.
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