VANCOUVER, BC, Jan. 30,
2024 /CNW/ - Northcliff Resources Ltd. ("Northcliff"
or the "Company") (TSX: NCF) is pleased to announce that further to
its press release dated January 23,
2024, it has closed a non-brokered private placement (the
"Private Placement") of 37,333,333 common shares of the Company at
a price of $0.01875 per Common Share
with the Todd Sisson (NZ) Limited for gross proceeds to the Company
of $700,000. 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.
About Northcliff Resources Ltd.
Northcliff is a mineral resource company focused on advancing
the feasibility-stage Sisson Tungsten-Molybdenum Project located in
New Brunswick, Canada, to
production.
Additional information on Northcliff is available on the
website at www.northcliffresources.com.
On behalf of the Board of Directors
Andrew Ing
President & CEO
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address the in-progress
financing, or other events that the Company expects, are forward
looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Investors
are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ
materially from those projected in the forward-looking statements.
For more information on the Company, investors should review the
Company's continuous disclosure filings that are available at
www.sedarplus.ca.
SOURCE Northcliff Resources Ltd.