Northcliff announces private offering of 17.8M shares (TSX:NCF:CA)

  • Northcliff Resources (TSX:NCF:CA) on Thursday said that it has arranged a non-brokered private placement of 17.8M common shares of the company at $$0.018525 per share with Todd Sisson Limited.
  • Total proceeds from the offering are about $330,570.
  • The company added that Todd Sisson Limited currently owns 476.4M common shares in the capital of Northcliff, and after the private offering will hold 494.2M or 81.43% interest in the company.
  • Press release.