VANCOUVER, BC, Dec. 20, 2021 /CNW/ - Northcliff Resources Ltd.
("Northcliff" or the "Company") (TSX: NCF) announces that it has
entered into an amendment agreement with Todd Sisson (NZ) Limited ("Todd"), a subsidiary
of the Todd Corporation, the Company's largest shareholder, to
extend the maturity of the initial tranche ($400,000) of the February
26, 2021 loan facility ($800,000) to March 19,
2022 ("Extended Loan"). All other material terms and
conditions of the Extended Loan remain unchanged (see news release
dated October 14, 2020).
The Extended Loan term has been approved by the TSX.
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.
On behalf of the Board of Directors
Andrew Ing
Interim 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.sedar.com.
SOURCE Northcliff Resources Ltd.