Brief: Northcliff announces private placement

Northcliff Resources

27/10/2016 13:00

Oct 27 (Reuters) - Northcliff Resources Ltd  NCF.TO  
    * Northcliff announces private placement 
    * Northcliff Resources Ltd says has entered into a 
subscription agreement with a subsidiary of Todd Corporation 
    * Northcliff Resources Ltd - pursuant to agreement todd will 
purchase 27.2 million common shares in capital of company at a 
price of $0.11 per common share 
    * Northcliff Resources -upon completion, Todd will own a 
total of 48.5 million shares in Northcliff, representing 36.3% 
of co's outstanding common shares 
 
Source text for Eikon:  ID:nCNWXJ2T0a  
Further company coverage:  NCF.TO  
 
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