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Government of Canada funding for FS Update and additional engineering
VANCOUVER, BC, Aug. 7, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that it has received final approval for funding from Natural Resources Canada ("NRCan") to help advance the Company's Sisson Tungsten-Molybdenum Critical Minerals Project (the "Sisson Project" or the "Project") in Canada. NRCan will provide contribution funding for up to C$8.214 million in support of the costs for the update of the Feasibility Study ("FS Update") and basic engineering through the Global Partnerships Initiative ("GPI"). The objectives of the work being funded by NRCan are to build on and complement the programs being supported through the US$15 million (~C$20.7 million) in Defense Production Act (DPA) Title III funding awarded by the U.S. Department of Defense ("DoD"), as detailed in Northcliff's May 1, 2025 release. This initiative supports Canada and U.S. goals to secure supply chains for the critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defense, and clean technology.
VANCOUVER, BC, June 27, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that further to its press release dated June 19, 2025, it has closed a non-brokered private placement (the "Private Placement") of 19,842,128 common shares of the Company at a price of $0.06 per common share for gross proceeds to the Company of $1,190,527.68. 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.
VANCOUVER, BC, June 26, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that it has engaged Ausenco Engineering Canada ULC ("Ausenco") to lead the update of the feasibility study ("FS Update") for its Sisson Tungsten-Molybdenum Project (the "Sisson Project"), a critical minerals project located in New Brunswick, Canada.
A key part of Northcliff's comprehensive program (see Northcliff's May 1, 2025 news release), the FS update is designed to provide the necessary economic and technical information to support a construction decision on the Sisson Project. Work on the FS Update is fully underway and other aspects of the planned pre-construction work program have been initiated. These include multiple engineering workstreams and studies required to meet the technical conditions associated with Northcliff's in-hand environmental approvals, as well as detailed project development planning, project finance and offtake engagement.
VANCOUVER, BC, June 19, 2025 /CNW/ - 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.
VANCOUVER, BC, May 23, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) announces the voting results from its 2025 Annual General Meeting held on May 22, 2025 in Vancouver, British Columbia (the "Meeting').
A total of 499,973,223 common shares were voted at the Meeting, representing 82.37% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the Meeting, except the continuation of the Company's Share Option Plan.
Canadian Tungsten to Address Critical Mineral Supply Chain Vulnerability
VANCOUVER, BC, May 1, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce the United States Department of Defense ("US DoD") has awarded the Company a US$15 million (~C$20.7 million) award under the Defense Production Act ("DPA") Title III program to expand tungsten's domestic capacity, sustainment of its critical production and address vulnerability in the Critical Minerals supply chain in the United States and Canada. This important non-share dilutive funding will allow Northcliff to advance the Sisson Tungsten-Molybdenum Project in Canada (the "Sisson Project") toward a project construction decision. The Company has also obtained conditional funding from the Government of Canada, pending due diligence, under Natural Resources Canada's Global Partnerships Initiative for up to C$8.2 million (~US$5.9 million) to support the project.