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Forex

Northcliff Secures $7.3M Loan from Largest Shareholder

Guavy AI Editorial Team
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CAD
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Northcliff Resources Ltd., a Canadian mineral resource company, has secured C$7.349 million in loan funding from Todd Sisson (NZ) Limited, its largest shareholder.

The loan agreement was made on July 31, 2026, and will be used to repay previous loan agreements with Todd.

The loan bears interest at a rate of the Royal Bank of Canada's prime rate plus 6% per annum and has a term of 18 months.

Todd currently holds 80.96% of Northcliff's issued and outstanding shares.

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