Northcliff Resources obtains financing for Sisson project

Oct 04, 2013 | 12:54 PM | Daniel Fitzgerald

Tags  Northcliff Resources, Todd Minerals, tungsten, molybdenum, Sisson, Chris Zahovskis, Daniel Fitzgerald

NEW YORK — Northcliff Resources Ltd. has secured up to Canadian $39 million ($37.8 million) in funding for its Sisson tungsten-molybdenum project in central New Brunswick from Todd Minerals Ltd.

The two companies signed an agreement that will see Todd, a subsidiary of Wellington, New Zealand-based Todd Corp., acquire a direct interest in the Sisson project and a 15-percent stake in Fredericton, New Brunswick-based....

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