Northcliff Announces $330,570 Private Placement Financing

NORTHCLIFF ANNOUNCES $330,570 PRIVATE

PLACEMENT FINANCING

VANCOUVER, BC

,

July 4, 2024

/CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company")

(TSX: NCF) is pleased to announce that it has arranged a non-brokered private placement (the

"Private Placement") of 17,844,533 common shares of the Company ("Common Shares") at a price

of

$0.018525

per Common Share with

Todd Sisson

(NZ) Limited ("Todd") for gross proceeds to the

Company of approximately

$330,570

. Todd currently owns a total of 476,391,477 Common Shares

in the capital of Northcliff, and after its participation in the Private Placement will hold 494,236,010

Common Shares or an 81.43% interest in the Company.

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 will be used to fund the Company's share of expenditures related to

the Sisson Project and for working capital and general corporate purposes.

About Northcliff Resources Ltd.

Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-

Molybdenum Project located in

New Brunswick, Canada

, to production.

Additional information on Northcliff is available on the website at

www.northcliffresources.com

.

Investor services can be reached at (604) 684-6365 or within

North America

at 1-800-667-2114.

On behalf of the Board of Directors

Andrew Ing

President & 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.sedarplus.ca

.

SOURCE

Northcliff Resources Ltd.

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http://www.newswire.ca/en/releases/archive/July2024/04/c2299.html

%SEDAR: 00030606E

CO: Northcliff Resources Ltd.

CNW 07:45e 04-JUL-24