Northcliff Announces Extension of Loan Financing Maturity

NORTHCLIFF ANNOUNCES EXTENSION OF

LOAN FINANCING MATURITY

VANCOUVER, BC

,

Dec. 20, 2021

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

(TSX: NCF) announces that it has entered into an amendment agreement with

Todd Sisson

(NZ)

Limited ("Todd"), a subsidiary of the Todd Corporation, the Company's largest shareholder, to

extend the maturity of the initial tranche

($400,000)

of the

February 26, 2021

loan facility

($800,000)

to

March 19, 2022

("Extended Loan"). All other material terms and conditions of the Extended Loan

remain unchanged (see news release dated

October 14, 2020

).

The Extended Loan term has been approved by the TSX.

About Northcliff Resources Ltd.

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

Project located in

New Brunswick, Canada

, to production.

On behalf of the Board of Directors

Andrew Ing

Interim 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.sedar.com

.

SOURCE

Northcliff Resources Ltd.

View original content:

http://www.newswire.ca/en/releases/archive/December2021/20/c0358.html

%SEDAR: 00030606E

For further information:

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.

CO: Northcliff Resources Ltd.

CNW 07:45e 20-DEC-21