Northcliff Resources Ltd.: The TSX Exchange and Exchange Commission granted conditional approval to Northcliff for the acquisition of the remaining 30 %-Interest in the project Sisson

Northcliff Resources Ltd.: The TSX Exchange and Exchange Commission granted conditional approval to Northcliff for the acquisition of the remaining 30 %-Interest in the project Sisson

08.05.2012, Vancouver, BC – Northcliff Resources Ltd. („Northcliff“) (TSX: NCF) - A subsidiary of Hunter Dickinson Inc.. Group - has announced, that the Securities and Exchange Commission on the TSX Exchange 26. April 2012 requires the acquisition ("Acquisition") the date of the joint venture partners Geodex Minerals Ltd.. (“Geodex”) (TSX.V: GXM) held 30 %-Shares in the tungsten-molybdenum project Sisson ("The project Sisson") has approved. How Geodex announces, got it from the TSX Venture Exchange for an approval.

According to a press release dated 18. April 2012 Geodex has agreed to, their 30 %-Participation in the project Sisson in New Brunswick to sell to Northcliff. In return, has agreed to Northcliff, 16.003.700 Ordinary shares and 1 Million $ in cash and surrender to Geodex 3.333.333 Geodex common stock refund, the company in 2010 had acquired.

The shareholders of Northcliff need the acquisition of the shares and the associated transfer of shares agree to Northcliff and Geodex be at the annual general meeting („AGM“) vote on it

Northcliff is the AGM on 30. More 2012 at 14.30 Clock in their head office in 1040 In. Georgia Street in Vancouver abhalten.

Geodex announced, that its board of directors has unanimously, the 16.003.700 Northcliff shares, by the Company as partial payment on the sale of its stake in the project receives Sisson, be distributed upon completion of the transaction to the shareholders of Geodex. The Geodex shareholders will receive for each share held by them Geodex 0,145 Northcliff shares. Geodex has no date for the dividend payout or. Payment set.

The distribution of shares to the Northcliff Geodex shareholders must come from both the Securities and Exchange TSX Venture Exchange and the shareholders approved Geodex. The shareholder meeting to vote on the transaction Geodex was on 18. June 2012 scheduled.

About Northcliff

Northcliff is a Canadian in the stock market (TSX Venture Exchange: NCF) traded companies in the Hunter Dickinson Group (HDI Group). Die HDI-Gruppe zählt zu den größten privat geführten Rohstoffkonzernen Nordamerikas. The diversified, global company with headquarters in Vancouver, Canada for over 25 Years of resource development, and he has a foreign- and equity financings for a total of approximately 2,5 Billion. C$ (Canadian Dollar) and on 20 Project transactions carried out successfully.

Northcliff is one of the current eight-growth resource companies in the portfolio of the HDI group. Principal business of North Cliff is the exploration and development of tungsten-molybdenum project in New Brunswick Sisson (Canada).

For more information about the project and Northcliff Sisson, please visit the website at or contact the Investor Services by calling (604) 684-6365 or. 1-800-667-2114 (within North America).

Christopher Zahovskis
President & CEO

Robin Bennett
VP | Corp. Development (HDI)
Such: +1.604.684.6365
Fax: +1.604.684.8092
E-mail: info.english @

For the correctness of the translation is any liability assumed! Please message from the original English 2. More 2012 note!

Which filings can be found at:

No regulatory authority accepts responsibility for the adequacy or accuracy of this release.

This press release contains certain statements, as are "forward-looking statements". All statements contained in this press release – with the exception of historical facts -, affecting the successful adoption, Permits, Exploration drilling, Mining activities and other events or developments anticipated by the company relating, are forward-looking statements. Although the Company believes, that in such forward-looking statements are based on realistic assumptions, expectations expressed, such statements are not guarantees of future performance. Actual results or developments may differ materially from those currently anticipated in such statements. Among the factors, which could cause, actual results to differ materially from those in forward-looking statements, include, among other things, uncertainties relating to the support of the shareholders, the need for regulatory approvals, Market prices, Success in exploration and production, the continuity of the mineralization, possible environmental events or liability claims in connection with the exploration, EXPLORATION- and promotion activities, Uncertainties relating to obtaining the necessary permits, Licenses and title, Delays due to third party, government policy changes and their impact on the exploration and exploitation of natural resources, the continued availability of capital and financing, and general economic, Market or business conditions. Investors are cautioned, that such statements are not guarantees of future performance, and that actual results or developments may differ materially from those, The forward-looking statements to have been expressed. becoming increasingly, Companies want more information about the, be referred to the ongoing reporting of the Company at

This entry was posted in News of the corporations, the rare earth metals and and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply