Northcliff Resources Ltd. announced it has closed its financing with Todd Minerals Ltd. for the Sisson Tungsten-Molybdenum Project located in central New Brunswick, Canada. As part of its investment, Todd was entitled to nominate a director to the board of Northcliff and Mr. Michael Wolley, Vice President Minerals and Coal for the Todd Corporation was nominated and approved on closing. In 2007, Mr. Wolley returned to the resources sector as Chief Operating Officer for Lynas Corporation, and subsequently into the gold sector where he is a Director of Red Mountain Mining, an ASX-listed gold development business.
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- Northcliff Resources Ltd. Appoints Michael Wolley as New Director to the Board