October 27, 2016 / 12:37 PM / a year ago

BRIEF-Northcliff announces private placement

Oct 27 (Reuters) - Northcliff Resources Ltd

* Northcliff announces private placement

* Northcliff Resources Ltd says has entered into a subscription agreement with a subsidiary of Todd Corporation

* Northcliff Resources Ltd - pursuant to agreement todd will purchase 27.2 million common shares in capital of company at a price of $0.11 per common share

* Northcliff Resources -upon completion, Todd will own a total of 48.5 million shares in Northcliff, representing 36.3% of co’s outstanding common shares Source text for Eikon: Further company coverage:

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