08:38 AM EDT, 09/12/2025 (MT Newswires) -- Northcliff Resources ( NCFFF ) said Friday that it secured a $3.5 million loan funding from Todd Sisson (NZ), a subsidiary of Todd, the company's largest shareholder.

Northcliff will use the funds to settle all current and accrued liabilities and payables relating to HDSI and director fees and for the reimbursement review period for eligible expenditures in conjunction with certain U.S. and Canadian governmental critical minerals programs.

The company will also use the proceeds for expenditures that are ineligible under such programs, as well as fund certain developmental costs at the Sisson tungsten-molybdenum project in New Brunswick.

The funds are also allocated for general working capital purposes.

The loan will bear interest at the prime rate plus 6% per annum, and has a term of up to six months, Northcliff said.

Todd currently holds an 81.35% stake in Northcliff and an 11.5% interest in the Sisson Partnership. Northcliff owns an 88.5% interest in the Sisson Partnership, which owns the Sisson project.

Northcliff's share price gained 5.9% on Thursday to $0.18 on the TSX.