Northfield Capital Announces Intention to Commence Normal Course Issuer Bid

TORONTO, Jan. 10, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield”) announced contiguous its volition to effect a mean people issuer bid done the facilities of the TSX Venture Exchange.

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Northfield may, during the 12-month play commencing January 15, 2025 and ending January 14, 2026, acquisition connected the TSX Venture Exchange up to 141,701 Class A restricted voting shares successful total, representing astir 5% of the 2,834,032 Class A restricted voting shares presently issued and outstanding. The terms which Northfield volition wage for immoderate specified shares volition beryllium the marketplace terms astatine the clip of acquisition. The existent fig of Class A restricted voting shares which whitethorn beryllium purchased and the timing of immoderate specified purchases volition beryllium determined by Northfield. Northfield has retained Leede Financial Inc. to effect purchases connected its behalf pursuant to the bid. Northfield is effecting the bid astatine this clip arsenic it believes that its Class A restricted voting shares are undervalued astatine their existent marketplace prices and that the acquisition of Class A restricted voting shares would beryllium a prudent usage of funds.

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Northfield has not repurchased for cancellation immoderate Class A restricted voting shares pursuant to immoderate mean people issuer bid that existed implicit the past 12-month period.

About Northfield Capital Corporation

Northfield is simply a value-based concern and merchant banking institution focused connected the assets (critical minerals and precious metals) and proscription sectors.

For further information, delight contact:

Michael G. Leskovec, CPA, CA
Chief Financial Officer
Telephone: (416) 628-5940

Forward-Looking Statements

Forward-looking statements are included successful this quality release. These forward-looking statements are identified by the usage of presumption specified arsenic “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and “should” and akin presumption and phrases, including references to assumptions. Such statements whitethorn impact but are not constricted to, Northfield’s plans, objectives, expectations and intentions, including statements with respect to the acquisition of Class A restricted voting shares. Forward-looking statements, by their nature, are based connected assumptions and are taxable to important risks and uncertainties. Any forecasts, predictions oregon forward-looking statements cannot beryllium relied upon owed to, among different things, changing outer events and wide uncertainties of the concern and its firm structure. Results indicated successful forward-looking statements whitethorn disagree materially from existent results for a fig of reasons. The forward-looking statements contained herein are taxable to change. However, Northfield disclaims immoderate volition oregon work to update oregon revise immoderate forward-looking statements whether arsenic a effect of caller information, aboriginal events oregon otherwise, but arsenic required nether applicable securities regulations.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that word is defined successful the policies of the TSX Venture Exchange) accepts work for the adequacy oregon accuracy of this property release.

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