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Northfield Announces Upsized Brokered Financing of up to $15 Million
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About this update from Northfield Capital Corporation Class A
[{"type":"text","content":"Northfield Announces Upsized Brokered Financing of up to $15 Million\n\n\n\n\n Not for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States\n \n\n\n TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Northfield Capital Corporation (TSX-V: NFD.A) (the “\n \n Company\n \n ”) is pleased to announce that, as a result of strong investor demand, the Company has increased the size of its previously announced brokered financing (as upsized, the “\n \n Offering\n \n ”) of units of the Company (the “\n \n Units\n \n ”), which will now be completed for aggregate gross proceeds of up to $15,000,000. Each Unit will be issued at a price of $5.50 per Unit (the “\n \n Issue Price\n \n ”) and will consist of one class A restricted voting share of the Company (a “\n \n Share\n \n ”) and one Share purchase warrant (a “\n \n Warrant\n \n ”). Each Warrant will entitle the holder thereof to purchase one additional Share at an exercise price of $7.50 per Share for a period of three (3) years.\n \n\n Integrity Capital Group Inc. is acting as lead agent and sole bookrunner under the Offering on behalf of a syndicate of agents (collectively, the “\n \n Agents\n \n ”). In connection with the Offering, the Company will pay to the Agents a cash commission and issue to the Agents compensation options of the Company, all upon the terms described in the news release of the Company dated November 19, 2025 (the “\n \n Announcement News Release\n \n ”).\n \n\n The net proceeds from the Units issued under the Offering will be used to fund operational expenditures and for general corporate purposes. Closing of the Offering is expected to occur on or about December 9, 2025 or such other date(s) as the Company and the Agents may determine. Closing remains subject to the approval of the TSX Venture Exchange (the “\n \n Exchange\n \n ”).\n \n\n The Units will be offered pursuant to Part 5A of National Instrument 45-106 –\n \n Prospectus Exemptions\n \n , as amended by Coordinated Blanket Order 45-935 –\n \n Exemptions from Certain Conditions of the Listed Issuer Financing Exemption\n \n (the “\n \n Listed Issuer Fi...