Northfield Capital Corporation (TSX-V: NFD.A) has increased the size of its brokered financing to $15,000,000 due to strong investor demand. The Offering consists of units priced at $5.50 each, with each unit including one class A restricted voting share and one share purchase warrant. The net proceeds will be used for operational expenditures and general corporate purposes, with closing expected around December 9, 2025. The Offering will be used to fund operational expenditures and general corporate purposes, subject to approval from the TSX Venture Exchange. The Units will be offered to purchasers in Canada and other qualifying jurisdictions, with no hold period in Canada.

Additionally, Northfield Capital Corporation will issue up to 1,192 additional Class B multiple voting shares to Mr. Robert Cudney on a non-brokered private placement basis. Mr. Cudney, the President, CEO, and director of the company, currently owns approximately 39.6% of the total voting power. The issuance of Class B shares will allow him to maintain his pro rata voting interest following the completion of the Offering. The net proceeds from the Class B Share Issue will be used for working capital and general corporate purposes.

Furthermore, Cassels Brock & Blackwell LLP is acting as the legal advisor to Northfield, while Bennett Jones LLP is the legal advisor to the agents. Northfield Capital Corporation, founded in 1981 by Robert D. Cudney, is a Canadian investment firm with interests in resources, mining, aviation, and premium alcoholic beverages. They aim to foster growth and innovation in businesses driving economic prosperity in Canada. For more information, visit www.northfieldcapital.com.

Read more at GlobeNewswire: Northfield Announces Upsized Brokered Financing of up to