NFD.A Northfield Capital Corporation

Northfield Capital Corporation ("Northfield") (TSX VENTURE:NFD.A) of 141
Adelaide Street West, Suite 301, Toronto, Ontario announces that it has acquired
ownership and control of an aggregate of 7,000 convertible debentures (the
"Debentures") of Canada Lithium Corp. (the "Company") at a cost of $1,000 per
Debenture, through a private placement on May 15, 2013, representing
approximately 2.6% of the issued and outstanding common shares of the Company as
at May 15, 2013 on a partially diluted basis, assuming the conversion of the
principal amount of the Debentures only. 


Upon completion of the transaction described above, Northfield owns and controls
an aggregate of 24,335,000 common shares of the Company (the "Owned Shares") and
convertible securities entitling Northfield to acquire an additional 11,097,222
common shares of the Company (the "Convertible Securities") as well as the right
to acquire certain additional common shares of the Company issuable in
connection with certain interest payments owing under the Debentures, to be
calculated at the time of the issuance of such additional common shares (the
"Interest Shares"). The Owned Shares represent approximately 6.7% of the issued
and outstanding common shares of the Company as of May 15, 2013. The Owned
Shares together with the common shares issuable pursuant to the Convertible
Securities represent approximately 9.5% of the issued and outstanding common
shares of the Company as of May 15, 2013, calculated on a partially diluted
basis, assuming the issuance of the 11,097,222 common shares issuable upon
exercise or conversion of the Convertible Securities only. 


Upon completion of the transaction described above, Northfield, together with
its joint actor Mr. Robert Cudney, own and control an aggregate of 24,986,000
common shares of the Company (the "Owned Joint Actor Shares") (of which
24,335,000 common shares are owned by Northfield directly and 651,000 common
shares are owned by its joint actor), and convertible securities entitling
Northfield and its joint actor to acquire an additional 12,797,222 common shares
of the Company (the "Joint Actor Convertible Securities"), as well as the right
to acquire the Interest Shares (of which 11,097,222 common shares issuable
pursuant to the Joint Actor Convertible Securities and the right to acquire the
Interest Shares are owned by Northfield directly and 1,700,000 common shares
issuable pursuant to the Joint Actor Convertible Securities are owned by its
joint actor). The Owned Joint Actor Shares represent approximately 6.9% of the
issued and outstanding common shares of the Company as of May 15, 2013. The
Owned Joint Actor Shares together with the common shares issuable pursuant to
the Joint Actor Convertible Securities represent approximately 10.1% of the
issued and outstanding common shares of the Company as of May 15, 2013,
calculated on a partially diluted basis, assuming the issuance of the 12,797,222
common shares issuable upon exercise or conversion of the Joint Actor
Convertible Securities only. 


The Debentures were acquired in a private placement transaction which did not
take place through the facilities of any market for the Company's securities.
This transaction was effected for investment purposes and Northfield and its
joint actor, Mr. Cudney, could increase or decrease their investments in the
Company at any time, or continue to maintain their current investment position,
depending on market conditions or any other relevant factor. The Debentures were
acquired for a purchase price of Cdn$1,000 per Debenture for aggregate
consideration of $7,000,000, pursuant to the exemption contained in Section 2.3
of National Instrument 45-106 on the basis that Northfield is an accredited
investor as defined in such instrument.


Additional Information 

A copy of the applicable securities report filed in connection with the matters
set forth above may be obtained through Northfield's offices by contacting: 




Brent Peters                                                                
Northfield Capital Corporation                                              
141 Adelaide Street West, Suite 301                                         
Toronto, ON M5H 3L5                                                         
                                                                            
Tel: (416) 628-5901                                                         
Fax: (416) 628-5911                                                         



FOR FURTHER INFORMATION PLEASE CONTACT: 
Northfield Capital Corporation
Brent Peters
(416) 628-5901
(416) 628-5911 (FAX)

Grafico Azioni Northfield Capital (TSXV:NFD.A)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Northfield Capital (TSXV:NFD.A)
Storico
Da Lug 2023 a Lug 2024