SPC SPC Nickel Corp

Northfield Capital Corporation ("Northfield") (TSX VENTURE:NFDA) of 141 Adelaide
Street West, Suite 301, Toronto, Ontario announces that it has acquired
ownership and control of an aggregate of 7,000,000 common shares (the "Subject
Shares") and 7,000,000 share purchase warrants (the "Warrants") of Superior
Copper Corporation (TSX VENTURE:SPC) (the "Company") at a cost of $0.05 per unit
("Unit"), with each Unit consisting of one Subject Share and one Warrant. The
Subject Shares and Warrants were acquired by Northfield through a private
placement on January 24, 2014, and represent approximately 6.9% of the issued
and outstanding common shares of the Company as of January 24, 2014 (or
approximately 12.9% calculated on a partially diluted basis assuming exercise of
the Warrants only). 


Upon completion of the transaction described above, Northfield owns and controls
an aggregate of 10,728,000 common shares of the Company (the "Owned Shares") and
the Warrants entitling Northfield to acquire an additional 7,000,000 common
shares of the Company, representing approximately 10.6% of the issued and
outstanding common shares of the Company as of January 24, 2014 (or
approximately 16.3% calculated on a partially diluted basis, assuming the
exercise of the Warrants only).


Upon completion of the transaction described above, Northfield, together with
its joint actor, Mr. Robert Cudney, own and control an aggregate of 11,928,000
common shares of the Company (of which the 10,728,000 Owned Shares are owned by
Northfield directly and 1,200,000 common shares are owned by its joint actor),
and convertible securities entitling Northfield and its joint actor to acquire
an additional 9,000,000 common shares of the Company (of which the 7,000,000
Warrants are owned by Northfield directly and 2,000,000 such convertible
securities are owned by its joint actor), representing approximately 11.7% of
the issued and outstanding common shares of the Company as of January 24, 2014
(or approximately 18.9% calculated on a partially diluted basis, assuming the
exercise of the 9,000,000 convertible securities only). 


The Subject Shares and Warrants 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
Subject Shares and Warrants were acquired for aggregate consideration of
$400,000.00, 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                                                         



NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


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

SPC Nickel (TSXV:SPC)
Historical Stock Chart
From Jun 2024 to Jul 2024

SPC Nickel (TSXV:SPC)
Historical Stock Chart
From Jul 2023 to Jul 2024