Latest news with #AndrewIng
Straits Times
08-08-2025
- Business
- Straits Times
Relaxed rules ‘not a silver bullet', but a step in right direction, say nightlife businesses
Sign up now: Get ST's newsletters delivered to your inbox Businesses said they welcomed the lighter regulations that will take effect on Aug 18. SINGAPORE - Loosened rules for nightlife businesses in Boat Quay and Clarke Quay will give businesses in the area a fighting chance to thrive and opportunities to explore new concepts, industry players said a day after the authorities announced a year-long pilot programme to revitalise the historic district. Businesses said they welcomed the lighter regulations that will take effect on Aug 18, which will see liquor trading hours extended to 4am and licences for new nightlife establishments in the area to be issued for the first time in 16 years. Circular Road will also become a car-free zone again on the weekends. But nightlife businesses in other precincts like Duxton and Tanjong Pagar are hoping that they too will get extended liquor trading hours – and sooner, rather than later. OUE Restaurants chief operating officer Andrew Ing said allowing licences for new nightlife concepts will help inject some much needed vibrancy into districts around Singapore. 'Local demand has dropped drastically, and we need footfall from tourists who are going to make up for the shortfall... but tourists aren't going to come here if there isn't any vibrancy,' said the nightlife veteran of over four decades. Among those hopeful that the return of pedestrianisation will bring such a vibrancy back to Boat Quay and Clarke Quay is Ms Jenna White, who is group executive chef for Tadcaster Hospitality. The group runs venues like Irish pub Molly Malone's, a grandee on Circular Road, one of the main business arteries in the precinct. Top stories Swipe. Select. Stay informed. Singapore PM Wong calls on S'poreans to band together for nation to remain exceptional in National Day message Opinion Singapore must look ahead, prepare to ride next wave of change Singapore Nation building is every Singaporean's responsibility, not the work of one party alone: Pritam Singapore Four foreign leaders to attend NDP 2025 at the Padang Singapore Non-invasive depression treatment TMS has helped engineer get his life back Business Singapore's digital banks trim deposit rates, mirroring moves by incumbent players Singapore Chief Justice allows founder of site that ran fake KKH story to be called to the Bar 'We see it during St Patrick's Day, which is a huge one (for our businesses) and brings a whole new life to Boat Quay,' she said of the annual March street party held there. BQ Bar along the riverfront, which has been around for 24 years, also sees a spillover crowd from these street parties. General manager Thinagaran – who goes by one name – hopes they will become a more regular fixture, given the 20 per cent to 30 per cent bump in takings during such events. While businesses can soon apply to extend their liquor sales hours for Thursdays and Fridays, Mr Thinagaran said the bar is taking a wait-and-see approach for now. 'We don't want to get the 4am licence and remain open to an empty street,' he said, citing the drastic fall in foot traffic along the riverfront in 2024 and 2025, especially after no-smoking zones were widened and guests could no longer smoke at outdoor tables. 'But with F1 around the corner, we will look into whether staying open later will really have a positive impact on the bottom line,' he said. For venues that fall outside the remit of the relaxed rules, the liberalisation can go further. This is the case for Mismatch, a bistro along North Canal Road. It will soon be able to apply for extended operating hours, but it is located just outside the zone where businesses can submit change of use applications and proposals for new bars, pubs and nightclubs. The eligibility for such proposals is limited to the Boat Quay waterfront, Circular Road, Lorong Telok and Canton Street. Mismatch's general manager Rebecca Sahetapy said the priority is not extended hours, and the bistro will instead be appealing to the authorities to be run as a restaurant-bar. 'This way, we can apply for things like a public entertainment licence to be able to provide local talent with a place where they can showcase their craft, be it comedy nights or quizzes,' she said. Beyond the Boat Quay precinct, industry players The Straits Times spoke to also welcomed the relaxation of rules, calling it a step in the right direction, while urging that the pilot be rolled out to other precincts. 'It's giving the industry an avenue to innovate, and creating an environment that's conducive for that,' said Mr Indra Kantono, co-founder of the award-winning Jigger & Pony group. 'It's not going to be the silver bullet for sure – as we go later in the night, we still have to think about things like manpower costs, and how can partygoers and hospitality workers get home affordably. 'But the extra hours of operations will bring some much needed revenue to cover the extra costs, such as rental and manpower that have risen over the years.' This sentiment was mirrored by the owners behind Casper, a new bar in Duxton Hill which has only been open for five weeks. They are hoping the pilot will come to Duxton, which is also home to established nightlife venues such as Cat Bite Club and Behind The Green Door. 'Most of our customers are organic walk-ins who come in after 9pm, after their dinner... so being able to open for longer will make a lot of difference to our takings,' said co-founder Lee Rosli. Mr Ing noted that teething problems with new rules are to be expected, and Singapore has done well at managing disamenity issues in the past. The authorities had said on Aug 7 that local businesses will take more responsibility for the area's law-and-order situation, which includes stepping up private security deployment and infrastructure security measures. Singapore River One (SRO), the place manager of Boat Quay, will be hiring security guards to make sure fights, if any, are properly defused, said its executive director Michelle Koh. This will be funded by the combination of an administrative fee from operators and SRO's placemaking fee, she added. Ultimately, it is about keeping the Republic attractive to visitors and competitive in a cut-throat market, said Mr Ing. 'If we don't do more, our neighbouring countries are going to overtake us... Singapore has to remain competitive,' he said.
Cision Canada
07-08-2025
- Business
- Cision Canada
NORTHCLIFF ANNOUNCES GOVERNMENT OF CANADA FUNDING FOR THE SISSON PROJECT
VANCOUVER, BC, Aug. 7, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that it has received final approval for funding from Natural Resources Canada ("NRCan") to help advance the Company's Sisson Tungsten-Molybdenum Critical Minerals Project (the "Sisson Project" or the "Project") in Canada. NRCan will provide contribution funding for up to C$8.214 million in support of the costs for the update of the Feasibility Study ("FS Update") and basic engineering through the Global Partnerships Initiative ("GPI"). The objectives of the work being funded by NRCan are to build on and complement the programs being supported through the US$15 million (~C$20.7 million) in Defense Production Act (DPA) Title III funding awarded by the U.S. Department of Defense ("DoD"), as detailed in Northcliff's May 1, 2025 release. This initiative supports Canada and U.S. goals to secure supply chains for the critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defense, and clean technology. Located near tidewater on the southeastern coast of Canada in New Brunswick, the Sisson Project hosts a deposit with the critical minerals tungsten and molybdenum. The Sisson Project has the prospects of becoming an accessible and reliable producer, strengthening and diversifying the supply chain for these two metals used in important industrial, electronic, aerospace and defense applications, and new technologies. Northcliff expended some $70 million on resource, engineering, environmental and economic studies on the Sisson Project that culminated in a positive Feasibility Study in 2013, as well as the provincial and federal processes since that time that resulted in environmental assessment and other key approvals. The Company is currently focused on advancing the Project through the pre-construction phase with several aspects of the planned pre-construction program in progress. These include the FS Update and basic engineering, which is designed to provide the necessary economic and technical information to support a construction decision. Additionally, detailed project development planning, project finance and offtake engagement activities have been initiated (Northcliff June 26, 2025 news release). " Canada is a global leader in mining, including the responsibly sourced critical minerals that power our economy for clean energy, digital technologies, and national defence. This federal investment demonstrates Canada's commitment to increasing Canadian mineral production to strengthen domestic supply chains, create Canadian jobs, and make the most of our natural resources, in New Brunswick and across the country ." The Honourable Tim Hodgson, Minister of Energy and Natural Resources. Andrew Ing, Northcliff's Chairman, President and CEO commented, "Bi-lateral investments by the Canadian and U.S. governments are being made to ensure that the minerals are available to support newly developing technologies as well as maintain security of supply and North American industrial competitiveness. Northcliff has the opportunity to contribute to these key objectives by becoming a reliable, easily accessible, domestic producer of two critical minerals - tungsten and molybdenum. We appreciate this important additional funding from the Canadian government through the GPI, which will complement the DPA Title III award from the U.S. Department of Defense, and welcome the opportunity to work collaboratively with both governments in advancing the Sisson Project towards a construction decision to develop a domestic and resilient supply chain for critical minerals." The disclosure of scientific and technical information contained in this news release has been reviewed and approved by Tanya Yang, a Qualified Person who is not independent of the Company. The Canadian to U.S. dollar exchange rate used in the conversions is US$1 = C$1.38. About Northcliff Resources Ltd. Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. Additional information on Northcliff is available on the website at Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114. On behalf of the Board of Directors Andrew Ing Chairman, President & CEO This news release includes certain statements that may be deemed "forward-looking statements" or "forward-looking information" within the meaning of Canadian and United States securities law. All statements, other than statements of historical facts, that address the use of the DoD funds and Government of Canada funds; advancement of the Sisson Project towards a project finance decision, including the successful development and construction of the planned Sisson tungsten-molybdenum mine, concentrator and APT plant to become a reliable source of tungsten and molybdenum are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The assumptions used by Northcliff to develop forward-looking statements include the following: the actual receipt of funds from DoD and the Government of Canada, the Company's ability to complete construction of Sisson Project mine and facilities, the Company's ability to arrange the necessary financing beyond the DoD funding and Government of Canada funding to continue operations and develop the Sisson Project, the receipt of all necessary regulatory approvals for the construction and operation of the Sisson Project; the relevant laws and regulations in Canada and the US; studies and development of the Sisson Project will continue to be positive; our expectations of continued availability of capital and debt financing, and no geological or technical problems will occur. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks that may interfere with the Company's ability to continue development of the Sisson Project, the Company may not be able to finance and develop the Sisson Project on favourable terms or at all, relevant regulatory changes, uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the Sisson Project, the Company may not be able to secure offtake agreements for the metals to be produced at the Sisson Project, the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general, the financial markets and in the demand and market price for tungsten, molybdenum and other minerals and commodities, and fluctuations in exchange rates, particularly with respect to the value of the US Dollar and Canadian Dollar; the exploration and development of properties located within First Nations treaty and Aboriginal groups asserted territories may affect or be perceived to affect treaty and asserted aboriginal rights and title, which may cause permitting delays or opposition by Aboriginal groups or communities, environmental issues and liabilities associated with mining including processing and stockpiling; changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions, as well as risks relating to the uncertainties with respect to conflicts in Ukraine and the Middle East. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company reviews its forward-looking statements on an ongoing basis and updates this information when circumstances require it. For more information on the Company, investors should review the Company's annual information form that is available on its profile at
Globe and Mail
28-06-2025
- Business
- Globe and Mail
NORTHCLIFF ANNOUNCES CLOSING OF $1.2 MILLION PRIVATE PLACEMENT FINANCING
, /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that further to its press release dated June 19, 2025 , it has closed a non-brokered private placement (the "Private Placement") of 19,842,128 common shares of the Company at a price of $0.06 per common share for gross proceeds to the Company of $1,190,527.68 . Proceeds of the Private Placement will be used to fund the Company's share of expenditures related to the Sisson Project and for working capital and general corporate purposes. About Northcliff Resources Ltd. Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada , to production. Additional information on Northcliff is available on the website at Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114. Andrew Ing Chairman, President & CEO
Cision Canada
28-06-2025
- Business
- Cision Canada
NORTHCLIFF ANNOUNCES CLOSING OF $1.2 MILLION PRIVATE PLACEMENT FINANCING
VANCOUVER, BC, June 27, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that further to its press release dated June 19, 2025, it has closed a non-brokered private placement (the "Private Placement") of 19,842,128 common shares of the Company at a price of $0.06 per common share for gross proceeds to the Company of $1,190,527.68. Proceeds of the Private Placement will be used to fund the Company's share of expenditures related to the Sisson Project and for working capital and general corporate purposes. About Northcliff Resources Ltd. Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. Additional information on Northcliff is available on the website at Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114. Andrew Ing Chairman, President & CEO
Cision Canada
26-06-2025
- Business
- Cision Canada
NORTHCLIFF ANNOUNCES PROGRESS REPORT ON PROGRAM TO ADVANCE DEVELOPMENT OF THE SISSON CRITICAL MINERALS PROJECT
VANCOUVER, BC, June 26, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that it has engaged Ausenco Engineering Canada ULC ("Ausenco") to lead the update of the feasibility study ("FS Update") for its Sisson Tungsten-Molybdenum Project (the "Sisson Project"), a critical minerals project located in New Brunswick, Canada. A key part of Northcliff's comprehensive program (see Northcliff's May 1, 2025 news release), the FS update is designed to provide the necessary economic and technical information to support a construction decision on the Sisson Project. Work on the FS Update is fully underway and other aspects of the planned pre-construction work program have been initiated. These include multiple engineering workstreams and studies required to meet the technical conditions associated with Northcliff's in-hand environmental approvals, as well as detailed project development planning, project finance and offtake engagement. Located near tidewater on the southeastern coast of Canada in New Brunswick, the Sisson Project hosts a deposit with the Critical Mineral tungsten and the strategic mineral molybdenum. If developed, the Sisson Project has the prospects of becoming an accessible and reliable supplier of tungsten and molybdenum, strengthening and diversifying the supply chain for these metals used in important industrial, electronic, aerospace and defense applications, and new technologies. Northcliff advanced resource, engineering, environmental and economic studies that culminated in a positive feasibility study in 2013, then progressed the project through provincial and federal environmental assessment and other processes to gain key approvals, expending some C$70 million. In the 2013 feasibility study, development of the Sisson Project was proposed as an open pit mine with conventional processing facilities, supplemented by value-added downstream and on-site processing of tungsten concentrates in an ammonium paratungstate ("APT") plant. Andrew Ing, Northcliff's Chairman, President and CEO commented, "We are excited to be moving forward with our comprehensive program for Sisson, advancing our goal to become a reliable and easily accessible producer of tungsten and molybdenum. I would like to acknowledge Ausenco as the leader of the feasibility study update and to recognize the readiness of its team as the work on it is well underway." The disclosure of scientific and technical information contained in this news release has been reviewed and approved by Tanya Yang, a Qualified Person who is not independent of the Company. About Ausenco Ausenco is a global company redefining what's possible. The team is based out of 21 offices working across five continents to deliver services worldwide. Combining deep technical expertise with a 30-year track record, Ausenco delivers innovative, value-add consulting, studies, project delivery, asset operations and maintenance solutions to the minerals and metals and industrial sectors ( About Northcliff Resources Ltd. Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. Additional information on Northcliff is available on the website at Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114. On behalf of the Board of Directors Andrew Ing Chairman, President & CEO This news release includes certain statements that may be deemed "forward-looking statements" or "forward-looking information" within the meaning of Canadian and United States securities law. All statements, other than statements of historical facts, that address the advancement of the Sisson Project towards a project finance decision, including the successful development and construction of the planned Sisson tungsten-molybdenum mine, concentrator and APT plant to become a reliable source of tungsten and molybdenum, and the projected average annual production of tungsten and molybdenum are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The assumptions used by Northcliff to develop forward-looking statements include the following: the Company's ability to complete construction of Sisson Project mine and facilities, the Company's ability to arrange the necessary financing beyond to continue operations and develop the Sisson Project, the receipt of all necessary regulatory approvals for the construction and operation of the Sisson Project; the relevant laws and regulations in Canada and the US; studies and development of the Sisson Project will continue to be positive; our expectations of continued availability of capital and debt financing, and no geological or technical problems will occur. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks that may interfere with the Company's ability to continue development of the Sisson Project, the Company may not be able to finance and develop the Sisson Project on favourable terms or at all, relevant regulatory changes, uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the Sisson Project, the Company may not be able to secure offtake agreements for the metals to be produced at the Sisson Project, the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general, the financial markets and in the demand and market price for tungsten, molybdenum and other minerals and commodities, and fluctuations in exchange rates, particularly with respect to the value of the US Dollar and Canadian Dollar; the exploration and development of properties located within First Nations treaty and Aboriginal groups asserted territories may affect or be perceived to affect treaty and asserted aboriginal rights and title, which may cause permitting delays or opposition by Aboriginal groups or communities, environmental issues and liabilities associated with mining including processing and stockpiling; changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions, as well as risks relating to the uncertainties with respect to conflicts in Ukraine and the Middle East. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company reviews its forward-looking statements on an ongoing basis and updates this information when circumstances require it. For more information on the Company, investors should review the Company's annual information form that is available on its profile at
