Northfield Capital Corporation
TSX VENTURE : NFD.A

Northfield Capital Corporation

June 05, 2012 16:43 ET

Northfield Capital Corporation Acquires Securities of Queenston Mining Inc.

TORONTO, ONTARIO--(Marketwire - June 5, 2012) - Northfield Capital Corporation ("Northfield") (TSX VENTURE:NFD.A) of 141 Adelaide Street West, Suite 301, Toronto, Ontario announces that it has acquired ownership of 200,000 common shares of Queenston Mining Inc. ("Queenston") at an average price of $4.23 per share, through the facilities of the Toronto Stock Exchange, representing approximately 0.24% of the total issued and outstanding common shares of Queenston as of June 5, 2012. As a result of this transaction, Northfield together with its joint actor, Robert Cudney, held, as at June 5, 2012, an aggregate of 8,440,350 common shares of Queenston, representing approximately 10.00% of the total issued and outstanding shares of Queenston.

As at June 5, 2012, immediately following the above-noted transaction, Mr. Cudney owns an aggregate of 478,300 common shares of Queenston representing approximately 0.57% of all issued and outstanding common shares of Queenston as at such date, and Northfield owns a total of 7,962,050 common shares of Queenston representing approximately 9.43% of all issued and outstanding common shares of Queenston as at such date.

The common shares of Queenston were acquired for investment purposes and Northfield or its joint actor, Mr. Cudney, may from time to time acquire additional securities of Queenston, dispose of some or all of the existing or additional securities they hold or will hold, or may continue to hold their current positions.

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:

The TSX Venture Exchange has not reviewed does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Northfield Capital Corporation
    Brent Peters
    (416) 628-5901
    (416) 628-5911 (FAX)

    Northfield Capital Corporation
    Robert D. Cudney
    (416) 628-5901
    (416) 628-5911 (FAX)

    Northfield Capital Corporation
    141 Adelaide Street West
    Suite 301
    Toronto, ON
    M5H 3L5