Northfield Inc.

October 11, 2006 16:29 ET

Northfield Inc.: Proposed Name Change and Share Consolidation

TORONTO, ONTARIO--(CCNMatthews - Oct. 11, 2006) - NORTHFIELD INC. ("Northfield" or the "Corporation") announced that its Board of Directors has approved the consolidation of the issued and outstanding common shares of Northfield on the basis of 10 old shares for one new share ("Post Consolidation Shares"). The filing of the Articles of Amendment changing the name of the Corporation to Northfield Metals Inc. and implementing the share consolidation is anticipated to be completed in the near future.

The Corporation currently has 137,239,184 common shares outstanding and, following the share consolidation and name change, will have approximately 13,723,918 common shares outstanding.

Contact Information

  • Northfield Inc.
    Thomas G. Larsen
    Chairman, President and C.E.O.
    (416) 360-8006 or (800) 360-8006
    (416) 361-1333 (FAX)
    or
    Northfield Inc.
    Jorge Estepa
    Vice President and Secretary
    (416) 360-8006 or (800) 360-8006
    (416) 361-1333 (FAX)