Northfield Capital Corporation (NFD.A)

Northfield Announces Change of Corporate Name to Juno International CorporationJune 9, 2026 3:45 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / June 9, 2026 / Northfield Capital Corporation (TSXV:NFD.A) (the "Corporation") today announced that it will change its corporate name to "Juno International Corporation" effective Thursday, June 11, 2026 (the "Name Change"). The trading symbol for the Corporation's class A restricted voting shares (the "Shares") will change to "JUN.A" following the completion of the Name Change. Trading of the Shares on the TSX Venture Exchange under the new name will commence at the open of markets on Thursday, June 11, 2026.There is no change in the capitalization of the Corporation in connection with the Name Change. No action is required by existing shareholders of the Corporation with respect to the Name Change. Outstanding certificates and Direct Registration Statement Advices with respect to the Shares do not need to be exchanged.Upon completion of the Name Change, the Company's new CUSIP number for the Shares will be 482045101 and its new ISIN number will be CA4820451017.About NorthfieldNorthfield is a publicly traded Canadian investment and operating Corporation with deep roots in resources, mining, aviation, and premium consumer brands. Founded in 1981 by Robert D. Cudney, the Corporation combines over four decades of experience with forward-thinking strategies to unlock opportunities across its diversified portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada and abroad. The Corporation's flagship investment, Juno Corp., is the largest mineral claimholder and the most active explorer in the Ring of Fire. True North Airways, the Corporation's wholly-owned aviation subsidiary, provides charter, cargo, and exploration logistics services across Canada and is expanding internationally through CNA Aviation Corp. in Central America.For more information, visit www.northfieldcapital.com.For further information, please contact:Robert D. Cudney Michael G. Leskovec, CPA, CAFounder, President & Chief Executive Officer Chief Financial OfficerTelephone: (416) 628-5901
Email: info@northfieldcapital.comForward-Looking InformationThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking information") within the meaning of applicable securities laws including, but not limited to, statements with respect to the effective date of the Name Change. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Corporation. Although the Corporation believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Corporation can give no assurance that they will prove to be correct.Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Corporation's most recent annual management's discussion and analysis that is available on the Corporation's profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield Announces Change of Corporate Name to Juno International Corporation

Northfield Expands Northern Aviation Capacity With Cessna 208 Caravan Acquisition and Amends Aircraft Loan AgreementJune 5, 2026 7:20 PM
ACCESS NewswireUtility turboprop to support Juno's Ring of Fire exploration logistics and northern community and government services; aircraft loan facility increased to US$8 millionTORONTO, ON / ACCESS Newswire / June 5, 2026 / Northfield Capital Corporation ("Northfield" or the "Company") (TSXV:NFD.A) today announced that its wholly-owned subsidiary, Spruce Goose Aviation Inc. ("Spruce Goose"), has acquired a 2016 Cessna 208 Caravan utility turboprop aircraft to expand the Company's northern aviation capacity, and that the Company and certain of its subsidiaries have entered into a second amending agreement to increase the Company's existing aircraft loan facility to finance the acquisition.Robert D. Cudney, Founder, President and Chief Executive Officer of Northfield, commented: "This acquisition strengthens our ability to serve the Ring of Fire and the communities of Northern Ontario at a time when reliable air access is increasingly critical. The Caravan is a proven workhorse for remote operations, and financing it on a long-term, asset-backed basis lets us expand True North Airways' capacity while preserving balance-sheet flexibility across the portfolio.Fleet Expansion - Cessna 208 CaravanThe acquisition, which closed on February 20, 2026, adds a 2016 Cessna 208 Caravan aircraft to the Company's aviation fleet. The Aircraft was acquired from an arm's length seller for a purchase price of US$2.06 million.The Cessna 208 Caravan is a single-engine utility turboprop widely deployed for operations in remote and northern regions, valued for its payload flexibility, its ability to operate from short and unimproved runways, and its capacity to be rapidly reconfigured between passenger and cargo roles. Powered by a Canadian-built Pratt & Whitney Canada PT6A turboprop engine, the Aircraft is well suited to the mixed passenger, cargo, and exploration-logistics missions that characterize northern operations.Operated within the Company's True North Airways aviation group, the Aircraft is being deployed principally in support of the exploration programs of Juno Corp. ("Juno"), Northfield's investee and the largest mineral claimholder in Ontario's Ring of Fire, as well as charter, cargo, and logistics services for northern communities and government agencies. The addition expands True North Airways' capacity to serve growing demand for reliable air access across Northern Ontario and other remote regions of Canada.Second Amendment to Aircraft Loan AgreementIn connection with the acquisition of the Aircraft, the Company and certain of its subsidiaries have entered into a second amending agreement dated June 5, 2026 (the "Second Amending Agreement") to increase the aggregate principal amount of the previously obtained Aircraft Loan (as defined below) from US$5.795 million to US$8.045 million, an increase of US$2.25 million.The Second Amending Agreement amends the aircraft loan agreement dated March 14, 2025 (as amended by an amending agreement dated July 7, 2025, and as further amended by the Second Amending Agreement, the "Aircraft Loan Agreement") among the Company, Echo Capital Fund I Inc. (the "Lender"), an arm's length private lender in the aviation sector, and certain subsidiaries of the Company, which provides for a loan (the "Aircraft Loan") to the Company's wholly-owned subsidiary, Spruce Goose.The Aircraft Loan Agreement has a term of five years and bears interest at a variable floating rate equal to the annual interest rate posted and announced from time to time by Laurentian Bank of Canada plus 300 basis points, calculated and compounded monthly in arrears. Interest and principal are payable monthly based on a ten-year amortization period, with any remaining balance due at the end of the five-year term. The Aircraft Loan may be repaid at the election of Spruce Goose. The Company and certain of its subsidiaries continue to guarantee the obligations under the Aircraft Loan Agreement, and the Lender has taken additional security against the Aircraft. The Aircraft Loan Agreement contains other terms, covenants, representations and warranties customary for a transaction of this nature.About NorthfieldNorthfield is a publicly traded Canadian investment and operating company with deep roots in resources, mining, aviation, and premium consumer brands. Founded in 1981 by Robert D. Cudney, the Company combines over four decades of experience with forward-thinking strategies to unlock opportunities across its diversified portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada and abroad. The Company's flagship investment, Juno Corp., is the largest mineral claimholder and the most active explorer in the Ring of Fire. True North Airways, the Company's wholly-owned aviation subsidiary, provides charter, cargo, and exploration logistics services across Canada and is expanding internationally through CNA Aviation Corp. in Central America.For more information, visit www.northfieldcapital.com.For further information, please contact:Robert D. Cudney Michael G. Leskovec, CPA, CAFounder, President & Chief Executive Officer Chief Financial Officer Telephone: (416) 628-5901 Email: info@northfieldcapital.com Forward-Looking InformationThis news release contains certain forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information in this news release includes, but is not limited to, statements regarding the anticipated benefits and intended uses of the Aircraft, including its deployment in support of Juno's exploration and development programs and the provision of charter, cargo, and logistics services to northern communities and government agencies; the expansion of the Company's aviation operations and fleet; the Company's expectations regarding the performance of its obligations under the Aircraft Loan Agreement; and the Company's strategy and capital allocation across its portfolio. Forward-looking information is based on assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors the Company believes are appropriate in the circumstances. However, such information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information, including but not limited to: operational risks inherent in aviation and remote-region operations; reliance on key customers, including Juno; fluctuations in interest rates affecting the floating-rate Aircraft Loan; fluctuations in foreign exchange rates given the U.S.-dollar-denominated Aircraft Loan; regulatory, airworthiness and licensing requirements; the availability of financing on acceptable terms; general market and economic conditions; and the risks identified in the Company's most recent management's discussion and analysis filed on SEDAR+ at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield Expands Northern Aviation Capacity With Cessna 208 Caravan Acquisition and Amends Aircraft Loan Agreement

Northfield's Flagship Investment Juno Corp. Discovers Heavy Rare Earth Magnet Metals at VespaMay 19, 2026 7:01 AM
ACCESS NewswireBroadens Juno's Polymetallic Critical Minerals System in Ontario's Ring of FireTORONTO, ON / ACCESS Newswire / May 19, 2026 / Northfield Capital Corporation ("Northfield" or the "Company") (TSXV:NFD.A) is pleased to comment on the announcement made today by Juno Corp. ("Juno") regarding the discovery of heavy rare earth element ("HREE") mineralization, including the magnet metals neodymium, praseodymium, dysprosium and terbium, within Juno's Vespa critical minerals system in Ontario's Ring of Fire (the "Juno Announcement"). For the full text of the Juno Announcement, including the technical disclosure relating to drill hole VES-26-025 and the associated assay results, please refer to Juno's press release dated May 19, 2026, available at www.junocorp.com.Northfield holds an approximately 35% equity interest in Juno, making Juno one of the most significant investments in Northfield's portfolio. The discovery disclosed in the Juno Announcement broadens the polymetallic critical minerals profile of Juno's Vespa system, which has previously been reported to host high-grade iron, titanium, vanadium, scandium and gallium mineralization.Robert D. Cudney, Founder, President and Chief Executive Officer of Northfield, commented: "Today's announcement from Juno is a meaningful validation of the investment thesis Northfield has been building around the Ring of Fire. Heavy rare earth magnet metals are among the most strategically contested commodities in the global supply chain, and the identification of these metals at Vespa - alongside the high-grade iron, titanium, vanadium, scandium and gallium previously discovered at the Vespa system - reinforces our view that Juno represents a compelling Canadian critical minerals opportunity. Northfield's approximately 35% interest in Juno provides our shareholders with direct exposure to this opportunity as it continues to develop."Summary of the Juno AnnouncementAs disclosed by Juno in the Juno Announcement, key elements include:Heavy rare earth element mineralization, including the four key magnet metals - neodymium, praseodymium, dysprosium and terbium - as well as yttrium and other critical rare earths, has been identified within Juno's Vespa critical minerals system;The discovery is hosted within Juno's Vespa mineral complex, with potential to recover rare earths as a by-product of Vespa's iron, titanium, vanadium, scandium and gallium production - supporting Vespa as a polymetallic critical minerals system; andAdditional sampling, assays and metallurgical work are underway as part of Juno's fully funded 2026 Vespa drill program.Readers are cautioned that the foregoing is a summary only. Please refer to the full text of the Juno Announcement and the underlying technical disclosure referenced therein for full details.Strategic Rationale for Northfield's Investment in JunoNorthfield has progressively increased its investment in Juno over the past 18 months - including the April 2026 closing of share purchase agreements that increased Northfield's ownership of Juno from approximately 23.7% to approximately 34.7%. Northfield's continued investment in Juno reflects management's view that a convergence of factors is creating a compelling, long-term opportunity in Ontario's Ring of Fire:Exploration Momentum - Juno's 2026 exploration campaign is a fully funded $20 million, 100-hole drill program across two district-scale discoveries: the Big Thunder Gold District, which hosts the high-grade Pluto and North Edge gold discoveries, and the Vespa Critical Minerals Complex, where resource drilling is advancing toward a maiden mineral resource estimate.Government Infrastructure - Ontario has committed over $1 billion to Ring of Fire road infrastructure and is advancing a new 230-kilometre Greenstone Transmission Line through a First Nations Equity Partnership Model. These commitments, combined with the December 2025 Ontario-Canada "One Project, One Process, One Decision" cooperation agreement and the federal Major Projects Office identifying the Ring of Fire among Canada's fast-tracked nation-building projects, have materially shortened the Ring of Fire's expected development timeline.Critical Minerals Alignment - Ontario's recent addition of high-purity iron and aluminum to its Critical Minerals List, and the Government of Canada's 2024 inclusion of high-purity iron on the federal Critical Minerals List, reinforce the strategic importance of Juno's Vespa discovery. The addition of heavy rare earth magnet metals to the Vespa system disclosed in the Juno Announcement further strengthens this alignment, given the strategic role of these metals in defence, aerospace, electric vehicles and clean energy supply chains.About NorthfieldNorthfield is a publicly traded Canadian investment and operating company with deep roots in resources, mining, aviation, and premium consumer brands. Founded in 1981 by Robert D. Cudney, the Company combines over four decades of experience with forward-thinking strategies to unlock opportunities across its diversified portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada and abroad. The Company's flagship investment, Juno Corp., is the largest mineral claimholder and the most active explorer in the Ring of Fire. True North Airways, the Company's wholly-owned aviation subsidiary, provides charter, cargo, and exploration logistics services across Canada and is expanding internationally through CNA Aviation Corp. in Central America.For more information, visit www.northfieldcapital.com.For further information, please contact:Robert D. CudneyMichael G. Leskovec, CPA, CAFounder, President & Chief Executive OfficerChief Financial Officer Telephone: (416) 628-5901 Email: info@northfieldcapital.com Qualified PersonScott Zelligan, P. Geo. (PGO #2078), Director of Exploration for Juno Corp. is considered a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical disclosure contained in this news release.Forward-Looking Information and Other DisclaimersThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking information") within the meaning of applicable securities laws including, but not limited to, statements with respect to: the significance, continuity, mineral deportment and metallurgical recoverability of the rare earth element mineralization disclosed herein; the potential recovery of rare earth elements as a by-product of any future iron-titanium-vanadium-scandium-gallium operation at Vespa; Juno's 2026 exploration campaign and its exploration activities in the Ring of Fire (and expectations with respect thereto); the expected results and objectives of Juno's drilling program; government infrastructure commitments and timelines; the development of all-season roads and transmission infrastructure in the Ring of Fire; the strategic significance of Northfield's investment in Juno and the anticipated benefits to Northfield and its shareholders therefrom; and the anticipated benefits of Juno's mineral properties and exploration activities. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis that is available on the Company's profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield's Flagship Investment Juno Corp. Discovers Heavy Rare Earth Magnet Metals at Vespa

Northfield Completes Issuance Of Class B Multiple Voting SharesApril 6, 2026 5:00 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / April 6, 2026 / Northfield Capital Corporation (TSXV:NFD.A) (the "Corporation") today announced the issuance of an aggregate of 8,263 Class B multiple voting shares of the Corporation (the "Class B Shares") to Mr. Robert Cudney, the President, Chief Executive Officer and a director of the Corporation, on a non-brokered private placement basis at a price of $5.20 per Class B Share, for aggregate gross proceeds of $42,967.60 (the "Class B Share Issue") in order for Mr. Cudney to maintain his pro rata voting interest in respect of the Class B Shares following the completion of the Corporation's previously announced acquisition (the "Juno Share Acquisition") of 8,664,675 common shares of Juno Corp. in consideration for the issuance of 6,301,580 class A restricted voting shares in the capital of the Corporation (the "Class A Shares"). For additional information on the Juno Share Acquisition and the Class B Share Issue, please see the Corporation's news release dated April 2, 2026.The Class B Shares were issued in accordance with the resolutions of the shareholders of the Corporation passed at the meeting of shareholders of the Corporation held in December 1986, which authorized the board of directors of the Corporation (the "Board") to issue additional Class B Shares to Mr. Cudney at an issue price equal to the market price of the Class A Shares on the day before the Board approves such issuance. The Class B Shares issued to Mr. Cudney are subject to a hold period of four months plus one day from the date of closing of the Class B Share Issue, and the Corporation intends to use the net proceeds of the Class B Share Issue for working capital and general corporate purposes.Early Warning DisclosureMr. Cudney, an insider of the Corporation and an individual with beneficial ownership of, or control or direction over, securities of the Corporation carrying more than 10% of the voting rights attached to all the outstanding voting securities of the Corporation, participated in the Class B Share Issue and acquired an aggregate of 8,263 Class B Shares.Immediately prior to the closing of the Class B Share Issue (the "Closing"), Mr. Cudney beneficially owned and exercised control and direction over an aggregate of 5,267,541 Class A Shares (of which an aggregate of 2,984,738 Class A Shares were owned by Mr. Cudney directly and an aggregate of 2,282,803 Class A Shares were owned by Cudney Stables Inc. ("Cudney Stables"), an entity owned by Mr. Cudney), an aggregate of 27,148 Class B Shares, and convertible securities of Northfield entitling Mr. Cudney to acquire an additional 479,363 Class A Shares, representing (i) approximately 19.5% of the number of issued and outstanding Class A Shares, 100% of the number of issued and outstanding Class B Shares, and approximately 46.4% of the voting power represented by the Northfield Shares, in each case immediately prior to the Closing, (ii) approximately 20.9% of the issued and outstanding Shares, calculated on a partially diluted basis and prior to the Closing, assuming the conversion of all of the issued and outstanding Class B Shares and the exercise of the 479,363 convertible securities only, or (iii) approximately 20.9% of the number of issued and outstanding Class A Shares, calculated on a partially diluted basis and on Closing, assuming no conversion of any of the issued and outstanding Class B Shares but the exercise of the 479,363 convertible securities only (with the votes attached to such Class A Shares, when taken together with the votes attached to the Class B Shares, representing approximately 47.1% of the voting power represented by the Northfield Shares).Immediately following the Closing, Mr. Cudney, together with Cudney Stables, beneficially own and exercise control and direction over an aggregate of 5,267,541 Class A Shares (of which an aggregate of 2,984,738 Class A Shares are beneficially owned by Mr. Cudney, and an aggregate of 2,282,803 Class A Shares are beneficially owned by Cudney Stables), an aggregate of 35,411 Class B Shares, and convertible securities entitling Mr. Cudney to acquire an additional 479,363 Class A Shares, representing (i) approximately 19.5% of the number of issued and outstanding Class A Shares, 100% of the number of issued and outstanding Class B Shares, and approximately 51.4% of the voting power represented by the Northfield Shares, in each case on Closing, (ii) approximately 21.0% of the issued and outstanding Class A Shares on Closing, calculated on a partially diluted basis and on Closing, assuming the conversion of all of the issued and outstanding Class B Shares and the exercise of the 479,363 convertible securities only, or (iii) approximately 20.9% of the number of issued and outstanding Class A Shares, calculated on a partially diluted basis and on Closing, assuming no conversion of any of the issued and outstanding Class B Shares but the exercise of the said 479,363 convertible securities only (with the votes attached to such Class A Shares, when taken together with the votes attached to the Class B Shares, representing approximately 51.9% of the voting power represented by the Northfield Shares).The Class B Shares were acquired by Mr. Cudney pursuant to the Class B Share Issue and were not acquired through the facilities of any marketplace for the Corporation's securities. Mr. Cudney may increase or decrease his investments in the Corporation at any time, or continue to maintain his current investment position, depending on market conditions or any other relevant factor. The Class B Shares were acquired for aggregate consideration of $42,967.60.This portion of this news release is issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires an early warning report to be filed on the System for Electronic Document Analysis and Retrieval+ ("SEDAR+"), accessible at www.sedarplus.ca, containing additional information with respect to the foregoing matters. A copy of the related early warning report may be obtained, following its filing, on the Corporation's SEDAR+ profile or by contacting the Corporation at 141 Adelaide Street West, Suite 301, Toronto, Ontario M5H 3L5, Attention: Michael Leskovec, Chief Financial Officer, Northfield Capital Corporation, Tel: (416) 628-5940.About NorthfieldNorthfield is a publicly traded Canadian investment and operating Corporation with deep roots in resources, mining, aviation, and premium consumer brands. Founded in 1981 by Robert D. Cudney, the Corporation combines over four decades of experience with forward-thinking strategies to unlock opportunities across its diversified portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada and abroad. The Corporation's flagship investment, Juno Corp., is the largest mineral claimholder and the most active explorer in the Ring of Fire. True North Airways, the Corporation's wholly-owned aviation subsidiary, provides charter, cargo, and exploration logistics services across Canada and is expanding internationally through CNA Aviation Corp. in Central America.For more information, visit www.northfieldcapital.com. For further information, please contact:Robert D. Cudney Michael G. Leskovec, CPA, CA
Founder, President & Chief Executive Officer Chief Financial Officer
Telephone: (416) 628-5901
Email: info@northfieldcapital.comForward-Looking Information and Other DisclaimersThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking information") within the meaning of applicable securities laws including, but not limited to, statements with respect to the use of proceeds from the Class B Share Issue. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Corporation. Although the Corporation believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Corporation can give no assurance that they will prove to be correct.Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Corporation's most recent annual management's discussion and analysis that is available on the Corporation's profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent a registration statement or an applicable exemption from the registration requirements. The news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield Completes Issuance Of Class B Multiple Voting Shares

Northfield Capital Completes Acquisition Of Additional Interest In Juno Corp. And Announces Issuance Of Class B Multiple Voting SharesApril 2, 2026 8:40 AM
ACCESS NewswireNot for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly or indirectly, in whole or in part, in or into the United States.TORONTO, ON / ACCESS Newswire / April 2, 2026 / Northfield Capital Corporation (TSX-V:NFD.A) ("Northfield" or the "Company") is pleased to announce that it has completed its previously announced transaction (the "Juno Share Acquisition") to acquire an aggregate of 8,664,675 common shares ("Juno Shares") of Juno Corp. ("Juno"), in accordance with the terms of the share purchase agreements entered into with five shareholders of Juno. In consideration for the Juno Shares acquired, the Company issued to such shareholders an aggregate of 6,301,580 class A restricted voting shares in the capital of the Company (the "Class A Shares") at a deemed issue price of $5.50 per Class A Share for an aggregate transaction value of $34,658,690. As a result of the share acquisition announced today, Northfield's ownership interest in Juno increases from approximately 23.7% to approximately 34.7%. The Juno Share Acquisition was previously announced on March 31, 2026.Separately, the Company announces the proposed issuance of an aggregate of 8,263 Class B multiple voting shares of the Company (the "Class B Shares") to Mr. Robert Cudney, the President, Chief Executive Officer and a director of the Company, on a non-brokered private placement basis at a price of $5.20 per Class B Share, for aggregate gross proceeds of $42,967.60 (the "Class B Share Issue") in order for Mr. Cudney to maintain his pro rata voting interest in respect of the Class B Shares following the completion of the Juno Share Acquisition.As of immediately prior to closing of the Juno Share Acquisition, Mr. Cudney beneficially owned, or exercised control and direction over, Class B Shares representing approximately 39.6% of the total voting power represented by the issued and outstanding voting securities of the Company. The Class B Share Issue is being undertaken to allow Mr. Cudney to maintain the total voting power represented by the Class B Shares held by Mr. Cudney immediately prior to the closing of the Juno Share Acquisition. The Class B Shares are being issued in accordance with the resolutions of the shareholders of the Company passed at the meeting of shareholders of the Company held in December 1986, which authorized the board of directors of the Company (the "Board") to issue additional Class B Shares to Mr. Cudney at an issue price equal to the market price of the Class A restricted voting shares of the Company on the day before the Board approves such issuance.The Class B Share Issue remains subject to approval by the TSXV. All securities issued and issuable pursuant to the Class B Share Issue will be subject to a hold period of four months plus one day from the date of closing of the Class B Share Issue.The Company intends to use the net proceeds of the Class B Share Issue for working capital and general corporate purposes.TSXV Policy 5.9 and MI 61-101Mr. Cudney is the President, Chief Executive Officer and a director of the Company, and accordingly, is a Non-Arm's Length Party (as such term is defined in the policies of the TSXV) in relation to the Company and a "related party" of the Company pursuant to MI 61-101.The participation in the Class B Share Issue by a related party of the Company constitutes a "related party transaction" as defined under MI 61-101 and Policy 5.9 - Protection of Minority Security Holders in Special Transactions of the TSXV. However, pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, the Company is exempt from obtaining a formal valuation and minority approval of the Company's shareholders in respect of the Class B Share Issue due to the fair market value of the related party participation being below 25% of the Company's market capitalization for the purposes of MI 61-101.About Northfield Capital CorporationNorthfield is a publicly traded Canadian investment and operating company with deep roots in resources, mining, aviation, and premium consumer brands. Founded in 1981 by Robert D. Cudney, the Company combines over four decades of experience with forward-thinking strategies to unlock opportunities across its diversified portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada and abroad. The Company's flagship investment, Juno Corp., is the largest mineral claimholder and the most active explorer in the Ring of Fire. True North Airways, the Company's wholly-owned aviation subsidiary, provides charter, cargo, and exploration logistics services across Canada and is expanding internationally through CNA Aviation Corp. in Central America.For more information, visit www.northfieldcapital.com.For further information, please contact:Michael G. Leskovec, CPA, CA
Chief Financial Officer
Telephone: (416) 628-5940
Email: info@northfieldcapital.comForward-Looking Information and Other DisclaimersThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking information") within the meaning of applicable securities laws including, but not limited to, statements with respect to the Class B Share Issue (including, the securities laws expected to be applicable thereto) and the receipt of TSXV acceptance for the Class B Share Issue. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis that is available on the Company's profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent a registration statement or an applicable exemption from the registration requirements. The news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield Capital Completes Acquisition Of Additional Interest In Juno Corp. And Announces Issuance Of Class B Multiple Voting Shares

Northfield Deepens Strategic Investment in Juno Corp. By Increasing Ownership to 34.7%March 31, 2026 10:10 AM
ACCESS NewswireNot for distribution to U.S. Newswire Services or for release, publication, distribution or dissemination directly or indirectly, in whole or in part, in or into the United States.TORONTO, ON / ACCESS Newswire / March 31, 2026 / Northfield Capital Corporation (TSX-V:NFD.A) (the "Company") announces that today it has entered into binding share purchase agreements (the "Purchase Agreements") with five shareholders of Juno Corp. ("Juno") pursuant to which the Company has agreed to acquire an aggregate of 8,664,675 common shares of Juno ("Juno Shares") in consideration for the issuance to such shareholders of an aggregate of 6,301,580 class A restricted voting shares in the capital of the Company (the "Class A Shares") at a deemed issue price of $5.50 per Class A Share. Pursuant to the transactions contemplated in the Purchase Agreements (collectively, the "Juno Share Acquisition"), each Juno Share will be exchanged for 0.727272727 of a Class A Share.As a result of the Juno Share Acquisition, the Company's ownership interest in Juno will increase from approximately 23.7% to approximately 34.7%, representing a step forward in the Company's strategy to increase its exposure to Juno and the Ring of Fire, one of North America's most significant critical minerals and precious metals opportunities.Robert Cudney, President and Chief Executive Officer of the Company, commented: "We are pleased to be deepening Northfield's investment in Juno at a time when the Ring of Fire is undergoing a transformation. With drills turning on a $20 million program, roads breaking ground this summer, and a new transmission line under development, the long-awaited catalysts for the Ring of Fire are now materializing. Increasing our ownership to nearly 35% reflects our belief that Juno - as a large mineral claimholder in the Ring of Fire - is positioned to be a beneficiary of this opportunity, and that its value today understates what lies ahead."The participation in the Juno Share Acquisition by Mr. John McBride, a director of the Company, as described below, constitutes a Non-Arm's Length Transaction (as such term is defined in the policies of the TSX Venture Exchange (the "TSXV").Strategic RationaleJuno is a private Ontario-based exploration company and the largest mineral claimholder in the Ring of Fire - representing more than 55% of the district on a land position basis. The Company's decision to deepen its investment in Juno is driven by a convergence of factors that management believes are creating a compelling and time-sensitive opportunity:Exploration Momentum - Juno's 2026 exploration campaign represents the most significant drilling commitment in the Ring of Fire in recent memory. Three drill rigs are currently in the field executing a fully funded $20 million, 100-hole program across two district-scale discoveries: the Big Thunder Gold District, which hosts the high-grade Pluto and North Edge gold discoveries, and the Vespa Critical Minerals Complex, where resource drilling is advancing toward a maiden resource estimate for a system hosting vanadium, titanium, high-purity iron, scandium and gallium.Government Infrastructure - The Ring of Fire is entering a defining development phase. Ontario has released an accelerated plan to complete all-season road construction up to five years ahead of schedule, with road construction beginning in June 2026 and the first roads opening in November 2030. Ontario has committed over $1 billion to Ring of Fire road infrastructure and is also advancing a new 230-kilometre Greenstone Transmission Line through a First Nations Equity Partnership Model. These commitments, combined with the historic Ontario-Canada "One Project, One Process, One Decision" cooperation agreement signed in December 2025, have fundamentally transformed the Ring of Fire's development timeline.Critical Minerals Alignment - Ontario's recent addition of high-purity iron and aluminum to its Critical Minerals List and the renewal of its Critical Minerals Strategy reinforce the strategic importance of Juno's Vespa discovery. Ontario now ranks as the top low-risk jurisdiction for mining investment in Canada and second globally.The Juno Share AcquisitionThe Purchase Agreements contain customary representations, warranties and agreements, conditions to closing and other obligations of the parties. Closing of the Juno Share Acquisition is anticipated to be completed upon the Company obtaining the necessary acceptance of the TSXV for the consummation of the transaction and disinterested shareholder approval in accordance with the policies of the TSXV. The Juno Share Acquisition will be exempt from prospectus requirements pursuant to Section 2.16 of National Instrument 45-106 - Prospectus Exemptions (the take-over bid and issuer bid transaction exemption).Disinterested shareholder approval will be required for the Juno Share Acquisition under the policies of the TSXV which Northfield intends to obtain via written consent of disinterested shareholders holding the majority of the voting control of the Company. No finders fees will be paid in connection with the Juno Share Acquisition.Pursuant to Policy 5.9 - Protection of Minority Security Holders in Special Transactions of the TSXV and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), the transactions contemplated by the Purchase Agreement entered into between the Company and Mr. John McBride (the "McBride Purchase Agreement") constitutes a "related party transaction" due to the fact that Mr. McBride is an insider of the Company. However, the Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 in respect of such transaction, as neither the fair market value of securities acquired from or issued to Mr. McBride (individually or in the aggregate) pursuant to the McBride Purchase Agreement, nor the fair market value of the transactions contemplated by the McBride Purchase Agreement, exceeds 25% of the Company's market capitalization as determined in accordance with MI 61-101.About NorthfieldNorthfield is a publicly traded Canadian investment and operating company with deep roots in resources, mining, aviation, and premium consumer brands. Founded in 1981 by Robert D. Cudney, the Company combines over four decades of experience with forward-thinking strategies to unlock opportunities across its diversified portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada and abroad. The Company's flagship investment, Juno Corp., is the largest mineral claimholder and the most active explorer in the Ring of Fire. True North Airways, the Company's wholly-owned aviation subsidiary, provides charter, cargo, and exploration logistics services across Canada and is expanding internationally through CNA Aviation Corp. in Central America.For more information, visit www.northfieldcapital.com.For further information, please contact:Robert D. CudneyMichael G. Leskovec, CPA, CAFounder, President & Chief Executive OfficerChief Financial Officer Telephone: (416) 628-5901 Email: info@northfieldcapital.com Qualified PersonScott Zelligan, P. Geo. (PGO #2078), Director of Exploration for Juno Corp. is considered a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical disclosure contained in this news release.Forward-Looking Information and Other DisclaimersThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking information") within the meaning of applicable securities laws including, but not limited to, statements with respect to the Juno Share Acquisition (including, the anticipated closing date thereof and the securities laws expected to be applicable thereto), the receipt of TSXV acceptance and disinterested shareholder approval for the Juno Share Acquisition, Juno's 2026 exploration campaign and its exploration in the Ring of Fire (and expectations with respect thereto), the expected results and objectives of Juno's drilling program, government infrastructure commitments and timelines, the development of all-season roads and transmission infrastructure in the Ring of Fire, and the anticipated benefits of Juno's mineral properties and exploration activities. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information are based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct.Since forward-looking information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis that is available on the Company's profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking information included in this news release are expressly qualified by this cautionary statement. The forward-looking information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.The securities offered will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent a registration statement or an applicable exemption from the registration requirements. The news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield Deepens Strategic Investment in Juno Corp. By Increasing Ownership to 34.7%

Northfield Capital Announces Planned Name Change to Juno International Corp.March 11, 2026 7:01 AM
ACCESS NewswireNew Name Reflects the Strategic Importance of Juno Corp. and the Company's Expanding International FootprintTORONTO, ON / ACCESS Newswire / March 11, 2026 / Northfield Capital Corporation ("Northfield" or the "Company") (TSXV:NFD.A) is pleased to announce that it intends to change its name from "Northfield Capital Corporation" to "Juno International Corp." (the "Name Change"), subject to applicable regulatory and shareholder approvals. The Name Change reflects the transformational growth of the Company's flagship investment, Juno Corp. ("Juno"), and the Company's expanding international presence through its wholly-owned aviation subsidiary, True North Airways."The name Juno International Corp. better represents who we are today and where we are going," said Robert Cudney, Founder, President & CEO of Northfield and Founder & CEO of Juno Corp. "Our portfolio has evolved dramatically. Juno Corp. is advancing the largest drilling program the Ring of Fire has seen in over a decade, our aviation business is expanding internationally into one of the most exciting growth markets in the world, and we are well-financed to execute on all fronts. This is the right time for a name that reflects the full scope of our ambitions."Juno Corp. - The Ring of Fire's Largest Mineral ClaimholderJuno Corp. is a private, Ontario-based mineral exploration company and the largest mineral claimholder in the Ring of Fire, controlling approximately 29,956 claims covering 5,796 km²-an area comparable in size to the Greater Toronto Area. The Company is currently executing what it believes to be the largest drilling program in the Ring of Fire in over a decade, with a fully funded exploration campaign targeting multiple district-scale discovery opportunities across its expansive land package.Juno's exploration strategy is focused on unlocking the full mineral potential and designed to grow the metal inventory of the Ring of Fire across several major geological systems. The Company is advancing the Big Thunder Gold District, an emerging high-grade gold system, alongside the Vespa Critical Minerals discovery, a large high-purity iron-titanium-vanadium system enriched in scandium and gallium. Juno also controls highly prospective magmatic sulphide targets such as Vulcan, with potential for copper-nickel-platinum group element mineralization analogous to Wyloo Metals' Eagle's Nest deposit, a known economic nickel-copper deposit advancing toward development in the central Ring of Fire. In addition, the Company is advancing the Whale target, a mineralized corridor extending over 20 kilometres, which hosts multiple geological features consistent with volcanogenic massive sulphide (VMS), magmatic massive sulphide (MMS), and layered intrusive systems. These environments are known to host important mineral deposits in the district, including VMS mineralization at Jupiter and the McFaulds Lake deposits, and layered intrusive systems prospective for titanium, vanadium, chromite and other critical minerals.With the largest and most prospective land position in the district, Juno is focused on systematically advancing multiple discovery opportunities through modern exploration techniques, responsible development practices, and strong partnerships with local communities and governments.Ontario Accelerates Ring of Fire InfrastructureThe Province of Ontario recently announced an accelerated construction schedule for all-season roads to the Ring of Fire, with construction planned to begin as early as June 2026 and the first roads expected to open by November 2030 - up to five years ahead of the original schedule. Ontario has also signed new economic partnership agreements with Marten Falls First Nation and Webequie First Nation, and has added high-purity iron and aluminum to Ontario's Critical Minerals List - a designation that directly supports the strategic significance of Juno's Vespa discovery. Provincial estimates project the Ring of Fire could create more than 70,000 jobs and add $22 billion to Ontario's economy over the next 30 years.Diversified Exploration PortfolioThe Company also holds strategic interests in a diversified portfolio of publicly traded exploration and royalty companies, each advancing high-quality programs across multiple jurisdictions.Evolve Royalties Ltd. (CSE:EVR) is building a base and critical metals royalty portfolio, having recently entered into a USD$32.5 million agreement to acquire a cash-flowing tin royalty on the producing Uis Mine in Namibia.Gold Hart Copper Corp. (TSXV:HART) is drilling a large-scale gold-copper porphyry target in Chile's prolific Vicuña District, adjacent to the Lundin-Filo-BHP complex, and recently upsized its financing to approximately $18.6 million on strong investor demand.Rocky Shore Gold Ltd. (CSE:RSG) is commencing its inaugural drill program at the 100%-owned Gold Anchor Project in central Newfoundland, one of the largest land packages in an emerging gold district, following a $6.1 million oversubscribed placement.Boreal Gold Inc. (CSE:BGLD) holds high-grade gold assets near Snow Lake, Manitoba, with drilling planned for 2026 funded by a recent $3 million financing.Northfield maintains active governance participation across its portfolio, with board or advisory representation at each company, including Fraser Laschinger at Evolve Royalties, Robert Cudney and Sean Roosen at Gold Hart Copper, Michael Leskovec at Rocky Shore Gold, and Ken Lapierre at Boreal Gold.True North Airways - Aviation Operations Expanding InternationallyTrue North Airways ("TNA"), the Company's wholly-owned aviation subsidiary, continues to expand its fleet and operational footprint. TNA currently operates a fleet of 14 aircraft serving charter, cargo, and exploration logistics across Northern Ontario.CNA Aviation Corp. ("CNA"), a subsidiary of True North Airways, recently received its operating license in El Salvador, positioning CNA as a regional air freight hub in one of the fastest-growing economies in the Americas. CNA is expanding rapidly and the Company views Central America as a significant growth opportunity for its aviation platform.Strong Financial PositionNorthfield is well-financed to execute on its strategic priorities. Management believes the Company is funded to advance its exploration programs, grow its aviation operations, and pursue additional value-creating opportunities across its portfolio.Name Change DetailsThe Name Change is subject to applicable regulatory approvals, including the approval of the TSX Venture Exchange and shareholder approval at the Company's next annual general meeting. The Company expects the Name Change to become effective as soon as possible following its annual general meeting in Q2 2026.Management believes the new name more completely represents the Company's business today and its strategic direction as the premier public gateway to Ontario's Ring of Fire and a growing international investment and operating platform.About NorthfieldNorthfield is a publicly traded Canadian investment and operating company with deep roots in resources, mining, aviation, and premium consumer brands. Founded in 1981 by Robert D. Cudney, the Company combines over four decades of experience with forward-thinking strategies to unlock opportunities across its diversified portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada and abroad. The Company's flagship investment, Juno Corp., is Canada's largest mineral claimholder and the most active explorer in Ontario's Ring of Fire. True North Airways, the Company's wholly-owned aviation subsidiary, provides charter, cargo, and exploration logistics services across Canada and is expanding internationally through CNA Aviation Corp. in Central America.For more information, visit www.northfieldcapital.com.For further information, please contact:Robert D. Cudney
Founder, President & Chief Executive OfficerMichael G. Leskovec, CPA, CA
Chief Financial OfficerTelephone: (416) 628-5940
Email: info@northfieldcapital.comQualified PersonScott Zelligan, P. Geo. (PGO #2078), Director of Exploration for Juno Corp. is considered a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical disclosure contained in this news release.Forward Looking InformationThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, statements concerning: Name Change, the timing of the Name Change, the Company's exploration and drilling programs, its aviation expansion plans, the anticipated benefits of the Ring of Fire infrastructure developments, the fully funded financial position of Northfield for its currently proposed 2026 activities; the strategic importance of Ring of Fire critical minerals; the expectations with respect to its investments; and the Company's strategic plans generally. Forward-looking information is identified by the use of terms and phrases such as "would", "positions", "benefit", "committed", "accelerate", "advancing", "catalyst", and similar terms and phrases, including references to assumptions.Forward-looking information is based on certain assumptions, including: the Juno exploration work will be successful and further mineralization will be found; Juno will be able to establish a mineral resource estimate; that necessary approvals and permits for infrastructure will be obtained to make the Ring of Fire project viable; that applicable First Nations engagement and consultation processes will proceed as anticipated; that there will be no material changes to government policy or regulatory frameworks; that economic conditions will remain favourable for infrastructure development and mineral exploration; that Juno will be able to maintain its mineral claims in good standing; that Evolve will continue to profit from its royalty assets; that other investments will preform as expected; that the distillery, winery and aviation business will each continue to generate revenue and be accretive investment for Northfield.Forward-looking information involves known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including: changes in government policy, priorities, or regulatory frameworks at the federal or provincial level; delays or changes to environmental assessment processes; changes in relationships with First Nations communities or outcomes of ongoing legal proceedings related to Ring of Fire development; failure to obtain necessary permits, approvals, or authorizations; changes in the scope, design, or timing of proposed infrastructure projects; fluctuations in commodity prices; changes in general economic conditions; the ability to secure financing for exploration activities; risk related to consumer preferences with respect to alcohol; travel industry risks and regulations and other risks described in the continuous disclosure documents of Northfield filed on SEDAR+ at www.sedarplus.ca.Although management of Northfield has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the forward-looking information contained in this news release is based upon what the management of Northfield believes, or believed at the time, to be reasonable assumptions, Northfield cannot assure shareholders that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. Northfield does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield Capital Announces Planned Name Change to Juno International Corp.

Northfield Announces Intention to Commence Normal Course Issuer BidFebruary 24, 2026 7:10 PM
ACCESS NewswireTORONTO, ON / ACCESS Newswire / February 24, 2026 / Northfield Capital Corporation (TSXV:NFD.A) ("Northfield") announced today its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange.Northfield may, during the 12-month period commencing February 27, 2026 and ending February 26, 2027, purchase on the TSX Venture Exchange up to 1,035,239 Class A restricted voting shares in total, representing approximately 5% of the 20,704,780 Class A restricted voting shares currently issued and outstanding. The price which Northfield will pay for any such shares will be the market price at the time of acquisition. The actual number of Class A restricted voting shares which may be purchased and the timing of any such purchases will be determined by Northfield.Northfield has retained Leede Financial Inc. to effect purchases on its behalf pursuant to the bid. All Class A restricted voting shares purchased pursuant to the bid will be surrendered by Northfield to its transfer agent for cancellation and will be returned to treasury. Northfield is effecting the bid at this time as it believes that its Class A restricted voting shares are undervalued at their current market prices and that the purchase of Class A restricted voting shares would be a prudent use of funds.Northfield previously purchased an aggregate of 32,600 Class A restricted voting shares through the facilities of the TSX Venture Exchange under a normal course issuer bid (the "2025 NCIB") conducted by Northfield, which commenced January 15, 2025 and ended on January 14, 2026. The shares purchased by Northfield under the 2025 NCIB were purchased at an average price of $5.77 per share and were cancelled and returned to treasury.About NorthfieldNorthfield is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit www.northfieldcapital.com.For more information, visit www.northfieldcapital.com.For further information, please contact:Michael G. Leskovec, CPA, CA
Chief Financial Officer
Telephone: (416) 628-5940
Email: info@northfieldcapital.comForward-Looking InformationThis news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable Canadian securities laws. Generally, forward-looking information can be identified by the use of terms such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will", "would", and "should" and similar terms and phrases, including references to assumptions. Forward-looking information in this news release includes, but is not limited to, Northfield's plans, objectives, expectations and intentions, including statements with respect to the purchase of Class A restricted voting shares. Forward-looking information, by its nature, is based on assumptions and are subject to important risks and uncertainties. Any forecasts, predictions or forward-looking information cannot be relied upon due to, among other things, changing external events and general uncertainties of the business and its corporate structure. Results indicated in forward-looking information may differ materially from actual results for a number of reasons. The forward-looking information contained herein is subject to change. However, Northfield disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.Neither 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 press release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Northfield Announces Intention to Commence Normal Course Issuer Bid

Ontario Powers the Path Forward: Northfield and Juno Welcome Historic Power Infrastructure for the Ring of FireFebruary 2, 2026 7:00 AM
ACCESS NewswireProvince's 230-Kilometre Greenstone Transmission Line a Priority Project7,000 Jobs and 700 Megawatts: Ontario Accelerates Ring of Fire InfrastructureTORONTO, ON / ACCESS Newswire / February 2, 2026 / Northfield Capital Corporation (TSX-V:NFD.A) (or "Northfield") and Juno Corp. (or "Juno") welcome the Ontario government's announcement that it has declared the Greenstone Transmission Line a priority project and designated Hydro One to develop and construct the critical infrastructure. This milestone announcement represents the next transformational step in developing the electrical infrastructure necessary to power responsible, sustainable development of the First Nation communities and Ontario's Ring of Fire mineral district."This announcement completes the trifecta of critical infrastructure required to unlock the Ring of Fire," said Robert D. Cudney, President & CEO of Northfield and CEO of Juno. "With both the Webequie Supply Road and Marten Falls Community Access Road now advancing, and the Greenstone Transmission Line designated as a priority project, the essential infrastructure components - roads and power - are now moving forward in partnership with First Nations communities. The Province's goal of completing this project by 2032 demonstrates unprecedented momentum toward responsible development of one of the world's most significant critical mineral deposits."The proposed 230-kilometre transmission line will run from Nipigon Bay to near Aroland First Nation, which the Province has identified as the "gateway to the Ring of Fire." The single-circuit 230-kilovolt line, designed to support a future second circuit, will add up to 700 megawatts of additional electrical capacity to Northern Ontarioand is estimated to be completed by 2032. The project is anticipated to create more than 7,000 jobs, with the Province and Hydro One committing to leverage Canadian and Ontario supply chains, with 93 per cent of project costs to date remaining in Canada.A central feature of the project is Ontario's commitment to Indigenous partnership through Hydro One's First Nations Equity Partnership Model, which will include First Nations leadership in decision-making and 50 per cent ownership of the transmission line. The Aroland - Ontario Shared Prosperity Agreement includes $70 million to advance work on the new line, representing a significant step forward in economic reconciliation and infrastructure development in Northern Ontario.Juno Corp., as the largest mineral claim holder in the Ring of Fire with over 5,796 km², holds extensive exploration properties that will directly benefit from the enhanced electrical infrastructure. Juno's recent exploration programs resulted in three major discoveries, including the Vespa Critical Minerals Complex (titanium-vanadium-high-purity-iron-scandium-gallium) and the Big Thunder Gold District, which hosts the high-grade Pluto and North Edge gold discoveries.Northfield holds a significant ownership position in Juno as part of its investment portfolio. The acceleration of Ring of Fire infrastructure development represents a positive catalyst for Northfield's investment thesis in the mineral rich region."Northfield's investment in Juno has been premised on the strategic importance of Ring of Fire critical minerals and gold, and the recognition that both road and electrical infrastructure are essential to unlocking these resources," added Cudney. "The transmission line represents a foundational investment that will enable economic mineral development for decades to come. Combined with the recent federal-provincial cooperation agreement establishing 'One Project, One Review, One Decision' framework, we are witnessing the transformation of the Ring of Fire from potential to reality. We commend the Province and First Nations leadership for their shared vision in advancing this critical infrastructure."The Greenstone Transmission Line will provide the essential electrical infrastructure to power future mining operations in the Ring of Fire while also reducing First Nations communities' reliance on diesel generation. The Independent Electricity System Operator has noted that electricity demand in Northern Ontario is projected to increase by 81 per cent by 2050 as development progresses, making this infrastructure investment essential for the region's future.The Ring of Fire mineral district in Northern Ontario contains significant discoveries of critical minerals including titanium, vanadium, chromite, nickel, copper, PGE's and gold. The Province has indicated that development in the Ring of Fire has the potential to support more than 70,000 jobs across Ontario and generate approximately $22 billion in economic output over 30 years. The district is increasingly recognized as having national strategic importance to both Canadian and United States economies, particularly for securing domestic sources of critical minerals essential to manufacturing, defense, and clean energy applications.About Juno Corp.Juno Corp. is a private Ontario-based exploration company and the largest mineral claim holder in the Ring of Fire. With 5,796 km² of mineral claims in the district, Juno is at the forefront of unlocking the region's gold and critical mineral potential through innovation, collaboration, and responsible exploration. The Company has signed agreements with three nearby First Nations communities to foster economic participation and support for local cultural and commercial activities.About NorthfieldNorthfield is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada.For more information, visit www.northfieldcapital.com.For further information, please contact:Michael G. Leskovec, CPA, CA
Chief Financial Officer
Telephone: (416) 628-5940
Email: info@northfieldcapital.comQualified PersonScott Zelligan, P. Geo. (PGO #2078), Director of Exploration for Juno Corp. is considered a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the scientific and technical disclosure contained in this news release.Forward Looking InformationThis news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved".Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, including, but not limited to, the Greenstone Transmission Line, the Marten Falls Community Access Road, the Webequie Supply Road and priority community infrastructure investments, Northfield's investment in Juno, the presence of minerals and mineral deposits in the Ring of Fire, and the future development of Juno's properties and the Ring of Fire. The forward-looking information is based on reasonable assumptions and estimates of the management of Northfield and Juno at the time such statements were made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Northfield and/or Juno to be materially different from those expressed or implied by such forward-looking information, including, as applicable, risks associated with the exploration; future commodity prices; changes in regulations; political or economic developments; environmental risks; permitting timelines; capital expenditures; technical difficulties in connection with exploration activities; the speculative nature of mineral including the risks of diminishing quantities of grades of resources, contests over title to properties, Juno's limited operating history, future capital needs and uncertainty of financing, and the competitive nature of the mining industry; the need for Northfield and Juno to manage their respective future strategic plans; global economic and financial market conditions; uninsurable risks; changes in project parameters as plans continue to be evaluated; and in respect of Northfield, those other risks described in the continuous disclosure documents of Northfield filed on SEDAR+ at www.sedarplus.ca.Although management of Northfield and Juno has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the forward-looking information contained in this news release are based upon what the respective management of Northfield and Juno believes, or believed at the time, to be reasonable assumptions, Northfield and Juno cannot assure shareholders that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. Northfield and Juno do not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.Neither 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 news release.SOURCE: Northfield Capital CorporationView the original press release on ACCESS NewswireOriginal: Ontario Powers the Path Forward: Northfield and Juno Welcome Historic Power Infrastructure for the Ring of Fire