Northfield Capital Announces Updates from Juno Corp. and Forward Share Split

Northfield Capital announces updates from cornerstone investment Juno Corp., a leading explorer in the Ring of Fire region of northern Ontario. Juno Corp. has reported successful results from its 2024 drilling campaign, underscoring the potential of Northfield's investment. Northfield is undertaking a forward share split of Class A and Class B shares, with a record date of February 6, 2025, and a payment date of February 11, 2025.

Northfield Capital Corporation (NFD.A), a leading investment firm specializing in the finance and mining sectors, has recently announced updates from one of its cornerstone investments, Juno Corp. (1). Based in the Ring of Fire region of northern Ontario, Juno Corp. is a prominent explorer known for its successful 2024 drilling campaign, which has significantly boosted Northfield's confidence in the company's potential.

The latest results from Juno Corp.'s drilling campaign have demonstrated the company's commitment to unlocking the vast mineral resources in the region. With successful findings in hand, Northfield Capital is poised to benefit from Juno's continued growth and success.

In addition to the promising drilling results, Northfield Capital has also announced a forward share split of its Class A and Class B shares. With a record date of February 6, 2025, and a payment date of February 11, 2025, this share split aims to make the company's shares more accessible to a wider range of investors.

Northfield Capital's recent annual and special meeting, held on June 27, 2024, saw the re-election of all incumbent members of the board of directors, including Maryke Ballard, Robert Cudney, John McBride, Thomas Pladsen, Morris Prychidny, and Ernie Eves. The meeting also approved the re-appointment of MNP LLP as auditors and the implementation of the Omnibus Equity Incentive Plan (2).

The Omnibus Equity Incentive Plan, which was approved by shareholders at the meeting, allows Northfield Capital to grant Awards, including options, restricted share units, and deferred share units, to executive officers, directors, employees, and consultants. The purpose of this plan is to incentivize participants to continue their services, reward them for their performance, and recruit and retain key talent.

As Northfield Capital continues to invest in Juno Corp. and other promising companies, it is clear that the firm's commitment to growth and innovation remains unwavering. With successful drilling results and a share split on the horizon, investors are eager to see what the future holds for both Northfield Capital and Juno Corp.

References:
[1] Northfield Capital Announces 2024 AGM Results. (2024, June 27). Retrieved from https://financialpost.com/globe-newswire/northfield-capital-announces-2024-agm-results
[2] Northfield Capital Corporation - Omnibus Equity Incentive Plan. (n.d.). Retrieved from https://northfieldcapital.com/investors/corporate-governance/equity-compensation-plans/