Goldcliff Arranges Financing
#400 – 789 W. Pender St. Vancouver, B.C. V6C 1H2 Phone: 250-764-8879 www.goldcliff.com Toll Free: 866-769-4802 GCN.TSXV www.directroyalty.com [email protected]
November 23, 2018
GOLDCLIFF ARRANGES FINANCING
Vancouver, B.C. - Goldcliff Resource Corporation (“Goldcliff” or the “Company”) (GCN: TSX.V, GCFFF: OTCBB PINKS) announces that it has arranged a Non-Brokered Private Placement of up to 5,000,000 Units at a price of $0.07 per Unit, for gross proceeds of $350,000. Each Unit will consist of one common share and one half of one common share purchase Warrant. Each whole Warrant will entitle the holder to purchase one additional common share at a price of $0.08 per share for a period of two years from the date of closing. Any Units purchased by way of the Private Placement will be subject to four months and a day resale restriction. Certain insiders will participate in the placement. The Private Placement is subject to acceptance by the TSX Venture Exchange.
Proceeds from the Private Placement will be applied to working capital and to permitting activities at the Company’s Pine Grove property, Nevada.
For further information, please contact George W. Sanders, President, at 250-764-8879, toll free at 1-866-769-4802 or email at [email protected].
GOLDCLIFF RESOURCE CORPORATION
Per: “George W. Sanders”
George W. Sanders, President
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or the accuracy of this news release.