sur Goldcliff Resource Corp. (CVE:GCN)
Goldcliff Completes Third Tranche of Private Placement
Goldcliff Resource Corporation has announced the closure of the third tranche of its non-brokered private placement, raising $210,000 through the issuance of 3,000,000 flow-through shares. These securities were offered under the issuer financing exemption provided by National Instrument 45-106. The funds will be allocated to drilling at Kettle Valley and preparation work at the Ainsworth silver project in British Columbia. These are designated as flow-through mining expenditures under Canadian tax law.
As part of this closure, Goldcliff paid a $14,700 finder's fee and issued 210,000 finder's warrants to Canaccord Genuity Corp. Certain portions of the investment remain available until December 4, 2025. The entire operations await the TSXV's final acceptance.
R. H.
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