sur Goldcliff Resource Corp. (CVE:GCN)
Goldcliff Completes Final Tranche of LIFE Offering
Goldcliff Resource Corp., based in Vancouver, has concluded the fourth and final tranche of its non-brokered private placement. This tranche involved the issuance of 240,000 non-flow through units at $0.06 each, raising $14,400. Across all tranches, Goldcliff raised $427,400 total, issuing 240,000 NFT Units and 5,900,000 flow-through shares. The placement used the Listed Issuer Financing Exemption under Canadian regulations.
Funds from NFT Units are allocated for insider reimbursements related to Aurora West and Kettle Valley projects, with remaining for general working capital. Proceeds from FT Shares target the Kettle Valley drilling and Ainsworth silver project preparation, with expenditures qualifying as "flow-through mining expenditures" in Canada.
No finder’s fees were paid. Final TSXV acceptance is pending, and the securities were not registered under U.S. securities legislation.
R. H.
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