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Graycliff Exploration Ltd. to Expand Exploration Program with Completion of $780,000 Flow-Through Private Placement

December 24, 2020

Graycliff Exploration is pleased to report the completion of a non-brokered placement offering of 1,560,000 common shares of the Company, issued on a flow-through basis at a price of $0.50 per share for gross proceeds of $780,000. The Company intends to use the net proceeds from the Financing to expand the 2020-2021 exploration program at the Company’s Shakespeare Project in Ontario, Canada.

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