Core Viewpoint - Graycliff Exploration Limited has appointed Arndt Roehlig as the new President and CEO, effective immediately, highlighting his extensive experience in the resource and technology sectors [1] Group 1: Leadership Changes - Arndt Roehlig has been appointed as President, CEO, and director of Graycliff Exploration Limited, bringing decades of corporate experience and a successful track record in raising funds for public companies [1] - James Macintosh will continue to serve on the board and has been appointed as Chairman of the Company [2] Group 2: Financial Activities - The Company has arranged a non-brokered private placement to issue up to 4,400,000 common shares at a price of $0.10 per share, aiming for gross proceeds of up to $440,000 [3] - Proceeds from the Offering will be utilized for general corporate and working capital purposes, with the closing subject to regulatory approvals [3] Group 3: Company Overview - Graycliff Exploration is focused on mineral exploration, particularly on its 1,468 hectares of land located approximately 80 kilometers west of Sudbury, associated with the historic Shakespeare Gold Mine [4] - The Shakespeare Project includes one crown patented lease, two crown leases, and 40 claims, with over 12,500 meters drilled and visible gold identified in multiple holes [4]
Graycliff Exploration Announces New CEO and Proposed Private Placement