Graycliff Exploration Announces Private Placement

Group 1 - The company, Graycliff Exploration Limited, plans to complete a non-brokered private placement of up to 5,000,000 units at a price of $0.12 per unit, aiming for gross proceeds of up to $600,000 [1] - Each unit will consist of one common share and one half of a common share purchase warrant, with each whole warrant exercisable at $0.18 per share for one year from issuance [1] - The net proceeds from the offering will be used for general working capital and geological data interpretation work on the recently acquired Shakespeare gold project [2] Group 2 - Graycliff Exploration is focused on mineral exploration, particularly on its 1,468 hectares of land located approximately 80 kilometers west of Sudbury, within the Canadian Shield [4] - The Shakespeare Project includes one crown patented lease, two crown leases, and 40 claims associated with the historic Shakespeare Gold Mine, with over 12,500 meters drilled and visible gold identified in several holes [4]