Rockcliff Resources Inc.
TSX VENTURE : RCR

Rockcliff Resources Inc.

January 14, 2008 11:25 ET

Rockcliff Announces Final Closing of Financing

TORONTO, ONTARIO--(Marketwire - Jan. 14, 2008) - Rockcliff Resources Inc. (the "Company)(TSX VENTURE:RCR)(Tier 1) is pleased to announce that further to its press release dated January 3, 2008, it has completed its second and final closing of its non-brokered private placement offering (the "Offering") resulting in a further $100,000. The Company issued 100,000 working capital units at a price of $1.00 per working capital unit (a "WC Unit") with each WC Unit consisting of one (1) common share of the Company and one (1) common share purchase warrant of the Company (a "Warrant"). Each full Warrant entitles the holder to acquire a common share of the Company at $1.50 until the earlier of 5:00 p.m. (Toronto time) (i) January 3, 2010; and (ii) in the event that the closing price of the common shares on the TSX Venture Exchange is at least $2.25 for 10 consecutive trading days, and the 10th trading day (the "Final Trading Day") is at least four (4) months from January 3, 2008, the date which is 30 days from the Final Trading Day. The securities issued will be restricted from trading until May 4, 2008.

The proceeds from the Offering will be used for working capital.

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