Goldcliff Resource Corporation

Goldcliff Resource Corporation

June 19, 2008 21:44 ET

Goldcliff Second Financing Close

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2008) - George W. Sanders, President of Goldcliff Resource Corporation (TSX VENTURE:GCN) announces that the Company has closed the second tranche of a non-brokered private placement of 80,000 units at a price of 28 cents per unit for gross proceeds of $22,400. Each unit consists of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of 55 cents for a period of one year from closing. The shares and shares purchased by way of warrant exercise are subject to a resale restriction until October 17, 2008. A cash Finders' Fee of 6% is payable to Raymond James Ltd.


George W. Sanders, President

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