TORONTO, ONTARIO--(Marketwired - Oct. 24, 2013) - Rockcliff Resources Inc. ("Rockcliff" or the "Company") (TSX VENTURE:RCR) is pleased to announce that shareholders overwhelmingly (99%) approved the consolidation of its outstanding capital at a Special Meeting of Shareholders held on Wednesday, October 23, 2013.
The Company has filed Articles of Amendment to consolidate the outstanding capital on the basis of one (1) new share of Rockcliff for each five (5) previously issued and outstanding shares. Commencing Monday, October 28, 2013, the common shares of the Company will trade on a post‐consolidation basis on the TSX Venture Exchange. The new CUSIP number for the Company's common shares post‐consolidation is 772885208. Registered shareholders have received a Letter of Transmittal to exchange their original common shares for post‐consolidation common shares. Beneficial shareholders will have their accounts automatically adjusted.
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company focused on discovery and advancement of its high‐quality mineral properties at its Snow Lake Project. Rockcliff presently controls the Snow Lake Project in Manitoba, totalling in excess of 400 km2. The project includes two VMS high grade copper rich NI43‐101 Resources (Rail and T‐1 Copper Deposits), one historic VMS copper deposit (Lon), the T‐2 Copper Zone (Tower), numerous untested geophysical anomalies and several additional properties with VMS potential. Rockcliff also owns a zinc‐silver rich NI43‐101 Resource (Shihan) in Ontario.
Forward Looking Statement:
Some of the statements contained herein may be forward‐looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward‐looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Rockcliff undertakes no obligation to update such forward‐looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward‐looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.