Toronto, ON – March 7, 2018 – Rockcliff Metals Corporation (“Rockcliff” or the“Company”) (TSX.V: RCLF) (FRANKFURT: RO0, WKN: A2H60G) wishes to announce that it has terminated its previously announced (see Press Release dated January 31, 2018) financing, share consolidation, change of name and appointment of two new directors.
Rockcliff’s President & CEO, Ken Lapierre, stated: “The Board of Directors and Management of Rockcliff have determined that at this time, and in the best interest of its shareholders, the Company will not proceed with the previously announced restructuring that included a $1.5M financing, a 5:1 share consolidation, a change of name and the appointment of two new directors. However, we look forward to focusing on advancing our optioned and 100% owned high-grade VMS and gold properties in one of the most prolific mining camps in the world.”
About Rockcliff Metals Corporation
The Company is a Canadian resource exploration company focused on the discovery, advancement and consolidation of a portfolio of the highest grade, undeveloped metal deposits in the prolific Flin Flon – Snow Lake greenstone belt located in central Manitoba. The Company’s current portfolio of projects, totaling in excess of 45,000 hectares, is located in and around the Snow Lake mining camp and hosts some of the highest grade undeveloped NI 43-101 compliant copper deposits (the gold-rich Talbot copper deposit and the Rail copper deposit), and some of the highest grade undeveloped historical zinc deposits (the Lon zinc deposit, the Bur zinc deposit, the Morgan zinc deposit and the down dip continuation of the Pen zinc deposit). The Company’s properties also include Manitoba’s first and highest grade former lode gold producer (Laguna Gold property), four additional gold-rich properties (SLG Gold property, DSN Gold property, Berry Creek Gold property and Lucky Jack Gold property), a Net Smelter Royalty on the Tower property slated for production in 2020 (the T-1 copper deposit) and the optioned near surface high grade MacBride zinc deposit located north of Snow Lake near Leaf Rapids, Manitoba.
For further information, please contact:
Rockcliff Metals Corporation
Ken Lapierre, P.Geo
President & CEO
Cell: (647) 678-3879
Off: (416) 644-1752
CHF Capital Markets
Cathy Hume, CEO
Phone: (416) 868-1079 ext.231