Graycliff Exploration is pleased to announce the completion of the first tranche of a non-brokered private placement offering of 3,589,963 flow-through units at a price of $0.30 per FT Unit of the Company for gross proceeds of $1,076,989.95. Each FT Unit consists of one common share to be issued as a "flow-through share" and one-half purchase warrant with each whole Warrant entitling the holder to purchase one common
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