Goldcliff Announces Closing of Second and Final Tranche of its "LIFE" Offering

VANCOUVER, BC / ACCESS Newswire / October 9, 2025 / George Sanders, President of Goldcliff Resource Corporation ("Goldcliff" or the "Company") (GCN:TSX.V)(GCFFF:OTCBB PINK) is pleased to announce the closing of the Company's second and final tranche of its non-brokered private placement previously announced on August 25, 2025 (the "Private Placement") through the issuance of an aggregate of 400,000 Flow Through shares (each, a "FT Share") at a price of $0.06 per FT Share for aggregate proceeds of $24,000.

Under both tranches of the Private Placement, the Company raised aggregate proceeds of $211,500 through the issuance of an aggregate of: (i) 1,100,000 units (each, a "NFT Unit") for gross proceeds of $49,500; and (ii) 2,700,000 FT Shares for gross proceeds of $162,000.The Private Placement was conducted in reliance upon the Listed Issuer Financing Exemption under Part 5A of National Instrument 45 - 106 - Prospectus Exemptions.

Each NFT Unit was comprised ofone common share of the Company (each, a "Common Share") and one half of one non-transferrable Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire an additional Common Share at an exercise price of $0.08 per Common Share for a period of 24 months. Each FT Share comprises one Common Share which qualifies as a "flow-through share" within the meaning of the Income Tax Act (Canada).

Proceeds from the NFT Units sold under the Private Placement will be applied to property payments on Aurora West and Kettle Valley projects, and to general working capital.

Proceeds from the FT Shares sold under the Private Placement will be applied to drilling at Kettle Valley, sample collection for metallurgical test work and geochemical sampling at Panorama Ridge, and additional geochemical and geophysical surveys at the Ainsworth silver project, as Canadian exploration expenses that will qualify as "flow-through mining expenditures" within the meaning of the Income Tax Act (Canada), and which will be incurred on or before December 31, 2026 and renounced with an effective date no later than December 31, 2025 to the initial purchasers of FT Shares. All three projects are located in British Columbia.