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Financings

Goldcliff Announces Unit and Flow Through "LIFE" Offerings

By The Northwire Desk — AI Analysis Sep 04, 2025 · 15:57 GCN · 0.045 Goldcliff Resource Corporation
GCN · Price

Executive Summary

  • Goldcliff Resource Corp. re‑announces a non‑brokered private placement for up to $825,000 of gross proceeds.
  • The offering consists of up to 5 million NFT Units at $0.045 each and up to 10 million flow‑through shares at $0.06 each, with associated warrants exercisable at $0.08 per share.
  • Proceeds are earmarked for property payments on Aurora West & Kettle Valley, drilling and metallurgical work at Kettle Valley, Panorama Ridge sampling, and geophysical surveys at the Ainsworth silver project; closing expected around October 6, 2025.

Key Details

  • Units Offered:
  • Up to 5,000,000 NFT Units @ $0.045 per unit = $225,000 gross proceeds (if fully subscribed).

  • Each NFT Unit includes one common share + half of a non‑transferable warrant; full warrant allows purchase of an additional common share at $0.08 for 24 months post‑closing.

  • Flow‑Through Shares:

  • Up to 10,000,000 FT Shares @ $0.06 per share = $600,000 gross proceeds (if fully subscribed).

  • Each FT Share is a common share qualifying as a flow‑through share for Canadian tax purposes.

  • Total Potential Gross Proceeds: $825,000 (aggregate of both components).

  • Use of Proceeds – NFT Units:

  • Property payments on the Aurora West and Kettle Valley projects.

  • General working capital.

  • Use of Proceeds – FT Shares:

  • Drilling at Kettle Valley.
  • Sample collection for metallurgical test work & geochemical sampling at Panorama Ridge.
  • Additional geochemical and geophysical surveys at the Ainsworth silver project.

  • All expenses to be incurred by Dec 31, 2026 and renounced by Dec 31, 2025.

  • Closing Conditions & Timeline:

  • Anticipated closing on or about October 6, 2025, subject to regulatory approvals (TSXV, NI 45‑106).

  • Insiders may participate under related‑party exemptions; TSXV hold period applies to Canadian resident subscribers.

  • Finder’s Compensation:

  • Potential cash finder's fee of 7% of gross proceeds introduced by eligible finders.

  • Possible issuance of finder’s warrants equal to 7% of the number of NFT Units and/or FT Shares introduced, on the same terms as the unit warrants.

  • Regulatory & Offering Documents:

  • Offering Document dated August 25, 2025 available at www.sedarplus.ca and www.goldcliff.com.
  • Offerings made under the Listed Issuer Financing Exemption (NI 45‑106) in all Canadian provinces except Québec.

Notable Quotes

No direct quotes were included in the release.

Read the original news release →

More from Goldcliff Resource Corporation

Jun 18, 2026 · 08:00

Goldcliff’s trenching at Kettle Valley validates mineralization continuity, with drilling and capital expenditure remaining the primary catalysts for the project.

Drill Results May 13, 2026 · 08:30

Goldcliff Expands Surface Sampling at Kettle Valley as Drill Program Awaits Results

Production / Operations Apr 14, 2026 · 08:30

Goldcliff Extends Kettle Valley Tenure as Trenching Nears Results Phase

Production / Operations Apr 08, 2026 · 08:30

Free gold confirmed at Kettle Valley – a modest boost to Goldcliff’s metallurgical outlook

Drill Results Jan 06, 2026 · 18:34

Goldcliff identifies trench, drill targets at Ainsworth

Drill Results Jan 06, 2026 · 09:00

Goldcliff advances permitting at Ainsworth while facing a precarious balance sheet and persistent reliance on dilutive LIFE offerings.

Drill Results