GOLDCLIFF ANNOUNCES SHARE CONSOLIDATION DATE George W. Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or “the Company”) is

#400 – 789 W. Pender St. Vancouver, B.C. V6C 1H2 Phone: 250-764-8879 www.goldcliff.com Toll Free: 866-769-4802 GCN.TSXV www.directroyalty.com [email protected]

August 18, 2016

GOLDCLIFF ANNOUNCES SHARE CONSOLIDATION DATE

George W. Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or “the Company”) is pleased to announce that the Company has received the approval of the TSX Venture Exchange to the consolidation of its issued and outstanding common shares on the basis of one new common share for every ten common shares currently issued and outstanding.

The Company’s shares will commence trading on the TSX Venture Exchange on a consolidated basis at the open of markets on Monday, August 22, 2016. On a post-consolidation basis, there are approximately 9,850,050 common shares issued and outstanding. The Company’s name and trading symbol will remain the same.

For further information, please contact George W. Sanders, President, at 250-764-8879, toll free at 1-866-769-4802 or email at [email protected].

GOLDCLIFF RESOURCE CORPORATION

Per: “George W. Sanders”

George W. Sanders, President

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or the accuracy of this news release.