GOLDCLFF CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT George W. Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the “Company”)

#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] September 1 ,2016 GOLDCLFF CLOSES SECOND TRANCHE OF PRIVATE PLACEMENT

George W. Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the “Company”) announces that the Company has completed the second tranche closing of its previously announced non-brokered private placement (“Private Placement”) (see Goldcliff News Release dated August 8, 2016 and August 25, 2016).

At the closing of the second tranche on August 31, 2016, the Company issued 2,600,000 units for gross proceeds of $494,000. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of $0.25 per share for a period of two years from the date of closing. The Company paid finder’s fees totalling $14,250 in cash and issued 75,000 finder’s warrants in connection with the second tranche of the Private Placement. Each finder’s warrant entitles the holder to purchase one common share at a price of $0.25 per share for a period of two years from the date of closing. All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.

Goldcliff anticipates the final closing to occur on or about September 16, 2016.

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.

Statements regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Except as required by law, the Company does not intend to update any changes to such statements.