GOLDCLIFF CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT George W. Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the “Company”) announces that the Company has completed a first tranche closing of its previously announced

www.goldcliff.com

#400 – 789 W. Pender St.

Vancouver, B.C. V6C 1H2

Phone: 250-764-8879

Toll Free: 866-769-4802

GCN.TSXV www.directroyalty.com [email protected]

July 14, 2017

GOLDCLIFF CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

George W. Sanders, President of Goldcliff Resource Corporation (“Goldcliff” or the “Company”)

announces that the Company has completed a first tranche closing of its previously announced

non-brokered private placement (see Goldcliff News Release dated June 6, 2017).

At the closing of the first tranche on July 13, 2017, the Company issued 500,000 Units for gross

proceeds of $85,000. Each Unit issued at the initial closing consists of one common share and one

half of one common share purchase warrant. Each whole warrant entitles the holder to purchase

an additional common share at a price of $0.25 per share for a period of two years from the date of

closing. Any Units purchased by way of the private placement will be subject to four months and a

day resale restrictions. On a portion of the placement closed yesterday Goldcliff will pay a Finders’

Fee of 6% cash and 6% share purchase warrants, exercisable on the same terms as the Private

Placement warrants.

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.