Goldcliff Enters Loan Agreement and Issuance of Bonus Shares

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]

November 17, 2017

GOLDCLIFF ENTERS LOAN AGREEMENT AND ISSUANCE OF

BONUS SHARES

Vancouver, B.C., Goldcliff Resource Corporation (“Goldcliff” or the “Company”) (TSXV: GCN

OTCBB: GCFFF) wishes to announce that it has entered into a loan agreement (the “ Loan

Agreement”) with George Sanders, the President, Chief Executive Officer and a director of the

Company (the “Lender”) for an amount of $120,000 (the “ Loan”). Proceeds from the Loan will be

used for maintaining the Company’s mineral projects and for general and administrative purposes.

The interest-free Loan will mature on November 17, 2018. As consideration for providing the Loan,

the Company has agreed to issue 137,142 common shares (the “ Bonus Shares”) to the Lender at

a deemed price of $0.175 per Bonus Share. All Bonus Shares will be subject to a four month hold

period from the date of issuance in accordance with applicable securities law.

The Loan Agreement and the Bonus Shares are subject to the acceptance of the TSX Venture

Exchange.

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].

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.