Graycliff Exploration Ltd.: Graycliff Exploration Fully Funded Through to 2022 with Completion of $2.4 Million Private Placement TORONTO, ON Company" or " Graycliff") (CSE:GRAY)(OTCQB:GRYCF)(FSE:GE0) is pleased to report the completion of a non-brokered private placement offering of 1,246,333 non-flow-through units (the " NFT Unit") at $0.75 per NFT Unit and 1,875,000 flow-through shares (" FT Share") at a price of $0.80 per FT Share of the Company (the " Financing") for gross proceeds of $2,434,750. Each NFT Unit consists of one common share which is not a "flow-through" share and one-half purchase warrant (" NFT Warrant"). Each whole NFT Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at a price of $1.00 for two years from the closing.