Rockcliff Resources Inc.: Rockcliff Announces Debt Settlement With 2 Creditors
SUDBURY, ONTARIO--(Marketwire - July 14, 2009) - Rockcliff Resources Inc. (TSX VENTURE:RCR)(Tier 1) wishes to announce that it has entered into agreements with two (2) creditors to settle $30,000 in debt owed to these creditors in consideration for the issuance of 400,000 common shares priced at $0.075 per share. This transaction is subject to the approval of the TSX Venture Exchange.
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company focused on the Snow Lake VMS Project located in central Manitoba. The project totals in excess of 527 km2 and is located within the prolific Flin Flon greenstone belt. The project presently includes five historical VMS deposits (Lon, Rail, Reed, Kof, Sylvia), the R1 VMS Zone, the Jackfish nickel zone and numerous additional areas with potential for VMS and nickel mineralization. Rockcliff also controls the Shihan VMS Project located in Northern Ontario.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.