{"id":63485,"date":"2026-03-06T04:28:59","date_gmt":"2026-03-05T22:58:59","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2026\/03\/06\/graycliff-exploration-completes-acquisition-of-geologic-data-related-to-its-shakespeare-gold-project\/"},"modified":"2026-03-06T04:28:59","modified_gmt":"2026-03-05T22:58:59","slug":"graycliff-exploration-completes-acquisition-of-geologic-data-related-to-its-shakespeare-gold-project","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2026\/03\/06\/graycliff-exploration-completes-acquisition-of-geologic-data-related-to-its-shakespeare-gold-project\/","title":{"rendered":"Graycliff Exploration Completes Acquisition of Geologic Data Related to its Shakespeare Gold Project"},"content":{"rendered":"<p style=\"text-align: justify;\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/api.newsfilecorp.com\/newsinfo\/286409\/511\" width=\"2\" height=\"2\" \/><\/p>\n<p style=\"text-align: justify;\">Toronto, Ontario&#8211;(Newsfile Corp. &#8211; March 5, 2026) &#8211; <b><u>Graycliff Exploration Limited<\/u>\u00a0<\/b>(CSE : GRAY) (OTC Pink : GRYCF) (FSE : GE0) (the &#8220;<b>Company<\/b>&#8221; or &#8220;<b>Graycliff<\/b>&#8220;) is pleased to announce that it has closed the previously announced acquisition of certain geologic data, core, pulp and material related to the Company&#8217;s Shakespeare Project (see press release dated February 26, 2026). As per the agreement, Graycliff has issued 2,300,000 common shares of the Company to the Vendor or its nominees (the &#8220;Consideration Shares&#8221;).<\/p>\n<p style=\"text-align: justify;\">The Consideration Shares are subject to voluntary resale restrictions, with the following expiries: 25% four months and a day after March 5, 2026 (the &#8220;Closing&#8221;); 25% six months after the Closing; 25% nine months after the Closing; and 25% twelve months after the Closing.<\/p>\n<p style=\"text-align: justify;\">&#8220;The Company is looking forward to reviewing and then assaying the newly acquired drill core,&#8221; said Arndt Roehlig, President and CEO of Graycliff.<\/p>\n<p style=\"text-align: justify;\"><b>About Graycliff Exploration Limited<\/b><\/p>\n<p style=\"text-align: justify;\">Graycliff Exploration is a mineral exploration company focused on its 1,468 hectares of prospective ground, located roughly 80 kilometres west of Sudbury on the prolific Canadian Shield. The Company&#8217;s Shakespeare Project consists of one crown patented lease, two crown leases and 40 claims on a property associated with the historic Shakespeare Gold Mine. Graycliff to date has drilled over 12,500 metres at Shakespeare, with visible gold identified in a significant number of holes.<\/p>\n<div style=\"text-align: justify;\">\n<p>On Behalf of the Board of Directors,<\/p>\n<p>James Macintosh<br \/>\nChairman<\/p>\n<p>For more information, please contact the Company at: <a href=\"mailto:jm@graycliffexploration.com\">jm@graycliffexploration.com<\/a> or (416) 271-8300.<\/p>\n<\/div>\n<p style=\"text-align: justify;\"><i>Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release<\/i><\/p>\n<p style=\"text-align: justify;\"><i>Cautionary Note Regarding Forward-Looking Information: This press release contains &#8220;forward-looking information&#8221; within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to: the completion of the Acquisition and satisfaction of conditions precedent thereto; the issuance of Consideration Shares and the timing of release of resale restrictions thereon; the Company&#8217;s plans, objectives and expectations for exploration and development of the Shakespeare Project; and other events or conditions that may occur in the future. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company&#8217;s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: the risk that the Acquisition may not be completed on the terms announced or at all; general economic conditions; fluctuations in commodity prices; regulatory approvals and requirements; environmental and permitting risks; title risks; and other factors beyond the Company&#8217;s control. The Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. Accordingly, readers should not place undue reliance on forward-looking information.<\/i><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/images.newsfilecorp.com\/files\/8952\/286409_f37f2e1ab4ba895b_logo.jpg\" alt=\"Corporate Logo\" \/><\/p>\n<p style=\"text-align: justify;\">To view the source version of this press release, please visit <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/ppYWqi55Rg\">https:\/\/www.newsfilecorp.com\/release\/286409<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toronto, Ontario&#8211;(Newsfile Corp. &#8211; March 5, 2026) &#8211; Graycliff Exploration Limited\u00a0(CSE : GRAY) (OTC Pink : GRYCF) (FSE : GE0) (the &#8220;Company&#8221; or &#8220;Graycliff&#8220;) is pleased to announce that it has closed the previously announced acquisition of certain geologic data, core, pulp and material related to the Company&#8217;s Shakespeare Project (see press release dated February [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":106422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54732],"tags":[],"class_list":["post-63485","post","type-post","status-publish","format-standard","has-post-thumbnail","category-press-releases"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/63485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=63485"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/63485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/106422"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=63485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=63485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=63485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}