TORONTO, ONTARIO -- (Marketwired) -- 03/13/15 -- Rockcliff Resources Inc. ("Rockcliff" or the "Company") (TSX VENTURE: RCR) wishes to advise that as a result of a review by Staff of the Ontario Securities Commission ("OSC"), the Company is issuing the following news release regarding its disclosure. The OSC noted that the Company was in default of its obligation to file information on its executive compensation disclosure for the financial year ends of both August 31, 2013 and August 31, 2014 (the "Default"). The disclosure was required to be filed no later 140 days after the end of each financial year end. This disclosure is normally included in the Company's Information Circular for its annual meeting. The Company has delayed the holding of its annual meeting for a variety of reasons. The last annual meeting was held on June 19, 2013. The Company has called its next annual meeting for April 30, 2015. Pending finalization of the Information Circular for the upcoming meeting, the Company has remedied the Default by filing a Form 51-102F6 on SEDAR disclosing the Company's executive compensation for the fiscal years ended August 31, 2013 and August 31, 2014.
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company focused on discovery and resource growth of its high-quality mineral properties at its Snow Lake Project. Rockcliff presently controls the Snow Lake Project in central Manitoba, totalling in excess of 400 km2. The project includes two (2) VMS high grade copper rich NI 43-101 Resources (T-1, Rail), two (2) historic high grade VMS copper deposits (Lon and Talbot), the T-2 Copper Zone (Tower), numerous untested geophysical anomalies and several additional properties with VMS potential (Freebeth, Dickstone North). Rockcliff also owns a zinc-silver rich NI 43-101 Resource (Shihan) in Ontario.
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Rockcliff undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
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.
Rockcliff Resources Inc.
Ken Lapierre P.Geo.
President & CEO
(416) 644-1752 or cell: (647) 678-3879
(416) 644-1758 (FAX)
Rockcliff's New Address:
520-141 Adelaide St. W.
Toronto, ON M5H 3L5