03:52 PM EST - Rockcliff Resources Inc. : said it is undertaking a non-brokered private placement of units to provide it with additional working capital. Rockcliff is offering up to 5 million units at a price of $0.10 per unit, for gross proceeds of up to $500,000. Each unit will consist of one common share of the company and one share purchase warrant, the company announced. Each Warrant will entitle the holder to acquire an additional common share at the price of $0.15 for a period of 18 months from closing, Rockcliff Resources noted. Also, the company said it may pay finder's fees of up to 8% cash plus up to 10% compensation units for funds raised by eligible finders. Rockcliff Resources Inc.
shares V.RCR are trading up $0.02 at $0.14.
