AI assistant
Graycliff Exploration Limited — Share Issue/Capital Change 2023
Oct 11, 2023
47586_rns_2023-10-10_b8ebf28d-9959-4ebc-9f06-00955eff40a4.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
MATERIAL CHANGE REPORT
FORM 51-102F3
ITEM 1 Name and Address of Company
Graycliff Exploration Limited Suite 2702- 401 Bay Street Toronto, Ontario M5H 2Y4
ITEM 2 Date of Material Change
The Material Change occurred on October 11, 2023
ITEM 3 News Release
A news release was issued and disseminated through the facilities of Newswire on October 3, 2023, and filed on SEDAR (www.sedar.com) . A copy of this news release is attached hereto as Schedule “A”.
ITEM 4 Summary of Material Change
The Company consolidated its outstanding common shares on the basis of one (1) post-consolidation common share for every two (2) pre-consolidation common shares effective October 11, 2023 (“Reverse Split”). The Reverse Split resulted in approximately 22,209,908 common shares remaining issued and outstanding.
ITEM 5 Full Description of Material Change
Please refer to Schedule “A”.
ITEM 6 Reliance of Section 7.1 (2) or (3) of National Instrument 51-102
N/A
ITEM 7 Omitted Information
N/A
ITEM 8 Executive Officer
The name and address of an executive officer of the Company who is knowledgeable about the material change and this report is
James Macintosh, President, and Chief Executive Officer Tel: (416) 862-7003
ITEM 9 Date of the Report
October 10, 2023
Schedule “A” Press Release