Graycliff Exploration Update re Proposed Consolidation

Rhea-AI Summary

Graycliff Exploration (OTC: GRYCF) announced a proposed share consolidation on a one-for-four basis announced November 18, 2025, subject to approval by the Canadian Securities Exchange.

The Consolidation will reduce outstanding common shares from 17,609,841 to approximately 4,402,460. A new CUSIP (38940L304) and ISIN (CA38940L3048) have been obtained. No name or ticker change will occur.

No fractional post-consolidation shares will be issued: fractions less than one-half will be cancelled and fractions of at least one-half will be rounded up. Registered shareholders will receive letters of transmittal and must submit physical certificates to the transfer agent as instructed; shareholders holding through intermediaries should contact their nominee.

Positive

• Outstanding shares reduced from 17,609,841 to ~4,402,460
• New identifiers assigned: CUSIP 38940L304 and ISIN CA38940L3048

Negative

• Consolidation is subject to CSE approval
• Fractional pre-consolidation holdings may be cancelled if under one-half share

News Market Reaction

+19.00%

1 alert

+19.00% News Effect

On the day this news was published, GRYCF gained 19.00%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Share consolidation ratio: 1-for-4 Pre-consolidation shares: 17,609,841 Post-consolidation shares: 4,402,460 +5 more

8 metrics

Share consolidation ratio 1-for-4 One post-consolidation share for every four pre-consolidation shares

Pre-consolidation shares 17,609,841 Outstanding common shares before consolidation

Post-consolidation shares 4,402,460 Approximate outstanding common shares after consolidation

CUSIP 38940L304 New CUSIP assigned in connection with consolidation

ISIN CA38940L3048 New ISIN assigned in connection with consolidation

Price change 24h 19% Move on day of consolidation update

Current price $0.0263 Price prior to news impact assessment

52-week range position -85.92% vs high; 160.4% vs low Price relative to 52-week high of $0.1868 and low of $0.0101

Market Reality Check

Price: $0.0263 Vol: Volume 5,160 vs 20-day av...

high vol

$0.0263 Last Close

Volume Volume 5,160 vs 20-day average 2,094 (about 2.46x typical trading activity) high

Technical Price 0.0263 is below 200-day MA at 0.04, despite a 19% daily gain

Peers on Argus

GRYCF rose 19% while most gold peers were flat; only NEWDF showed a smaller gain...

GRYCF rose 19% while most gold peers were flat; only NEWDF showed a smaller gain of 5.7%, suggesting this move was stock-specific rather than sector-driven.

Historical Context

1 past event · Latest: Nov 26 (Neutral)

1 events

Date	Event	Sentiment	Move	Catalyst
Nov 26	Share consolidation	Neutral	+19.0%	Proposed one-for-four share consolidation and related administrative details.

Recent Company History

This announcement detailed Graycliff’s proposed one-for-four share consolidation, reducing outstanding common shares from 17,609,841 to approximately 4,402,460, with no change to the company’s name or ticker. The move introduced a new CUSIP (38940L304) and ISIN (CA38940L3048) and outlined treatment of fractional shares and certificate exchange procedures. On the day of this news (Nov 26, 2025), the stock advanced about 19%, indicating a positive market response to the capital structure adjustment.

Market Pulse Summary

The stock surged +19.0% in the session following this news. A strong positive reaction aligns with t...

Analysis

The stock surged +19.0% in the session following this news. A strong positive reaction aligns with the announced one-for-four share consolidation that reduced outstanding shares from 17,609,841 to approximately 4,402,460. The stock traded about 19% higher on elevated volume of 5,160 shares versus a 2,094-share average. Despite this, the price at $0.0263 remained well below the 200-day MA of $0.04, highlighting that the move followed a period of technical weakness.

Key Terms

cusip, isin, fractional share, transfer agent, +1 more

5 terms

cusip financial

"the Company has obtained a new CUSIP (38940L304) and ISIN"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

isin financial

"the Company has obtained a new CUSIP (38940L304) and ISIN (CA38940L3048)"

A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.

fractional share financial

"No fractional Common Shares will be issued pursuant to the Consolidation"

A fractional share is a portion of a single stock that is worth less than one full share, like owning a slice of a pizza instead of the whole pie. It lets investors buy and hold part of expensive stocks or spread small amounts of money across many companies, which helps with diversification and regular investing; dividends and price changes affect fractional shares proportionally, though some rights and trading rules can vary by provider.

transfer agent financial

"to the Company's registrar and transfer agent, Integral Transfer Services"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

letters of transmittal regulatory

"Letters of transmittal with respect to the Consolidation will be mailed"

A letter of transmittal is a written form shareholders use to send their stock certificates or electronic holdings to the party buying the shares in a tender offer, merger, or buyout and to claim the promised payment or new securities. Think of it like a return form and receipt combined: it gives clear instructions, confirms ownership, and ensures an investor gets the correct payment or replacement shares, so missing or incorrect paperwork can delay or jeopardize receiving value.

AI-generated analysis. Not financial advice.

Toronto, Ontario--(Newsfile Corp. - November 26, 2025) - Graycliff Exploration Limited (CSE: GRAY) and (OTC Pink: GRYCF) (the "Company" or "Graycliff") announced on November 18, 2025 a share consolidation of its issued and outstanding common shares ("Common Shares") on a one post-consolidation Common Share for every four pre-consolidation Common Shares basis (the "Consolidation").

In relation to the Consolidation, the Company has obtained a new CUSIP (38940L304) and ISIN (CA38940L3048). There is no name change or stock symbol change in connection with the Consolidation. The Consolidation is subject to the approval of the Canadian Securities Exchange (the "CSE").

The Consolidation will reduce the number of outstanding Common Shares from 17,609,841 to approximately 4,402,460. No fractional Common Shares will be issued pursuant to the Consolidation. Any fractional share that is less than ½ of one post-consolidation Common Share will be cancelled and any fractional share that is at least ½ of one post-consolidation Common Share will be rounded up to one whole post-consolidation Common Share.

Letters of transmittal with respect to the Consolidation will be mailed to registered shareholders of the Company. All registered shareholders with physical certificates will be required to send their respective share certificates representing pre-Consolidation Common Shares, along with a properly executed letter of transmittal, to the Company's registrar and transfer agent, Integral Transfer Services, in accordance with the instructions provided in the letter of transmittal. Shareholders who hold their Common Shares through a broker, investment dealer, bank or trust company or other intermediary should contact that nominee or intermediary for assistance in depositing their Common Shares in connection with the Consolidation.

About Graycliff Exploration Limited

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'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 multiple holes.

Learn more on the website: https://graycliffexploration.com/

On Behalf of the Board of Directors,
James Macintosh
President and CEO

For more information, please contact the Company at:
jm@graycliffexploration.com

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276072

FAQ

What consolidation ratio did Graycliff Exploration (OTC: GRYCF) announce on November 18, 2025?

Graycliff announced a one post-consolidation share for every four pre-consolidation shares (one-for-four).

How many Graycliff (OTC: GRYCF) shares will be outstanding after the consolidation?

Outstanding shares will be reduced to approximately 4,402,460 from 17,609,841.

Will Graycliff Exploration change its stock symbol after the consolidation?

No, there is no name change or stock symbol change in connection with the consolidation.

What happens to fractional Graycliff (OTC: GRYCF) shares after the consolidation?

Fractions less than one-half of a post-consolidation share will be cancelled; fractions of at least one-half will be rounded up to one whole share.

Do Graycliff shareholders need to take action for the consolidation?

Registered shareholders with physical certificates must send certificates and a completed letter of transmittal to the transfer agent; shareholders held through brokers should contact their intermediary for assistance.

Has Graycliff (OTC: GRYCF) received final approval for the consolidation from the CSE?

No, the consolidation is subject to approval by the Canadian Securities Exchange and is not final until approved.