RXP.A Redcliffe Exploration Inc.

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS.

Redcliffe Exploration Inc. ("Redcliffe" or the "Company") (TSX VENTURE:RXP.A)
(TSX VENTURE:RXP.B) is pleased to announce the grant of stock options in
connection with recent additions and changes to the directors, management and
staff of the Company. Pursuant to the policies of the TSX Venture Exchange and
the Company's stock option plan, the Board of Directors of Redcliffe has
approved the grant of stock options to certain directors, officers and employees
to acquire an aggregate of 350,000 Class A shares at an exercise price of $0.69
per share for a period of five years. After the above grant, the Company has
5,656,250 stock options outstanding at an average exercise price of $0.49.


Reader Advisories

Forward-Looking Statements: This news release contains statements about future
events that are forward looking in nature and, as a result, are subject to
certain risks and uncertainties such as changes in plans or the occurrence of
unexpected events. Actual results may differ from the estimates provided by
management.

Redcliffe Exploration Inc. (TSXV:RXP.A)
Historical Stock Chart
From Jun 2024 to Jul 2024

Redcliffe Exploration Inc. (TSXV:RXP.A)
Historical Stock Chart
From Jul 2023 to Jul 2024