CSE bulletin 2025-1147

Graycliff Exploration Ltd. has consolidated its issued and outstanding common shares on the basis of one postconsolidated common share for every four preconsolidated common shares.

As a result, the number of outstanding shares will be reduced to approximately 4,402,460 common shares.

The name and symbol will not change.

Please note that all open orders will be cancelled at the close of business on Nov. 28, 2025. Dealers are reminded to re-enter their orders taking into account the share consolidation.

Trading on a consolidated basis:  Dec. 1, 2025

Record date:  Dec. 1, 2025

Anticipated payment date:  Dec. 1, 2025

Symbol:  GRAY

New Cusip No.:  38940L 30 4

New ISIN:  CA 38940L 30 4 8

Old Cusip No.:  38940L 20 5

Old ISIN:  CA 38940L 20 5 7