Rockcliff Closes on a Further Tranche of FT Units and Units


TORONTO, ONTARIO--(Marketwire - Jan. 3, 2012) - Rockcliff Resources Inc. ("Rockcliff" or the "Company") (TSX VENTURE:RCR) (Tier 1) is pleased to announce that, further to its press releases of December 1, 2011 and December 23, 2011, the Company closed a further tranche of its non-brokered private placement for proceeds of $109,009.87. The Company placed 922,817 flow-through units for gross proceeds of $101,509.87 and 75,000 working capital units for gross proceeds of $7,500. Rockcliff paid finders fees of $6,800.79 and issued 61,825 Compensation Warrants in respect of the sale of flow-through units. Each Compensation Warrant entitles the holder to purchase a further common share of the Company at $0.18 for eighteen (18) months from Closing.

The majority of the exploration capital will be allocated to the Company's Snow Lake Project where diamond drilling programs are planned at the Tower Property, Spruce Point Property and Dickstone Property in Manitoba.

Each flow-through unit (a "FT Unit") consists of one flow-through common share of the Company and one-half (1/2) non flow-through share purchase warrant (a "Warrant"). Each full Warrant entitles the holder to acquire an additional common share at $0.18 for a period of eighteen (18) months from Closing. Each working capital unit (a "Unit") consists of one common share of the Company and one (1) share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire an additional common share at $0.18 for a period of eighteen (18) months from Closing.

Securities issued under this private placement are subject to hold periods ending on May 1, 2012.

Rockcliff has closed its FT Units offering and plans to leave the Units offering open and may place up to a further 4,645,000 Units.

Rockcliff Resources Inc.

Rockcliff Resources Inc. is a Canadian resource exploration company focused on discovery and advancement of its high-quality mineral assets at its Snow Lake Project. Rockcliff presently controls the Snow Lake Project totalling in excess of 500 km2. The project includes one copper rich NI43-101 Indicated Resource (Rail), two former copper rich VMS Mines (Spruce Point and Dickstone), one historic VMS copper deposit (Lon) and the Tower Copper Deposit. Rockcliff also controls a zinc-silver rich NI43-101 Indicated Resource (Shihan) and a portfolio of precious metal assets including one former gold mine (Century Mine) and one surface gold deposit (C-Zone) in Manitoba and the Black Gold Property in Ontario.

For more information please visit our website at www.rockcliffresources.com.

Forward Looking Statement:

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Rockcliff undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Rockcliff Resources Inc.
Ken Lapierre P.Geo.
President & CEO
(416) 863-9800 or (647) 678-3879
klapierre@rockcliffresources.com
www.rockcliffresources.com

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