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Graycliff Exploration Announces New Corporate Secretary

VANCOUVER, BC - October 13, 2026 - Graycliff Exploration Limited (the "Company" or "Graycliff") (CSE : GRAY; OTC : GRYCF; and FSE : GE0) is pleased to announce appointment of Stephanie Mark as Corporate Secretary of the Company, succeeding Wafae Benbouazza, effective October 9, 2026. Ms. Mark brings extensive corporate governance and public company experience to the role, with a career spanning TSX, Cboe Canada, TSXV, and CSE-listed issuers across the mining, technology, and financial services sectors. She has held progressively senior positions supporting boards of directors, overseeing continuous disclosure compliance, managing corporate records, and coordinating corporate filings across Canadian and U.S. jurisdictions. The Board of Directors extends its sincere appreciation to Ms. Benbouazza for her dedicated service and valued contributions as Corporate Secretary. Concurrently, the Company announces the position of chairman has been vacated.

The Company also announces that it has granted 100,000 stock options to management and consultants. Each option entitling the holder to purchase one common share of the Company at an exercise price of $0.35 per share for a period of five (5) years from the date of the grant, vesting in equal quarterly instalments of 25% over twelve (12) months from the date of grant.

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 a significant number of holes.

On Behalf of the Board of Directors,

Arndt Roehlig

President and CEO

For more information, please contact the Company at arndtroehlig@gmail.com

Cautionary Note Regarding Forward-Looking Information: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to: vesting of the stock options and the Company's business and exploration plans. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: general economic conditions; fluctuations in commodity prices; regulatory approvals and requirements; environmental and permitting risks; title risks; and other factors beyond the Company's control. The Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. Accordingly, readers should not place undue reliance on forward-looking information.

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