$700,000 Financing

Executive Summary

• Golden Cariboo Resources Ltd. announced a non‑brokered private placement of up to 8,750,000 units for gross proceeds of up to $700,000.
• Each unit consists of one common share and one share purchase warrant with tiered exercise prices ranging from $0.12 to $0.30 over five years.
• Proceeds are earmarked for general working capital and continued property exploration on the Quesnelle Gold Quartz Mine property.

Key Details

• Offering Size: Up to 8,750,000 units at $0.08 per unit.
• Gross Proceeds Target: $700,000 (subject to full subscription).
• Unit Composition: 1 common share + 1 warrant per unit.
• Warrant Exercise Schedule:
• Year 1 – $0.12 per share
• Year 2 – $0.17 per share
• Year 3 – $0.22 per share
• Year 4 – $0.27 per share
• Year 5 – $0.30 per share
• Hold Period: All securities subject to a four‑month hold period post‑closing.
• Finder Commissions: Eligible “Finders” may receive commissions in accordance with CSE policies.
• Use of Proceeds: Primarily for general working capital and continued exploration activities on the Quesnelle Gold Quartz Mine property.
• Regulatory Notice: Securities are not registered under U.S. securities laws and cannot be offered or sold to U.S. persons except via applicable exemptions.

Notable Quotes

• “The proceeds from this private placement will be used for general working capital and continued property exploration,” – J. Frank Callaghan, President & CEO.