Golden Cariboo Closes Private Placement

Executive Summary

• Golden Cariboo Resources Ltd. completed the third and final tranche of its private placement, raising $702,500 for a total gross proceeds of $1,651,000.
• The offering consisted of 14,050,000 units at $0.05 per unit; each unit includes one common share and one warrant with tiered exercise prices over five years.
• Proceeds are earmarked for property exploration on the Quesnelle Gold Quartz Mine and general working capital.

Key Details

• Tranche Amount: $702,500 (third and final tranche).
• Units Issued: 14,050,000 units at $0.05 per unit.
• Total Gross Proceeds to Date: $1,651,000 from all three tranches.
• Total Shares Issued: 33,020,000 common shares (including prior tranches).
• Warrant Structure: One warrant per unit, exercisable for five years with prices of $0.075 (Year 1), $0.10 (Year 2), $0.15 (Year 3), $0.20 (Year 4) and $0.25 (Year 5).
• Use of Proceeds: Funding property exploration activities on the Quesnelle Gold Quartz Mine and supporting general working capital needs.
• Holding Period: All securities subject to a statutory four‑month and one‑day hold period.
• Finder’s Fees: $81,200 paid; 1,624,000 finder warrants issued across all three tranches.
• Regulatory Notice: Securities not registered under the U.S. Securities Act of 1933; cannot be offered or sold in the United States absent exemption.

Notable Quotes

• “The successful closing of our final private placement tranche provides us with essential capital to advance exploration at Quesnelle and sustain our operational momentum.” – J. Frank Callaghan, President & CEO

All non‑material boilerplate, forward‑looking disclaimer text and corporate background have been omitted for clarity.