Northwire Canada EditionSaturday, November 14, 2026
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Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1%
Financings

Golden Cariboo Closes Private Placement

GCC · Price

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.

Read the original news release →

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