Cariboo Rose Resources receives 400,000 BRS shares

Executive Summary

• Cariboo Rose Resources Ltd. has received 400,000 common shares of BRS Resources Ltd. pursuant to an amending agreement dated December 15, 2025.
• The shares are subject to a statutory hold period of four months and one day from the date of issuance.
• This transaction strengthens Cariboo Rose's equity portfolio and provides continued exposure to the exploration progress of BRS Resources' Cowtrail copper-gold project in British Columbia.

Key Details

• Transaction Structure: Receipt of 400,000 common shares of BRS Resources Ltd.
• Agreement Date: December 15, 2025 (Amending Agreement).
• Hold Period: The shares are subject to a statutory hold period expiring four months and one day from the date of issuance.
• Counterparty: BRS Resources Ltd.
• Target Asset: Cowtrail copper-gold project, a porphyry copper-gold exploration initiative located in south-central British Columbia.
• Project Context: The Cowtrail project is contiguous with Cariboo Rose's Woodjam copper-gold porphyry project.
• Recent Exploration Updates (BRS):
  • Drilling completed in 2025 has defined a mineralized trend extending both northwesterly and southeasterly.
  • The mineralized system remains open at both ends.
  • BRS intends to expand exploration efforts in 2026 to test additional magnetic targets identified to the south.

Notable Quotes

• "The receipt of BRS shares strengthens Cariboo Rose's portfolio of equity interests and provides continued exposure to exploration progress at Cowtrail."