Golden Cariboo Closes First Tranche of Private Placement

Executive Summary

• Golden Cariboo Resources Ltd. received subscription agreements for $1,050,500 and closed the first tranche of its private placement, raising $311,500 through the issuance of 6,230,000 units at $0.05 per unit.
• Each unit includes one common share and one warrant with a five‑year exercise schedule ($0.075–$0.25).
• Proceeds are earmarked for property exploration on the Quesnelle Gold Quartz Mine and general working capital; finder’s fees of $23,600 and 472,000 finder warrants were also issued.

Key Details

• Total subscription agreements received: $1,050,500 (private placement announced September 16, 2025).
• First tranche closed: $311,500 from issuance of 6,230,000 units at $0.05 per unit.
• Unit composition: 1 common share + 1 share purchase warrant.
• Warrant exercise prices (per year): Year 1 – $0.075; Year 2 – $0.10; Year 3 – $0.15; Year 4 – $0.20; Year 5 – $0.25.
• Use of proceeds: Property exploration on the Quesnelle Gold Quartz Mine and general working capital.
• Statutory hold period: All securities subject to a four‑month plus one‑day hold period under CSE rules.
• Finder’s compensation: $23,600 cash fee plus 472,000 finder warrants issued in connection with the first tranche.
• Regulatory disclaimer: Units not registered under U.S. Securities Act; cannot be offered or sold in the United States absent exemption.

Notable Quotes

“On behalf of the Board of Directors” – J. Frank Callaghan, President & CEO

All boilerplate and forward‑looking statements have been omitted for brevity.