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Golden Cariboo Resources Ltd. Announces Private Placement to Raise Up To $1,250,000 for Working Capital and Exploration
Vancouver, B.C., Canada — June 17, 2026 — Leads & Copy — Golden Cariboo Resources Ltd. announced today a non-brokered private placement, aiming to raise up to $1,250,000 through the sale of units. The offering will consist of a maximum of 15,625,000 units priced at $0.08 each. Each unit comprises one common share and one share purchase warrant. These warrants will be exercisable for five years from the closing date, with exercise prices set at $0.12 in the first year, escalating to $0.25 in the fifth year.
All securities issued under this private placement will be subject to a statutory four-month-and-one-day hold period. In connection with the offering, the Company may pay commissions to eligible persons, known as Finders, in accordance with Canadian Securities Exchange (CSE) policies. The funds generated from this private placement are designated for general working capital and to support ongoing property exploration activities.
The securities offered have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws. Consequently, they cannot be offered or sold within the United States or to U.S. persons, except under an applicable exemption from registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities within the United States.
Golden Cariboo Resources Ltd. is focused on reviving the Cariboo Gold Rush through strategic drilling and trenching programs on its Quesnelle Gold Quartz Mine property. This property is situated in central British Columbia and is bordered by Osisko Development. Historically, over 101 placer gold creeks along a 90-kilometer trend have recorded production, with successful placer mining continuing in the area.
The Quesnelle Gold Quartz Mine property is located 4 kilometers northeast of Hixon and features the Quesnelle Quartz gold-silver deposit, discovered in 1865. The geological setting of the mineralization on the property shares significant similarities with the Spanish Mountain gold deposit, located approximately 120 km southeast along the same geological trend. The Spanish Mountain deposit is classified as a sediment-hosted vein (SHV) deposit, belonging to the epizonal orogenic subclass of gold deposits.
Source: Golden Cariboo Resources Ltd