Cariboo Rose Grants Stock Options

NEWS RELEASE

December 19, 2019

CARIBOO ROSE GRANTS STOCK OPTIONS

Vancouver, B.C. – Cariboo Rose Resources Ltd. (“Cariboo Rose” or the “Company”) has approved the

granting of stock options to directors, officers, and consultants for the purchase of 750,000 common shares

of the Company. These options have a five-year term and allow the holder to purchase one common share

of the company for $0.05 cents a share until December 19, 2024. The options will vest immediately.

About Cariboo Rose Resources Limited

Cariboo Rose Resources is a well -funded prospect generating mineral exploration company with six

precious and base metal exploration projects in BC and the Yukon. Cariboo Rose recently completed the

sale of its Canadian Creek Property to Western Copper and Gold Corp. (“Western Copper”) for 3.0 million

shares of Western Copper with a deemed value of $2,784,000. Cariboo Rose trades on the TSX Venture

exchange under the symbol “CRB”. For more information please visit Cariboo Rose’s website at

www.cariboorose.com.

David M Douglas, CPA, CA

CFO, Director

Cariboo Rose Resources Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.