Cariboo Rose Resources Ltd. Announces Adoption of 10% Rolling Stock Option Plan

NEWS RELEASE

Cariboo Rose Resources Ltd. Announces Adoption of 10% Rolling Stock Option Plan

Vancouver, October 1, 2018, Cariboo Rose Resources Ltd. (the “Company”) (TSX-V: CRB) announces that

the Company has elected to adopt a 10% “rolling” st ock option plan (the “New Stock Option Plan”), to r eplace its

existing “fixed number” stock option plan.

The adoption of the New Stock Option Plan is subjec t to the Company receiving shareholder approval at its next

annual general meeting, to be held on November 7, 2018, as well as acceptance by the TSX Venture Exchange.

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 ad equacy or accuracy of this news release.