$700,000 Financing
GOLDEN CARIBOO RESOURCES LTD.
1100 - 1111 MELVILLE ST
VANCOUVER, B.C. CANADA V6E 3V6
TELEPHONE: 604-669-6463
GOLDENCARIBOO.com
CSE Stock Symbol GCC
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES
$700,000 Financing
March 27, 2025
Vancouver, B.C., Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF)
(WKN:A402CQ) (FSE:3TZ) announces a non-brokered private placement. The Company has opened a
private placement offering of units for gross proceeds of up to $ 700,000 (the “Offering”). The Offering
will consist of up t o 8,750,000 units at a pr ice of $0.08 per unit. Each unit will consist of one common
share and one share purchase warrant. Each warrant is exercisable for a period of five years from the
closing date at exercise prices as follows: $0.12 in year one, $0.17 in year two, $0.22 in year three, $0.27
in year four or $0.30 in year five.
All securities from the Private Placement will be subject to a four-month hold period. In connection with
the private placement, certain eligible persons (“Finders”) may be paid commissions in accordance with
the policies of the CSE. The proceeds from this private placement will be used for general working capital
and continued property exploration.
The securities being offered have not been, and will not be, registered under the United States Securities
Act of 1933, as amended (the “ U.S. Securities Act”), or any of the securities laws of any state of the
United States, and may not be offered or sold within the United States or for the account or benefit of
U.S. persons or persons in the United States except pursuant to an exemption from the registration
requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release does
not constitute an offer to sell, or the solicitation of an offer to buy, any securities within the United States
or to, or for the account or benefit of, U.S. persons or persons in the United States. “United States” and
“U.S. person” have the meanings ascribed to them in Regulation S under the U.S. Securities Act.
About Golden Cariboo Resources Ltd
Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly
targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property which is bordered
by Osisko Development (NSE:ODV/TSXV:ODV), partly intertwined with them at the north end of the
Cariboo Gold Project, and located along a favourable corridor adjacent to the Spanish and Eureka thrust
faults over a 94,899 hectare (234,501 acre) area. Historically, over 101 placer gold creeks on the 90-
kilometer (56 mile) trend, from the Cariboo Hudson mine north to the Quesnelle Gold Quartz Mine
property, have recorded production with successful placer mining continuing to this day.
Golden Cariboo’s Quesnelle Gold Quartz Mine property is 4 kilometers (2.5 miles) northeast of, and road
accessible from, Hixon in central British Columbia. The Property includes the Quesnelle Quartz gold-
silver deposit, which was discovered in 1865 and developed over a footprint of about 150m x 150m (< 6
acres) at the Main zone straddling Hixon Creek. Overall, the geological setting of the gold mineralization
at the Company’s Quesnelle Gold Quartz Mine property shows strong similarities with the Spanish
Mountain gold deposit, situated 120 km (75 miles) towards the southeast along the same geological
trend. As a sediment-hosted vein (SHV) deposit, the Spanish Mountain deposit is considered to belong
to the epizonal orogenic subclass of gold deposits which include some of the world’s largest deposits
such as Muruntau, Uzbekistan and Bendigo, Australia.
For further information please contact:
GOLDEN CARIBOO RESOURCES LTD
“J. Frank Callaghan”
J. Frank Callaghan, President & CEO
Tel: 604-669-6463
VISIT OUR WEBSITE FOR MORE DETAILS
www.goldencariboo.com
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Neither the “CSE” Canadian Securities Exchange nor its Regulation Service Provider ( as that term is defined in the policies of the Canadian Securities Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements:
This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding
the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and plans of the Company. Forward -looking
information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions
and includes information regarding; the expectation that the Company will receive all necessary exemptions and approvals to complete the Offering; the expectation
that the Company will complete the Offering on the terms disclosed, or at all; the expectation that the proceeds will be used for property exploration and for general
working capital; the Com pany’s exploration plans with respect to its Quesnelle Gold Quartz Mine property; and the anticipated participation of the insider in the
Offering.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the Company will receive all necessary
exemptions and approvals to complete the Offering; that the Company will complete the Offering on the terms disclosed, or at all; that the proceeds will be used for
property exploration and for general working capital; that the Company will have the resources required to proceed with its exploration plans; that the Company will
not run into regulatory or other barriers in carrying out its business plans; that the insider will participate in the Offering, on the terms and conditions and in the amount
currently expected by management; and that the Company will be able to rely on the exemption from the formal valuation and mi nority shareholder approval
requirements on the basis anticipated.
Additionally, forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions,
activities, results, performance or achievements of the Company to be materially different from any fut ure plans, intentions, activities, results, performance or
achievements expressed or implied by such forward- looking statements. Such risks include, without limitation: that the Company will not receive the necessary
exemptions and approvals to complete the Offering; that the Company will not complete the Offering on the terms disclosed, or at all; that the Company will be
unable to use the proceeds for property exploration and for general working capital; that the Company may incur unanticipated costs; that the Company may not
have the resources required to pursue its exploration plans; that the Company’s operations could be adversely affected by pos sible future government legislation
policies and controls or by changes in applicable laws and regulations; t hat the insider may not participate in the Offering on the terms and conditions and in the
amount currently expected by management, or at all; and that the Company may not be able to rely on the exemption from the formal valuation and minority
shareholder approval requirements on the basis currently expected. Such forward-looking information represents management’s best judgment based on information
currently available. No forward- looking statement can be guaranteed and actual future results may vary materi ally. Accordingly, readers are advised not to place
undue reliance on forward-looking statements or information. Neither the Company nor any of its representatives make any representation or warranty, ex press or
implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither the Company nor any of its representatives shall have any
liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this n ews release by you or any of your
representatives or for omissions from the information in this news release.
The forward-looking statements herein speak only as of the date they were originally made. The Company has no intention and undertakes no obligation to update
or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.