Golden Cariboo Closes First Tranche of Private Placement
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
Golden Cariboo Closes First Tranche of Private Placement
October 15, 2025
Vancouver, B.C., Canada – Golden Cariboo Resources Ltd. ( “Golden Cariboo ” or “Company”)
(CSE:GCC | (OTC:GCCFF | WKN:A402CQ |FSE:3TZ) reports it has received subscription agreements for
$1,050,500 from the private placement announced September 16, 2025, and has closed a first tranche of
$311,500 from the issue of 6,230,000 units at $0.05 per Unit. Each Unit consists of one common share of
the Company and one share purchase warrant. Each warrant is exercisable for a period of five years from
the closing date at exercise prices as follows: $0.075 in year one, $0.10 in year t wo, $0.15 in year three,
$0.20 in year four or $0.25 in year five.
The proceeds of the Offering will be used for property exploration and for general working capital. All
securities to be issued are subject to a statutory four -month and one day hold period. Finder's fees of
$23,600 and 472,000 finder warrants will be paid in connection with the first tranche, all in accordance with
the policies of the CSE.
None of the securities sold under the Offering have been and will not be registered under the United States
Securities Act of 1933, as amended and no such securities may be offered or sold in the United States
absent registration or an applicable exemption from the registration requirements. This news release shall
not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities
in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.
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.
On Behalf of the Board of Directors
“J. Frank Callaghan”
J. Frank Callaghan, President & CEO
For further information please contact
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 o f 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”, “antici pate”, “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 f or general working capital; the
Company’s exploration plans with respect to its Quesnelle Gold Quartz Mine property; and the antici pated 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 r eceive 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 e xploration 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 minority 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 future plans, intentions, activities, results, performance or
achievements expressed or implied by suc h 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 possible future government legislation policies and
controls or by changes in applicable laws and regulations; that the insider may not participate in the Offering on the terms and conditions and in the amount c urrently
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 materially. Accordingly, readers are advised not to pl ace undue reliance on forward -
looking statements or information. Neither the Company nor any of its representatives make any representation or warranty, express or implied, as t o 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 news 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, futu re events or otherwise, except as required by law.