Warrant Repricing and Extension
GOLDEN CARIBOO RESOURCES LTD.
1100 - 1111 MELVILLE ST
VANCOUVER, B.C. CANADA V6E 3V6
TELEPHONE: 604-669-6463
GOLDENCARIBOO.com
CSE Stock Symbol GCC
Golden Cariboo Resources Announces Warrant Repricing and Extension
March 19, 2026
Vancouver, B.C., Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF)
(WKN:A402CQ) (FSE:3TZ) announces the Company’s intent to amend 1,666,668 warrants issued
pursuant to a private placement. The warrants will be repriced from $0.30 to $0.11 and extended from
March 29, 2026 to March 29, 2027.
The Company is in the process of obtaining warrant holder consent. Repricing of the warrants requires
the approval of all warrant holders. Subject to obtaining such approval, the warrant expiry date would be
modified to the earlier of:
March 29, 2027: or
If, following the amendment, for any 10 consecutive trading days the closing price of the listed
shares exceeds the amended exercise price by the applicable private placement discount, which
is C$0.1467, the term of the warrants must also be amended to 30 days. The amended term must
be announced by press release and amendment to warrant terms and t he 30 -day period will
commence 7 days from the end of the 10-day period.
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 strad dling 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 def ined 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 meanin g 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 o f the Company. Forward -looking
information is often identified by t he words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or simila r expressions
and includes information regarding; the expectation that the Company will receive all necessary exemptions and approv als 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 Company’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 C ompany 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; tha t 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 co nditions 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, intent ions,
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 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 C ompany 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 fut ure government legislation policies and
controls or by changes in applicable laws and regulations; that the insider may no t 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 an d 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, rea ders 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 in formation 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 yo u 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.