Cariboo Rose Resources Ltd. Considers Share Consolidation

Core Viewpoint - Cariboo Rose Resources Ltd. is seeking shareholder approval for a consolidation of its outstanding share capital at its Annual General and Special Meeting scheduled for October 17, 2025 [1] Group 1: Consolidation Details - If approved, the Board of Directors will have the authority to consolidate shares at a ratio of up to two (2) to one (1) [2] - The Board may select a lower consolidation ratio without further shareholder approval if deemed appropriate [2] - The consolidation may be implemented at any time after the Meeting, subject to acceptance from the TSX Venture Exchange [3] Group 2: Rationale and Effects - The Board believes that consolidating shares will provide flexibility to reduce the number of outstanding shares, potentially making it easier to attract additional equity financing [4] - If the consolidation is approved and implemented, the number of shares will be reduced from 58,011,888 to approximately 29,005,944 shares at a two (2) to one (1) ratio [7] - The exercise or conversion price of outstanding convertible securities, stock options, and warrants will be proportionately adjusted based on the consolidation ratio [7]