$1,500,000 Financing and Fall - Winter Drill Program

Core Viewpoint - Golden Cariboo Resources Ltd. has announced a non-brokered private placement to raise up to $1,500,000 through the offering of units priced at $0.05 each, aimed at funding its drilling campaign and exploration activities [1][3]. Group 1: Private Placement Details - The private placement will consist of up to 30,000,000 units, each unit comprising one common share and one share purchase warrant, with varying exercise prices over five years [1][3]. - Participation in the private placement is available under Prospectus Exemptions, including Accredited Investors and Existing Securityholders, with specific limitations for Canadian shareholders [2][4]. - All securities from the private placement will be subject to a four-month hold period, and finders will receive 8% cash commissions and 8% finder warrants [5]. Group 2: Use of Proceeds - Proceeds from the private placement will fund the continuation of the Company's 2025 fall-winter drilling campaign, which aims to extend the Halo/Main zones' strike length from almost 600 meters to 2 kilometers [3]. - The drilling campaign includes 15 holes targeting the Halo zone's extension and other significant geological targets, supported by promising initial results [3]. Group 3: Company Overview - Golden Cariboo Resources Ltd. is focused on rediscovering the Cariboo Gold Rush through targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property, which spans approximately 94,899 hectares [8]. - The Quesnelle Gold Quartz Mine property is located near Hixon, British Columbia, and includes the historically significant Quesnelle Quartz gold-silver deposit [9].