Golden Cariboo Resources To Close Private Placement Oversubscribed

  • June 23, 2025 – TheNewswire - Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announces further to the June 4, 2025 news release the Company will be closing the private placement oversubscribed.  The private placement will close with gross proceeds of $1,324,900 through the issuance of 17,665,335 units (each a “ Unit ”) at a price of $0.075 per Unit.  Each unit will consist of one common share and one share purchase warrant.  Each warrant will be exercisable for a period of five years from June 26, 2025 at exercise prices as follows: $0.12 in year one, $0.14 in year two, $0.16 in year three, $0.18 in year four and $0.20 in year five.     In connection with the private placement, certain eligible persons (“ Finders ”) will be paid 8% cash commissions 8% finder warrants, each finder warrant entitling the holder to acquire one common share at the same terms as the subscriber warrants.