Business
Golden Cariboo Closes Tranche One of Private Placement
(TheNewswire) NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITE...
About this update from Golden Cariboo Resources Ltd.
[{"type":"text","content":"Golden Cariboo Closes Tranche One of Private Placement\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n NOT FOR DISTRIBUTION TO U.S. NEWS\nWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES\n \n \n \n \n June 25, 2024 –\n \n \n TheNewswire -\n \n \n Vancouver, Canada – Golden Cariboo Resources\nLtd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A042CQ)\n(FSE:3TZ)\n \n \n announces that, further to its news\nrelease of\n \n \n May 23, 2024\n \n \n ,\nthe company will be closing a first tranche of the non-brokered\nprivate placement in the amount of $665,000.  A total of 2,660,000\nUnits at a price of $0.25 per Unit will be issued.  Each unit\nconsists of one common share and one share purchase warrant\nexercisable for a period of 3 years from the closing at exercise\nprices as follows: $0.28 in year one, $0.30 in year two, and $0.32 in\nyear three.\n \n \n \n \n The private placement is subject to CSE Exchange\napproval and all securities are subject to a four month hold period.\nFinder’s fees may be payable in connection with the private\nplacement, all in accordance with the policies of the CSE Exchange.\nProceeds will be used for property exploration and for general working\ncapital.\n \n \n \n \n This press release does not constitute or form a part\nof any offer or solicitation to purchase or subscribe for securities\nin the United States. The securities referred to herein have not been\nand will not be registered under the Securities Act of 1933, as\namended (the “Securities Act”), or with any securities regulatory\nauthority of any state or other jurisdiction in the United States, and\nmay not be offered or sold, directly or indirectly, within the United\nStates or to, or\n \n \n for the account or benefit of,\nU.S. persons, as such term is defined in Regulation S under the\nSecurities Act (“Regulation S”), except pursuant to an exemption\nfrom or in a transaction not subject to the registration requirements\nof the Securities Act.\n \n \n \n \n About Golden Cariboo Resources Ltd.\n \n \n \n \n Golden Cariboo Resources Ltd. is rediscovering the\nCariboo Gold Rush by proceeding with highly targeted drilling and\ntrenching programs on its Quesnelle Gold Quartz Mine Property which is\nalmost fully encircled on 3 of 4 sides ...