Golden Cariboo Resources Announces Two Parallel Private Placements

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[{"type":"text","content":"May 6, 2025 – TheNewswire - Vancouver, Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) announces two distinct non-brokered private placement offerings. The Company has opened a private placement offering of units under the listed issuer financing exemption (the “Exemption”) under Part 5A of National Instrument 45-106 Prospectus Exemptions (“NI 45-106”) for minimum gross proceeds of $1,300,000 to maximum gross proceeds of $1,690,000 (the “Offering”). The Offering is being conducted at a price of $0.13 per unit, with each unit consisting of one common share and one half of one share purchase warrant; two half warrants will equal one full share purchase warrant.  Each whole warrant is exercisable for a period of three years from the closing date at exercise prices as follows: $0.15 in year one, $0.18 in year two and $0.22 in year three.    Subject to compliance with applicable regulatory requirements and in accordance with NI 45-106, the Offering is being made to purchasers resident in each of the provinces and territories of Canada pursuant to the Exemption. The securities offered under the Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. Upon closing of the Offering, the Company may pay finders fees under the Offering as permitted by the policies of the CSE Exchange and applicable securities laws. There is an offering document related to the Offering (the “LIFE Offering Document”) that can be accessed under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at https://goldencariboo.com. Prospective investors should read this LIFE Offering Document before making an investment decision. As disclosed in the LIFE Offering Document, the Company intends to use the net proceeds from the Offering for a modest drill program and working capital. Concurrently the Company has opened a private placement offering of units for gross proceeds of up to $1,000,000 (the “Concurrent Private Placement”). The Concurrent Private Placement is being conducted at a price of $0.10 per unit, with each unit consisting of one common share and one half of one share purchase warrant; two half warrants will equal one full share purchase warrant. Each whole warrant is exercisable for a period of three years from th...

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