Golden Cariboo Private Placement Closed Oversubscribed

April 10, 2026 – TheNewswire - Vancouver, B.C., Canada – Golden Cariboo Resources Ltd. (the “Company”) (CSE:GCC) (OTC:GCCFF) (WKN:A402CQ) (FSE:3TZ) is pleased to announce that it has closed the previously announced non-brokered private placement (the “ Offering ”), oversubscribed for gross proceeds of $871,000 from the issue of 10,887,500 units at $0.08 per unit.     Each unit consists of one common share of the Company and one share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.12 in year one, $0.17 in year two, $0.22 in year three, $0.27 in year four or $0.30 in year five. All securities from the Private Placement will be subject to a four-month hold period expiring August 11, 2026 . In connection with the private placement, eligible persons (“ Finders ”) were paid commissions of $43,120 and 539,000 warrants entitling the finders to acquire one additional common share at a price of $0.12 in year one, $0.17 in year two, $0.22 in year three, $0.27 in year four or $0.30 in year five, in accordance with the policies of the CSE. The proceeds from this private placement will be used for general working capital and continued property exploration.