Golden Cariboo Will be Closing Private Placement Oversubscribed

April 8, 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 will be closing the previously announced non-brokered private placement (the “ Offering ”), which is oversubscribed for gross proceeds of $871,000.   Each unit will consist of one common share in the capital of the Company and one common share purchase warrant (a “Warrant”). Each Warrant will entitle 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 from closing. In connection with the private placement, certain eligible persons (“ Finders ”) will be paid commissions in accordance with the policies of the CSE. Details of such fees will be disclosed in a subsequent news release. The proceeds from this private placement will be used for general working capital and continued property exploration.