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Cariboo Rose Resources Ltd.
Symbol CRB
Shares Issued 58,161,888
Close 2026-06-01 C$ 0.05
Market Cap C$ 2,908,094
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ORIGINAL: Cariboo Rose Resources Announces Closing of Private Placements

2026-06-01 17:30 ET - News Release

(via TheNewswire)

Cariboo Rose Resources Ltd.
    

Vancouver, BC, June 1, 2026 – TheNewswire – Cariboo Rose Resources Ltd. (TSX-V: CRB)  (“ Cariboo Rose ” or the “ Company “). Further to the news releases dated April 9, 2026 and April 28, 2026, the Company announces that it has closed non-brokered private placements (the “Private Placement”) for total proceeds of $735,500.02 as follows:

 

1. 13,500,000 units at a price of $0.05 per unit for total proceeds of $675,000. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase an additional common share at a price of $0.08 for a period of 48 months from closing; and

 

2. 864,286 flow-through shares at a price of $0.07 per flow-through share for total proceeds of $60,500.02.

 

All securities issued as part of the closing of this Private Placement, including any shares that may be issued pursuant to the exercise of the share purchase warrants, are subject to a hold period in Canada until September 28, 2026.

 

Cariboo Rose paid the following cash finder’s fees in connection with the Private Placement:

 

$3,500 to Raymond James Ltd., of Vancouver, B.C.;

$7,000 to Research Capital Corporation, of Vancouver, B.C.; and

$5,950 to Leede Financial Inc. of Vancouver, B.C.

 

No Insiders of the Company participated in the Private Placement.

 

The proceeds will be used by the Company to conduct an exploration program at its Lightning Strike exploration project in British Columbia and for general working capital purposes.

 

Lightning Strike Project

 

The Lightning Strike Project is a 100% owned, 4,193-hectare gold- silver project located 60 kilometers northeast of the community of 100 Mile House, British Columbia. Significant historical drill intercepts at Lightning Strike include 0.77 g/t gold over 54.0 meters, 3.42 g/t gold and 228.1g/t silver over 5.0 meters, 2.88 g/t gold over 24.0 meters and 8.84 g/t gold over 7.5 meters. These holes, all drilled more than ten years ago, predominantly do not report silver.

 

In addition to the Lightning Strike Project, the Company currently owns five additional Gold-Copper-Silver projects, all of which are located in British Columbia and possess large deposit attributes with large acreage tenures.

 

This news release has been reviewed and approved by Mr. J.W. Morton, P. Geo., who is the Qualified Person within the context of NI 43-101 and takes responsibility for it.  For more information, please visit the Company’s website at http://www.cariboorose.com .

 

J.W Morton

President and CEO

 Contact: (604) 681-7913 or Toll Free: 888-656-6611

 

The securities have not been, and will not be, registered under the Unites States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with requirements of an applicable exemption therefrom. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the Unites States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

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