Golden Cariboo Resources Announces C$2.69M Private Placement to Fund Exploration
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Golden Cariboo Resources Announces C$2.69M Private Placement to Fund Exploration

byEleanor Laurence - Content Producer, The Assay
10 months ago
Reading Time: 1 min read

Golden Cariboo Resources Ltd. (CSE: GCC | OTC: GCCFF) has announced two non-brokered private placements totaling up to C$2.69M to fund its 2025 exploration programme and provide general working capital. The first offering, conducted under the listed issuer financing exemption, is expected to raise between C$1.3M and C$1.69M, while the second aims for an additional C$1M. Both offerings include units composed of one common share and a half warrant, with escalating exercise prices over a three-year period.

CEO J. Frank Callaghan noted, “We are pleased to offer this financing structure as we advance exploration efforts.”

The company expects the financings to position it for strategic growth in the Cariboo Gold District, with exploration activities focused on its property near Barkerville, BC.

For further details, visit  www.goldencariboo.com

To read more articles like this, please visit www.theassay.com/news

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Eleanor Laurence - Content Producer, The Assay

Eleanor Laurence - Content Producer, The Assay

Eleanor is a content producer for the 121 Mining Investment event series globally. With over two years of experience in the mining industry and six years in international roles in Hong Kong, she is now based in London, developing investor-focused content for both the event series and The Assay.

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