Golden Cariboo Resources Ltd. announces a non-brokered private placement of up to 10,000,000 units, at a price of $0.25 per unit, for gross proceeds of $2,500,000. Each unit will consist of one common share and one share purchase warrant; each warrant is exercisable for a period of 3 years from the closing at exercise prices as follows: $0.28 in year one, $0.30 in year two, and $0.32 in year three. The private placement
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