New Issue: Golden Cariboo settles C$2.05 million private placement of shares

By Sheri Kasprzak

New York, Dec. 20 - Golden Cariboo Resources Ltd. said it has completed a private placement for C$2.05 million.

The company sold 7,521,478 flow-through shares and 9,561,856 non flow-through shares at C$0.12 each.

The investors also received warrants for 8,541,667 shares, exercisable for one year at C$0.17 each.

Golden Cariboo, based in Vancouver, B.C., is a mineral company.

Issuer:	Golden Cariboo Resources Ltd.
Issue:	Flow-through and non flow-through shares
Amount:	C$2.05 million
Placement agent:	Non-brokered
Settlement date:	Dec. 19
Stock price:	C$0.115 at close Dec. 19
Flow-through shares
Shares:	7,521,478
Price:	C$0.12
Warrants:	For 8,541,667 shares
Warrant expiration:	One year
Warrant strike price:	C$0.17
Non flow-through shares
Shares:	9,561,856
Price:	C$0.12
Warrants:	See above

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