Vancouver, BC, April 9, 2026 – TheNewswire – Cariboo Rose Resources Ltd. (TSX-V: CRB) (“Cariboo Rose” or the “Company “) announces that it intends to raise up to $800,000 by way of the following non-brokered private placements (the “Placement”):

 

1. up to $500,000 by way of a unit private placement at a price of $0.05 per unit, with each unit to consist of one common share and one 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. up to $300,000 by way of a flow-through share private placement at a price of $0.07 per flow-through share.

 

The Placement will be non-brokered; however, the Company may pay finder’s fees in accordance with the rules and policies of the TSX Venture Exchange (“TSX-V”). The Placement is subject to the completion of formal documentation and receipt of all necessary regulatory approvals, including TSX-V acceptance.

 

Certain insiders of the Company may participate, with full particulars of such participation to be included in the news release announcing the closing of the Placement.

 

The securities issued pursuant to this Placement will be subject to a hold period expiring four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

 

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.

 

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. It is host to orogenic sediment hosted gold‐silver mineralization conceptually analogous to the giant Asian deposits of Muruntau and Sukhoi Log, and in a geological setting similar to the Spanish Mountain and Frasergold occurrences located 110 kilometers and 40 kilometers north, respectively. It is situated on the eastern edge of the Quesnel Terrane dominantly underlain by argillaceous Nicola Group sediments (Mesozoic).

 

Historical work at Lightning Strike by Homestake Mining in 1984 and later by Skygold Resources ltd. (now Spanish Mountain Gold Corp.) discovered an area of gold and silver mineralization in the western part of the current claim block. Trenching here uncovered quartz‐carbonate boulders with gold values to 25.1 g/t gold and silver values to 216.8 g/t silver. The target was drilled from 2008 to 2010 with 31 diamond drill holes completed. All of the drill holes returned at least one anomalous to strongly mineralized gold intercept.

 

Cariboo Rose first staked and conducted work on the claims in 2019, carrying out geological reconnaissance, soil sampling, claim expansion and two reverse circulation drill programs since that time. In 2025 Two holes totaling 568 meters were completed with one returning an intercept of 44.4 meters grading 0.77 g/t gold and 37.1 g/t silver demonstrating the great potential of this road accessible project.

 

Hole Id	From – To (m)	Intercept (m)	Gold (g/t)	Silver (g/t)
LSD25-01	95.1-102.4	7.3	0.71	45.5
	229.0-273.4	44.4	0.77	37.1
including	255.1-267.0	11.9	1.58	109.7

 

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.

An exploration permit to drill, valid until April 28, 2029, was granted in 2024.

 

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.

 

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