Vancouver, BC, April 20, 2015 – Cariboo Rose Resources Ltd. (TSX-V:CRB) (“Cariboo Rose”) has received a subscription for a non-brokered private placement agreement, subject to regulatory approval, for the sale of 3,000,000 common shares at a price of $0.05 per share. The shares issued pursuant to this private placement shall be subject to a four-month hold period.
Total gross proceeds of the offering will be $150,000. The proceeds of the offering shall be applied to general working capital.
The company shall pay no fees or commissions on behalf of the placement.
This offering is subject to approval of the TSX Venture Exchange.
On behalf of the board of directors of Cariboo Rose Resources Ltd.
Donald D. Sharp
Donald D. Sharp, C.A. Director & CFO
Cariboo Rose Resources Ltd.
Paul Way, Business Development Manager
Phone: (604) 681-7913, Toll Free: 888-656-6611; email: firstname.lastname@example.org
About Cariboo Rose Resources Limited
Cariboo Rose Resources is a prospect generating mineral exploration company with seven gold, copper and molybdenum exploration projects in British Columbia and the Yukon. Cariboo Rose trades on the TSX Venture exchange under the symbol “CRB”. For more information please visit the Company’s website at www.cariboorose.com.
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 release.