Option Exercise Price Amendment

August 7, 2020 – Vancouver, BC — Golden Cariboo Resources Ltd. (the “Company”) (TSX.V: GCC.H) announces it has increased the exercise price of 2,485,000 stock options from $0.05 to $0.10. 1,885,000 of the options have an expiry date of January 17, 2021 and 600,000 of options have an expiry date of May 19, 2023

For further information please contact:
“Glen C. Macdonald”
Glen C. Macdonald, P. Geo

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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