Gold Rush Cariboo Announces Resignation of CFO And Director

Toronto, August 5, 2020 - Gold Rush Cariboo Corp. (TSXV: GDBO) (OTC: SGRWF) ("Gold Rush" or the "Company") announces the resignation of Mr. Randy Koroll as the Chief Financial Officer of the Company and Mr. Brian Stecyk as a director of the Company, effective immediately. The Company wishes to thank Mr. Koroll and Mr. Stecyk for their contributions to the Company and wishes them every success in their future endeavors.

The Company is also pleased to announce the appointment of Mr. David Robinson as a director and Chief Financial Officer of the Company. Mr. Robinson has over 10 years of accounting and capital markets experience. He has provided audit, tax and consulting services to private and public companies for a number of years at MNP LLP before moving to the Telus Pension Fund as a senior analyst, where he gained significant exposure to equity portfolio management and commercial lending. Mr. Robinson is currently the group CFO and a partner in Cronin Group, a natural resource focused merchant bank based in Vancouver, British Columbia. He is also the CFO of Temas Resources Corp. and Imperial Helium Corp.

Conan Taylor
President
1-877-497-0528

We Seek Safe Harbour

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Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including, but not limited to, the timing of future exploration work or drilling, and the expansion of the mineralization. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Gold Rush Cariboo Inc.., including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates, currency fluctuations, dependency upon regulatory approvals, the uncertainty of obtaining additional financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/61104