Caribou Financing Oversubscribed


VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 18, 2012) - CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company") (TSX VENTURE:CKR)(FRANKFURT:CB8) is pleased to announce that the private placement financings announced June 15th, 2012 have been oversubscribed. The Company expects to close the financings shortly upon receipt of all completed subscription agreements and approval by the TSX Venture Exchange.

The above offerings will have a four month hold period and are subject to acceptance by the TSX Venture Exchange.

Caribou King's mission is to identify, acquire, and advance high potential base and precious metal prospects. For more information visit the website at www.caribouking.com.

ON BEHALF OF THE BOARD

Michael England, CEO, Caribou King Resources Ltd.

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.

Contact Information:

Caribou King Resources Ltd.
Michael England
CEO
1-604-683-3995 or Toll Free: 1-888-945-4770
www.caribouking.com