Source: CKR Carbon Corporation

Caribou Names New CEO and Project Manager

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 5, 2015) - CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company") (TSX VENTURE:CKR)(FRANKFURT:CB8)(OTCBB:CBULF) announces the appointment of Dr. Roger Moss as interim CEO and Mr. Arno Brand as Project Manager to help advance the company's portfolio of graphite projects in Namibia and Quebec.

Roger Moss, Ph.D, P.Geo. is a seasoned geologist with seventeen years international experience in the mining industry. Dr. Moss spent his formative years working on exploration projects in Southern Africa, including several years in Namibia, where he was instrumental in the discovery of the multi-million ounce Navachab gold deposit. More recently he has worked in senior management positions with TSX-V listed companies and has overseen the advanced exploration of porphyry projects in South America. Dr. Moss shares his interest and experience in ore deposits and mineral exploration with students as an adjunct professor in the Lassonde Mineral Engineering Program, University of Toronto.

Mr. Arno Brand is a Namibian entrepreneur with experience in major construction projects in Namibia, geology and metals marketing. Mr. Brand is involved in several international mining and procurement projects through Boswell Projects in Canada. Since 2013 he has worked with Next Graphite in the development of the Aukam graphite project and with Boswell International he is involved in various transactions to facilitate the direct sales of commodities from African producers.

"Dr. Moss and Mr. Brand bring very valuable experience directly related to Caribou's new Namibian graphite project at Aukam. We are very pleased to have them join our team." stated Mr. England.

Mr. England has stepped down as CEO and President but will remain as a contributing member of the Board of Directors of the Company. "We would like to thank Mike for his leadership in guiding Caribou King over the past six years and for positioning the company in the growing graphite space," stated Director Mr. John Masters.

Caribou King Resources Ltd. (TSX VENTURE:CKR) is a publicly-traded, Canadian junior exploration company that holds a portfolio of highly prospective graphite projects at various stages of exploration and assessment.

For more information, visit the website at www.caribouking.com.

On Behalf of the Board of Directors,

CARIBOU KING RESOURCES LTD.

Michael England, Director

"Neither 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.
(604) 683-3995
info@caribouking.com
www.caribouking.com