VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 3, 2013) - CARIBOU KING RESOURCES LTD. ("Caribou") (News - Market indicators)(FRANKFURT:CB8) is pleased to announce it has retained the services of Byron Capital Markets Ltd. ("Byron") as its financial adviser. Under the terms of the agreement, Byron has agreed to help Caribou raise up to 10 million dollars on a best-efforts agency basis. Additionally, Byron will provide various advisory services concerning to Caribou's strategic external growth initiatives including potential mergers, acquisitions, and joint-venture partnerships.

"We are excited to be working with one of the most respected financial groups in the specialty metals space," states Michael England, Caribou's CEO.

Byron is a Toronto-based institutional investment dealer serving small and mid-market capitalization companies in Canada and around the world in numerous sectors including energy, mining and metals. Byron is a member of the Investment Industry Regulatory Organization of Canada and provides clients with a full range of investment banking and advisory services to assist them through their various stages of development and growth.

This engagement is subject to TSX Venture Exchange approval.

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

ON BEHALF OF THE BOARD 

Michael England, CEO, Caribou King Resources Ltd.