Caribou Posts Map for Nezen Claims, Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 1, 2013) - Caribou King Resources Ltd. ("Caribou" or the "Company") (TSX VENTURE:CKR)(FRANKFURT:CB8) has posted a location map for its Nezen claims, located 36 kilometers west of Hearst, Ontario. The Nezen claims are contiguous, covering an area of 256 hectares (632.6 acres), and adjoin the northeastern boundary of the Albany graphite deposit that is presently under advanced exploration by Zenyatta Ventures Ltd. A historic aeromagnetic low on the Nezen claims is wholly-enclosed within the claim boundary, with an extension southward onto the Albany property (see Caribou King news release, July 29, 2013). The map can be seen on the company website at www.caribouking.com.

The Company also announces the resignation of Tom E. McCandless as President and Director of Caribou King Resources. Dr. McCandless will be pursuing other interests, but will continue to serve in the capacity of Technical Advisor to the Company.

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.