Ad hoc: Cariboo Gold Mines announces name change to Holmes Investment Properties PLC

Cariboo Gold Mines announces name change to Holmes Investment Properties PLC Cariboo Goldmines PLC has announced a name change to Holmes Investment Properties PLC. At the General Meeting of 27th March 2017, shareholders resolved to change the name of the company. The company under its new name: Holmes Investment Properties PLC will continue to be listed on the Berlin Bourse.

Commenting on the name change, CEO Martin Helme says: "Our major business is Holmes Investment Properties, which acts as the property company for "David Lloyd's Adventure Parks." Along with Mr David Lloyd, Chairman of "David Lloyd's Adventure Parks," we are making a lot of progress with respect to finding sites to build the first adventure park venues. More than twelve sites are being actively considered at the moment with work on planning matters and local research well underway by a team of property professionals We look forward to making some important announcements in this area in the near future."

The management team are committed to enhancing shareholder value by focusing on a business which is asset backed and has a low overhead base including reduced director salaries, all of whom are shareholders so that directors are aligned with all shareholders in delivering shareholder value.

Contact:

Martin Helme, Chief Executive Officer +44 (0)7779 601541 or +44 (0)203 709 7120 Martin@hip-prop.co.uk

Murray Harkin, The Lyndon Agency +44 (0)77852 54639 Murray@thelyndonagency.com

Notes: Over his long career, Mr Lloyd has founded two multi-million pound businesses: David Lloyd Leisure and - with his son Scott - Next Generation Clubs.

Mr. Lloyd has recently spotted a gap in the market for one-stop, multi-exercise parks that will offer both brilliant indoor and outdoor activities. His new enterprise, "David Lloyd's Adventure Parks" will take advantage of fast growing segments in the £4 billion UK leisure sector, bringing together hard-to-find but easy-to-enjoy activities such as trampolining, zip wires, soft play and climbing walls. The plan is for the first adventure parks to open in 2018, with all twelve open by 2021.

Holmes Investment Properties has an exclusive contract to fund and build the first twelve sports activity centres for Mr Lloyd's Company, "David Lloyd's Adventure Parks." Holmes Investment Properties will own the land and fund the purchase and construction of the parks. After the construction, "David Lloyd's Adventure Parks" will fit out and operate the properties.