OTTAWA, ONTARIO -- (Marketwire) -- 07/15/10 -- Caribou Copper Resources Ltd. (TSX VENTURE: CKR) ("the Company") is pleased to announce the engagement of Tribeca Capital Partners Inc. ("Tribeca") to perform corporate advisory and investor relations services for the Company, effective July 15, 2010 for a period of twelve months, subject to TSX Venture Exchange approval. Tribeca will assist with the creation, coordination and implementation of Company's targeted objectives with respect to corporate development, producing and distributing effective marketing communication tools, increasing investor awareness, while introducing the Company to private investors, analysts, brokers, money managers, newsletter writers and other financial professionals.

As compensation for its services, Tribeca will receive a fee of $7,500 (plus H.S.T.) per month in remuneration and be reimbursed for all approved expenses for an initial term of twelve months, and the Company will grant Tribeca stock options to acquire 250,000 shares in the capital of the Company at an exercise price of $0.10, for a twenty four (24) month term, with a right to earn-in additional options subject to renewal. These options will be issued quarterly in 62,500 segments. The agreement and grant of options is subject to TSX Venture Exchange approval.

Caribou Copper Resources Ltd.'s President and CEO, Pierre Vella-Zarb states: "We are pleased to have Tribeca work with us to increase the exposure of Caribou to the financial markets and also increase awareness of our exploration activities. With the upcoming work program on our Caribou Dome property in Alaska, we expect good news flow over the next few months and will work with Tribeca to showcase the Company to a full range of retail and institutional investors. Our team looks forward to working with Tribeca in the coming months."

About Tribeca:

Based in Vancouver, British Columbia, Tribeca Capital Partners Inc. (www.tribecacap.com) was founded to provide a full range of capital market and investor relation services personalized to the needs of pre-IPO and to publicly listed North American based small-cap to mid-cap companies. The company is owned by Mr. Ali Sinawi, Mr. Kevin Beaulieu, and Mr. Jamie Hyland, investor relations professionals with a combined 17 years of experience assisting numerous small-cap corporations gain coverage and recognition within the global investment community.

About Caribou Copper:

Caribou Copper is a copper exploration and development company with 97 mining claims covering 16 square miles in Alaska. Its 10,240 acre Caribou Dome property is located in the Talkeetna mining district in south-central Alaska in the pass between Windy Creek and the south fork of Pass Creek in the Clearwater Mountains. By air, it is about 160 miles northeast of Anchorage, Alaska or about 110 miles south of Fairbanks, Alaska.

Shareholders and new investors are welcome to contact Tribeca at 1-866-944-8674 to discuss Caribou Copper Resources Ltd.

ON BEHALF OF CARIBOU COPPER RESOURCES LTD.

Pierre Vella-Zarb, President, CEO and 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.