Mr. Steve Regoci reports

GARIBALDI ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Garibaldi Resources Corp., further to its news releases of May 9, 2025, and July 4, 2025, has completed its non-brokered private placement, pursuant to which it sold an aggregate of 14,401,988 units at a price of seven cents per unit for gross proceeds of $1,008,139.16. The offering was oversubscribed by $8,139.16.

Each unit consists of one common share of the company and one common share purchase warrant, with each warrant entitling the holder to purchase one share at a price of 10 cents per warrant share for a period of three years following the closing of the offering.

The company paid an aggregate of $1,260 to one eligible finder in connection with the offering.

The proceeds from the offering will be used for exploration and working capital purposes.

All shares and warrants issued in connection with the offering and any shares issuable on exercise of warrants are subject to a statutory hold period expiring four months and one day after closing of the offering.

Each of Steve Regoci, the chief executive officer and a director of the company, Barrie Di Castri, the chief financial officer, corporate secretary and a director of the company, and Greg Burnett, a director of the company, subscribed for an aggregate of 1,192,856 units under the offering, each of which are considered to be a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Each issuance to each of the insiders is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in Section 5.5(b) as the shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in Section 5.7(a) of MI 61-101 in that the fair market value of the consideration of the shares and warrants to be issued to each insider does not exceed 25 per cent of the company's market capitalization.

About Garibaldi Resources Corp.

Garibaldi is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico.