Mr. Steve Regoci reports

GARIBALDI ANNOUNCES PROPOSED EXTENSION OF WARRANT EXPIRY DATES

Garibaldi Resources Corp. has applied to the TSX Venture Exchange for approval for a proposed amendment to the terms of warrants issued pursuant to the non-flow-through and flow-through private placements that closed on Dec. 2, 2022, and Dec. 23, 2022. The company proposes to extend the expiry dates of the warrants from Dec. 2, 2025, to Dec. 2, 2027, and from Dec. 23, 2025, to Dec. 23, 2027. All other terms of the warrants, including the exercise prices of 40 cents and 45 cents, will remain the same. The extension of the expiry dates is subject to the approval of the exchange.

About Garibaldi Resources Corp.

Garibaldi Resources 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.