Garibaldi Announces Issuance of Shares Pursuant to Mineral Property Agreement

GARIBALDI RESOURCES CORP.

1150 - 409 Granville Street

Vancouver, BC V6C 1T2

Telephone: (604) 488-8851 Website: GaribaldiResources.com

TSXV: GGI

OTC: GGIFF

Frankfurt: RQM

GARIBALDI ANNOUNCES ISSUANCE OF SHARES PURSUANT TO

MINERAL PROPERTY AGREEMENT

Vancouver, British Columbia , June 15, 2022 - Garibaldi Resources (TSXV: GGI) (the “ Company” or

“Garibaldi”) is pleased to announce that , further to its News Release of April 25, 2022, it has received

approval from the TSX Venture Exchange to the mineral property purchase agreement (the “Agreement”)

with Glen Prior (the “Vendor”), whereby the Company has paid a cash payment of $1,561.81 and issued an

aggregate of 25,000 common shares (the “Shares”) of the Company to the Vendor.

The Shares are subject to a statutory hold period ex piring four months and one day after the issuance of

the Shares.

Pursuant to the Agreement, on the date the Compan y commences commercial production on the mineral

tenure located on the Omenica Mining Division in the Province of British Columbia, the Vendor shall be

entitled to receive a royalty of 1% of net smelter returns calculated in accordance with the Agreement. The

Company shall have the right to buy back a one-half interest of the 1% net smelter royalty upon payment at

any time to the Vendor of the sum of $500,000.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-bas ed 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.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: "Steve Regoci"

Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the

accuracy of this release.