Garibaldi Closes $145,000 Non-Flow Through Financing

GARIBALDI RESOURCES CORP.

1150 - 409 Granville Street

Vancouver, BC V6C 1T2

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

September 20, 2022 TSXV: GGI

OTC: GGIFF

Frankfurt: RQM

GARIBALDI CLOSES $145,000 NON-FLOW THROUGH FINANCING

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia, September 20, 2022 - Garibaldi Resources (TSXV: GGI) (the “Company” or

“Garibaldi”) announces that the Company has closed on $145,000 of its non-flow-through private

placement offering, which consisted of the issuance of 362,500 Units. The proceeds from the offering will

be used for working capital purposes.

The units (each, a “ Unit”) were sold at a price of $0.40 per Unit with each Unit consisting of one common

share of the Company (on a non-flow-through basis) and one-half of one common share purchase warrant

(each whole warrant, a “Warrant”), with each Warrant entitling the holder to purchase one common share

(on a non-flow-through basis) at a price of $0.55 per common share for a period of two years.

All securities issued in connection with the Financing are subject to a statutory hold period expiring

January 17, 2023.

None of the securities sold in connection with the Offering will be registered under the United States

Securities Act of 1933, as amended, and no such securi ties may be offered or sold in the United States

absent registration or an applicable exemption from the registration requirements. This news release shall

not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the

securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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.

GARIBALDI RESOURCES CORP.

Per: "Steve Regoci"

Steve Regoci, President

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

accuracy of this release