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Garibaldi Resources Corp. Confirms Availability of Annual Meeting Materials and Provides Corporate Update

Shareholder Meetings

GARIBALDI RESOURCES CORP.

1150 – 409 Granville Street

Vancouver, BC V6C 1T2

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

TSXV: GGI

OTC: GGIFF

Frankfurt: RQM

Garibaldi Resources Corp. Confirms Availability of Annual Meeting Materials and Provides

Corporate Update

Vancouver, British Columbia , December 11, 2024 – Garibaldi Resources Corp. (TSXV: GGI)

(the “Company”) announces that the Company will be relying on CSA Coordinated Blanket Order 51-931

(the “ Order”) for exemption from the requirements to send proxy-related materials (the “ Meeting

Materials”) for its upcoming annual and general special meeting being held at the offices of Cozen

O’Connor LLP, Bentall 5, 550 Burrard Street, Suite 2501, Vancouver, BC, V6C 2B5 on Monday, December

30, 2024 at 10:00 AM PST (the “ Meeting”) due to the current delays and suspension of mail service in

Canada due to the nationwide strike of the Canadian Union of Postal Workers that commenced on

November 15, 2024 (the “Postal Strike”).

The Company confirms that it has satisfied all of the conditions to rely on the Order.

The following resolutions will be put forth to the shareholders of the Company at the Meeting:

(1) to receive the audited financial statements of the Company for the fiscal year ended January 31,

2024, and the accompanying report of the auditors;

(2) to appoint Manning Elliott, Chartered Professional Accountants, as the auditors of the Company

for the financial year ending January 31, 2025 and to authorize the directors of the Company to fix

the remuneration to be paid to the auditors for the financial year ending January 31, 2025;

(3) to set the number of directors of the Company at six (6);

(4) to elect, individually, Steve Regoci, Barrie Di Castri, Jeremy Hanson, Greg Burnett, Dr. Craig

Gibson and Dr. Raymond Goldie as the directors of the Company; and

(5) to consider and, if thought fit, to re-approve and confirm the Company’s 2023 Equity Incentive

Plan, including re-approval of a 10% rolling plan for stock options and a fixed plan of 13,740,285

common shares for performance-based awards of re stricted share units, performance share units

and deferred share units, all as described in the accompanying management information circular.

The Meeting Materials are accessible on the Company’s profile on SEDAR+ at www.sedarplus.ca and on

the Company’s website at www.ga ribaldiresourcescorp.com. Shareholders of the Company are

encouraged to access the Meeting Materials directly through the above-mentioned websites, or they may

contact Steve Regoci, the Company’s Chief Executive Officer, at 604-488-8828, or by email at

[email protected] to request electronic co pies of the Meeting Materi als. In the event that

the Postal Strike ends prior to the Meeting, the Co mpany will mail the Meeting Materials in the normal

course, but there can be no assurance that the Meeting Materials will be received by the shareholders prior

to the Meeting.

The Company encourages shareholders to vote at the Meeting. Proxies must be received by no later than 10:00

AM PST on December 24, 2024.

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How Registered Shareholders Can Vote

Registered shareholders are shareholders who hold their shares directly in the Company, and not through

a brokerage account or depository company. The Company is advised that registered shareholders may

submit their votes by proxy by completing the form of proxy available on the Company’s SEDAR+ profile

or on the Company’s website and sending the co mpleted proxy to Computershare by email at

[email protected]. Registered shareholders who require assistance submitting their votes by

proxy may contact Computershare toll-free between the hours of 8:30 AM and 8:00 PM EST at 1-800-564-

6253 or email at [email protected].

How Beneficial Shareholders Can Vote

Beneficial shareholders are shareholders who hold their investment through a brokerage house, depository

company or other intermediary. Beneficial shareholders should contact their brokerage house or depository

company or other intermediary and ask to obtain their voting control number and the steps of how to vote,

which could include internet voting, completing a form of proxy and emailing it, directing your broker

over the phone on how you wish to vote or some ot her method as described by your brokerage house or

depository company.

Financial Statements and MD&A

Copies of the Company’s annual financial statements and related management discussion and analysis for

the year ended January 31, 2024, as well as interim financial statements and related management discussion

and analysis for the quarterly periods ended April 30, 2024 and July 31, 2024 (collectively, the “ Financial

Statements and MD&A ”) have been filed and are available on the Company’s SEDAR+ profile at

www.sedarplus.ca.

The Company will provide physical copies of the Financial Statements and MD&A to securityholders upon

request by phone at 604-488-8828, or by email at [email protected]. Following the conclusion of

the Postal Strike, shareholders requesting Financ ial Statements and MD&A will be delivered those

documents in the ordinary course.

The Company also announces that on December 10 , 2024, it issued 100,000 common shares (each,

a “Share”) to DeCoors Mining Corp. (“ DeCoors”) pursuant to the restated amending agreement with

DeCoors (the “Amending Agreement”), amending the buyback acquisition of the 2.0% Net Smelter Return

royalty (the “ NSR”) payable on the Company’s Palm Springs claims (the “P roperty”) located in

northwestern British Columbia. Pursuant to the terms of the Amending Agreement, the Company may

acquire a 1.0% NSR on the Property by issuing 500,000 Shares over a 4-year period. The Company may

acquire the remaining 1.0% NSR by making a cash pa yment of $2,000,000. The Shares are subject to a

statutory hold period expiring four months and one day after issuance of the Shares.

About Garibaldi

Garibaldi Resources Corp. 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.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”

Steve Regoci, Chief Executive Officer

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

the accuracy of this release.