Mr. Steve Regoci reports

GARIBALDI ANNOUNCES PRIVATE PLACEMENT

Garibaldi Resources Corp. has arranged a financing as follows.

Garibaldi will issue up to 1.45 million units at 46 cents per unit to raise gross proceeds of up to $667,000. Each unit consists of one common share in the capital of the company and one non-transferable share purchase warrant. Each warrant is exercisable into one common share at a price of 60 cents for a period of two years.

The proceeds will be used for the company's exploration programs as well as general working capital purposes.

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 Mexico and British Columbia.

We seek Safe Harbor.