Mr. Mac Balkam reports

ESKAY MINING CORP. UPDATES EARLY WARNING DISCLOSURE RELATING TO GARIBALDI RESOURCES CORP.

Eskay Mining Corp. previously filed an early warning report with respect to the securities of Garibaldi Resources Corp. (GGI) on March 9, 2021. As a result of increases in the issued and outstanding capital of GGI, the direct interest of Eskay in GGI has been reduced to approximately 15.59 per cent of the issued and outstanding common shares of CGI on a non-diluted and partially diluted basis.

The company wishes to advise that the 23,703,688 common shares of CGI held by the company were acquired for investment purposes and that it has no present intention to either increase or decrease its direct or indirect holdings in GGI. Notwithstanding the foregoing, depending upon market conditions and other factors, the company may increase or decrease its beneficial ownership, control or direction over common shares of GGI through market transactions, private agreements, other treasury issuances or otherwise.

This news release is issued pursuant to National Instrument 62-103 -- The Early Warning System and related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators, which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of this early warning report in respect of this transaction will be available on GGI's issuer profile on SEDAR+.

About Eskay Mining Corp.

Eskay Mining is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the Golden Triangle, 70 kilometres northwest of Stewart, B.C.

We seek Safe Harbor.