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File: GGI Oct 16 NR FINAL.docx

GARIBALDI RESOURCES CORP.
1150 - 409 Granville Street Vancouver, BC V6C 1T2
Telephone: (604) 488-8851 Website: GaribaldiResources.com
October 16, 2017 TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

  
GARIBALDI ARRANGES $10 MILLION FINANCING

  

Vancouver, British Columbia, October 16, 2017 - Garibaldi Resources (TSX.V: GGI) (the "Company" or "Garibaldi") is ple
--->ased to announce a non-brokered private placement to raise gross proceeds of up to $10,000,000 (CDN).  The exclusively
---> hard dollar financing at $3.15 per unit is being subscribed for by strategic investors and is expected to close short
--->ly.  
The Company will issue a total of 3,174,604 units.  Each common share unit at $3.15 comprises one common share in the 
--->capital of the Company and one full non-transferable share purchase warrant.  Each warrant is exercisable into one com
--->mon share at a price of $4.50 for a period of two years.
All units from the private placement are subject to a four-month hold period from the date of issuance. The financing 
--->will include finder's fee commissions on a portion of the placement and is subject to TSX Venture approval.
Proceeds from the financing will be used to further advance the Company's 100%-owned E&L Nickel Mountain Project, othe
--->r British Columbia properties, and the Company's gold and silver properties in Mexico.  
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 Mexico and
---> British Columbia.
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 a
--->ccuracy of this release.


File: GGI Oct 16 NR pdf FINAL.pdf

                       GARIBALDI RESOURCES CORP.
                                           1150 - 409 Granville Street
                                            Vancouver, BC V6C 1T2
                           Telephone: (604) 488-8851 Website: GaribaldiResources.com
 October 16, 2017                                                                                 TSXV: GGI
                                                                                                 OTC: GGIFF
                                                                                              Frankfurt: RQM


                      GARIBALDI ARRANGES $10 MILLION FINANCING

Vancouver, British Columbia, October 16, 2017 - Garibaldi Resources (TSX.V: GGI) (the "Company" or
"Garibaldi") is pleased to announce a non-brokered private placement to raise gross proceeds of up to
$10,000,000 (CDN). The exclusively hard dollar financing at $3.15 per unit is being subscribed for by strategic
investors and is expected to close shortly.
The Company will issue a total of 3,174,604 units. Each common share unit at $3.15 comprises one common
share in the capital of the Company and one full non-transferable share purchase warrant. Each warrant is
exercisable into one common share at a price of $4.50 for a period of two years.
All units from the private placement are subject to a four-month hold period from the date of issuance. The
financing will include finder's fee commissions on a portion of the placement and is subject to TSX Venture
approval.
Proceeds from the financing will be used to further advance the Company's 100%-owned E&L Nickel Mountain
Project, other British Columbia properties, and the Company's gold and silver properties in Mexico.

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 Mexico and British Columbia.
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.