Received by email:

File: GGI Oct 31 NR FINAL.docx

GARIBALDI RESOURCES CORP.
1150 - 409 Granville Street Vancouver, BC V6C 1T2
Telephone: (604) 488-8851 Website: GaribaldiResources.com
October 31, 2017 TSXV: GGI
                                                                                                                      
--->                                                  OTC: GGIFF
                                                                                                                      
--->                                                     Frankfurt: RQM

  
GARIBALDI COMPLETES $10 MILLION FINANCING

  

Vancouver, British Columbia, October 31, 2017 - Garibaldi Resources (TSX.V: GGI) (the "Company" or "Garibaldi") is ple
--->ased to announce the closing of its non-brokered private placement for total gross proceeds to the Company of $10,000,
--->000 (CDN).  
Steve Regoci, President & CEO of Garibaldi, commented:  "The discovery of northwest British Columbia's first high-grad
--->e nickel sulphide system at Nickel Mountain, strategically positioned in the heart of a producing high-grade gold camp
---> with excellent infrastructure such as Eskay, is a hugely significant exploration development for the entire Golden Tr
--->iangle.  Visionary investors understand how rare and valuable these type of discoveries are.  
"We eagerly anticipate SGS Canada releasing initial Nickel Mountain assay results in the coming days," Regoci conclude
--->d.  
Private Placement Details
The Company issued a total of 3,174,603 units at $3.15 per unit.  Each unit 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 shar
--->e 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 
--->included payment by the Company of advisory and finder's fee commissions on a portion of the placement totaling $319,4
--->99.  The financing is subject to TSX Venture approval.
Proceeds from the financing will be used primarily to further advance the Company's 100%-owned E&L Nickel Mountain Pro
--->ject and to unlock the value of the Company's 100%-owned 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 31 NR pdf FINAL.pdf

                       GARIBALDI RESOURCES CORP.
                                           1150 - 409 Granville Street
                                            Vancouver, BC V6C 1T2
                           Telephone: (604) 488-8851 Website: GaribaldiResources.com
October 31, 2017                                                                                 TSXV: GGI
                                                                                                OTC: GGIFF
                                                                                               Frankfurt: RQM


                      GARIBALDI COMPLETES $10 MILLION FINANCING

Vancouver, British Columbia, October 31, 2017 - Garibaldi Resources (TSX.V: GGI) (the "Company" or
"Garibaldi") is pleased to announce the closing of its non-brokered private placement for total gross proceeds to
the Company of $10,000,000 (CDN).

Steve Regoci, President & CEO of Garibaldi, commented: "The discovery of northwest British Columbia's first
high-grade nickel sulphide system at Nickel Mountain, strategically positioned in the heart of a producing high-
grade gold camp with excellent infrastructure such as Eskay, is a hugely significant exploration development for
the entire Golden Triangle. Visionary investors understand how rare and valuable these type of discoveries are.

"We eagerly anticipate SGS Canada releasing initial Nickel Mountain assay results in the coming days," Regoci
concluded.

Private Placement Details
The Company issued a total of 3,174,603 units at $3.15 per unit. Each unit 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 included payment by the Company of advisory and finder's fee commissions on a portion of the
placement totaling $319,499. The financing is subject to TSX Venture approval.
Proceeds from the financing will be used primarily to further advance the Company's 100%-owned E&L Nickel
Mountain Project and to unlock the value of the Company's 100%-owned 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.