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Garibaldi Resources Corp(GGI-X)
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GARIBALDI CLOSES $2,291,445 TO FUND 2022 EXPLORATION PROGRAMS

Newswire.ca - Tue Jul 26, 2022

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

VANCOUVER, BC, July 26, 2022 /CNW/ - Garibaldi Resources (TSXV: GGI) (the "Company" or "Garibaldi") is pleased to announce the closing of the flow-through portion of the non-brokered private placement financing (the "Financing") announced on July 5, 2022. The Company sold an aggregate 5,328,944 flow-through units (each, a "Unit") at $0.43 per Unit for aggregate gross proceeds of $2,291,445.92. Each Unit was comprised of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant is exercisable at $0.55 per common share for a period of two years. The flow-through portion of the Financing was over-subscribed by almost 15%.

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