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

Vancouver, British Columbia, May 11, 2026 - Garibaldi Resources Corp. (TSXV: GGI) (the “Company” or “Garibaldi”) announces that, further to its news release of April 22, 2026, it has filed an amended and restated offering document in connection with its proposed financing under the Listed Issuer Financing Exemption (as defined below), whereby the Company intends to raise gross proceeds of up to a minimum of $2,200,000 and maximum gross proceeds of $3,300,000 through an offering of up to 30,000,000 units (each, a “Unit”) at a price of $0.11 per Unit (the “LIFE Offering”).

Among other things, the amended and restated offering document clarifies the available funds for working capital.

There is an amended and restated offering document (the “Offering Document”) related to the LIFE Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.garibaldiresourcescorp.com. Prospective investors should read the Offering Document carefully before making an investment decision.

The Securities offered as a part of the LIFE Offering shall be offered to purchasers resident in all provinces of Canada pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the “Listed Issuer Financing Exemption”). Securities offered under the Listed Issuer Financing Exemption will not be subject to resale restrictions to Canadian resident investors pursuant to applicable Canadian securities laws.

None of the securities sold in connection with the LIFE Offering will be registered under the United States Securities Act of 1933, as amended, and none of these securities may be offered or sold in the United States. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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 British Columbia.

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.

Forward-Looking Statements Disclaimer

This news release contains forward‑looking statements within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward‑looking statements. Forward‑looking statements in this news release include, but are not limited to, statements regarding the completion of the LIFE Offering on the terms described or at all, the intended use of proceeds from the LIFE Offering, the satisfaction of closing conditions, the receipt of TSX Venture Exchange approval, and the anticipated closing date of the LIFE Offering.

Forward‑looking statements are based on management’s current expectations, assumptions and beliefs, including assumptions regarding market conditions, commodity prices, access to capital and the Company’s ability to carry out its planned exploration and corporate activities, and are subject to a number of risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied in such forward‑looking statements. These risks and uncertainties include, without limitation: the Company’s ability to complete the LIFE Offering as proposed or at all; the availability of financing on acceptable terms; the receipt of required regulatory approvals; general market conditions; fluctuations in commodity prices; and risks beyond the Company’s control. In addition, global geopolitical events and conditions, including armed conflicts, military actions, sanctions regimes, trade restrictions and heightened geopolitical tensions arising from conflicts in Ukraine, the Middle East (including Palestine), and tensions involving Iran, may contribute to increased volatility in global financial and commodity markets, disruptions to supply chains, inflationary pressures, higher interest rates, reduced investor risk appetite, and broader macroeconomic uncertainty, any of which could adversely affect the Company’s business, financial condition, results of operations, ability to raise capital, or the timing and execution of its planned activities.

Although the Company believes that the assumptions underlying the forward‑looking statements are reasonable, forward‑looking statements are not guarantees of future performance and actual results may differ materially from those anticipated. Accordingly, undue reliance should not be placed on forward‑looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward‑looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.