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Garibaldi Resources Corp.

03:45 PM EST - Garibaldi Resources Corp. : announced that it has arranged a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.20 per unit for total gross proceeds of up to $1 million. Proceeds of the financing will be used to immediately expand current drilling and exploration programs following up on a growing high-grade discovery at its 100%-owned Rodadero North Silver-Gold Project in central Sonora State, Mexico, and for general working capital purposes. Garibaldi Resources Corp.
shares V.GGI are trading up $0.01 at $0.20.