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News Releases

Garibaldi Closes Temoris Transaction, Receives 6,000,000 Shares of Paramount Gold and Silver Corp.

March 19, 2009

Garibaldi Resources Corp. (“Garibaldi”), is pleased to announce that it has closed its sale to Paramount Gold and Silver Corp. (“Paramount”) of Garibaldi’s option interest in the 54,000 hectare Temoris Concessions, in Chihuahua State, Mexico as previously announced in Garibaldi’s news release dated February 17, 2009. In consideration for the option interest, Paramount has paid Garibaldi $US400,000 in cash and the issued to Garibaldi 6,000,000 shares in Paramount’s capital. The shares are to be released in twelve equal tranches of 500,000 shares. 

GARIBALDI RESOURCES CORP. 
per: “Steve Regoci” Steve Regoci, President


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