Garrison International Ltd.

Garrison International Ltd.

April 11, 2007 16:30 ET

Garrison International Ltd.'s Private Placement Financing of $1.6 Million Receives TSX Venture Exchange Acceptance and Closes

TORONTO, ONTARIO--(CCNMatthews - April 11, 2007) - Garrison International Ltd. (TSX VENTURE:GAU) (the "Company") is pleased to announce that the TSX Venture Exchange has accepted the Company's previously disclosed private placement (the "Private Placement") of 18,868,000 common share units (each consisting of one common share and one share purchase warrant) at $0.085 per unit, for total gross proceeds of approximately $1,603,780. Each whole warrant is exercisable for one common share at a price of $0.105 per share until 12 months from the date of issue. Further to the acceptance from the TSX Venture Exchange, the Company has closed the Private Placement.

In connection with the Private Placement, no finders, brokers or other agents are entitled to receive either warrants or a cash commission. All of the common shares and warrants issued by the Company pursuant to the Private Placement are subject to restrictions on trading that expire on July 30, 2007.

The net proceeds of the Private Placement will be used to fund the Company's exploration programs in Mongolia, China and Guyana and for other permitted general corporate purposes.

About the Company

Garrison is a junior mineral exploration company focused on acquiring and developing advanced stage gold properties in Mongolia, China and Guyana. For complete details on Garrison International Ltd. and its partners, management encourages investors and interested parties to view its public documents filed on SEDAR at


No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of Garrison International Ltd. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Garrison International Ltd. assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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