2CO1 Colibri Resources Corp.

Colibri Resource Corporation Announces Private Placement

Dieppe, New Brunswick--(Newsfile Corp. - October 30, 2020) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") wishes to announce that, subject to regulatory approval, it intends to proceed with a non-brokered private placement of 962,500 units at $0.08 per unit for proceeds of CAD $77,000.

The units will consist of one common share and one full share purchase warrant. Each warrant entitles the investor to acquire one additional common share at $0.12 for two years from the closing of the private placement.

Funds will be used for general corporate purposes.

For more information about all of our projects please visit: .

We seek safe harbour.

About Colibri Resource Corporation:

Colibri is a Canadian mineral exploration company listed on the (TSXV: CBI) focused on acquiring and exploring properties in Mexico.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

SOURCE: Colibri Resource Corporation

For further information: Ronald J. Goguen, President, Chairperson and Director, Tel: (506) 383-4274,

To view the source version of this press release, please visit

EN
30/10/2020

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Reports on Colibri Resources Corp.

 PRESS RELEASE
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2CO1 Colibri Resourc...

Colibri Resource Corporation Announces Private Placement

Dieppe, New Brunswick--(Newsfile Corp. - October 30, 2020) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") wishes to announce that, subject to regulatory approval, it intends to proceed with a non-brokered private placement of 962,500 units at $0.08 per unit for proceeds of CAD $77,000.The units will consist of one common share and one full share purchase warrant. Each warrant entitles the investor to acquire one additional common share at $0.12 for two years from the closing of the private placement. Funds will be used for general corporate purposes.For more informati...

October 30, 2020 1 EN
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Colibri Resource to Sell 50% of Its "Jackie" Gold Exploration Project ...

Dieppe, New Brunswick--(Newsfile Corp. - October 15, 2020) - Colibri Resource Corporation ("Colibri" or the "Company") (TSXV: CBI) is pleased to announce that the Company has signed a Letter of Intent with Silver Spruce Resources Inc to sell a 50% interest in the Jackie Gold project ("the Property") located 5km to the south-southwest the town of Tepoca in Sonora, Mexico."We are enthusiastic about the prospect of working with the Silver Spruce team on the Jackie Gold project. This is the second project that they have taken a 50% interest in with us in less than six months. Their commitments to ...

October 15, 2020 1 EN
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Colibri Resource Corporation Receives Results of Continuing Work at th...

Dieppe, New Brunswick--(Newsfile Corp. - September 30, 2020) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that the Company has received an update from its option partner Tocvan Ventures (CSE: TOC) on the Pilar Gold-Silver Project ("Pilar") in Sonora, Mexico. Tocvan is in the second year of a five-year option agreement to purchase an initial 51% of the Pilar Gold-Silver Project. Tocvan is executing a comprehensive exploration program at Pilar which includes the application of geophysics, geochemistry, and structural geology. Based on work com...

September 30, 2020 1 EN
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Dieppe, New Brunswick--(Newsfile Corp. - September 29, 2020) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that it has received the results of a high resolution magnetic survey completed at the Evelyn Gold Project located in the Caborca Gold Belt, NW Sonora, Mexico.The survey was completed by Geo Digital Imaging de Mexico de C.V. ("Geo Digital"). Based on various processing of the magnetic data, the team at Geo Digital have provided a preliminary interpretation of the data which includes identification of three families of lineaments with orie...

September 29, 2020 1 EN
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Colibri Resource Corp Begins Trench Program Targeting Areas of Known G...

Dieppe, New Brunswick--(Newsfile Corp. - September 11, 2020) -  Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announced that the Company has received an exploration permit to create up to 2.2 km of trenches in up to 13 separate areas on Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora.Recent geological mapping and prospecting on the Evelyn property has resulted in the recognition of significant gold mineralization in outcrop and sub crop as highlighted in a Colibri news release dated August 6th, 2020. The objectives of the planne...

September 11, 2020 1 EN

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