Colibri Announces Appointment of Two New Directors to Its Board and Discloses Results of Annual General Meeting

May 28, 2021

NEWS RELEASE - Dieppe, NB. May 28th, 2021. (CBI-TSXV) Colibri Resource Corporation ("Colibri" or the "Company") wishes to announce the results of its Annual General Meeting held at its offices in Dieppe, New Brunswick at 10am Atlantic Standard Time on May 27th, 2021.

Change of Directors

Two new directors have been appointed for the following year. Camilla Cormier and Kevin O’Connor were elected to the Board of Directors at the meeting and replace Brian Crawford and Terry Byberg. Mr. Crawford will remain as the CFO of the Company. Colibri sincerely wishes to thank both Terry and Brian for their efforts in advancing the Company.

Camila Cormier is a CPA and has 30 years experience acting as a CFO and Controller, including the 14 years with several public companies.

Kevin O’Connor is a corporate attorney based in Chicago, IL.  He has practiced for 25 years in the areas of M&A, joint ventures, and corporate law. Having worked in China for 11 years for multinational mining and transportation equipment companies, he is fluent in Mandarin Chinese.

A total of 24,357,865 common shares representing 33.95% of the Company`s issued and outstanding common shares were voted in connection with the Meeting.

Shareholders also voted in favour of all items of business considered at the Meeting, including Stock Option Plan and the re-appointment of MNP LLP Chartered Accountants as the Company’s auditors.

About Colibri Resource Corporation:

Colibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on acquiring and exploring prospective gold & silver properties in Mexico. The Company has six exploration projects of which five currently have exploration programs being executed or planned for 2021. The flagship Evelyn Gold Project is 100% owned and explored by Colibri. The Company has four additional projects, Pilar Gold & Silver Project (optioned to Tocvan Ventures- CSE:TOC), El Mezquite Gold & Silver Project , Jackie Gold & Silver Project, and the Diamante Gold & Silver Project (earn-in agreements with Silver Spruce Resources – TSX.V-SSE) are also currently being actively advanced.

For more information about all Company projects please visit:

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.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.

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