Monday, April 10, 2017

Colibri Announces that its Shares Remain Halted and that Agnico Eagle Mines has Started Drilling on the Pitaya Property

DIEPPE, N.B. Apr. 10, 2017. (CBI: TSX-V) Colibri Resource Corporation (Colibri or the Company) announces that further to the TSX Venture Exchange (TSXV) Bulletin dated December 16, 2016, trading in the shares of the Company remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition of Canadian Gold Resources pursuant to Listing Policy 5.6 (d) of Exchange Policy 5.3. All relevant information has been submitted to the Exchange for review in regards to resume trading.

The regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9 (1) of the Universal Market Integrity Rules.

Colibri would also like to report that Agnico Eagle Mines Limited (AEM) has started a drill program with two drills on the Pitaya (Colibri) property in Mexico, which is a joint venture property between AEM and Colibri. AEM is the project operator on this property. Colibri will release the results from this drill program when they become available from AEM.

 

About Colibri Resource Corporation:

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

For Further Information Please Contact:

Edward Stringer, President, CEO and Director

Tel: (506) 383-4274

edstringer@colibriresource.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward looking statements concerning future operations of Colibri Resource Corp.(the “Company”). All forward looking statements concerning the company’s future plans and operations, including management’s assessment of the Company’s project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control.  Investors are cautioned that any such statements are not guarantees of future performance and that actual performance,  exploration and financial results may differ materially from any estimates and projections.