NEWS RELEASE

Colibri Resource Corporation Announces Director Change

August 18, 2025

NEWS RELEASE - DIEPPE, N.B., August 18, 2025 -- Colibri Resource Corporation (“Colibri” or the “Company”) (CBI: TSX-V) today announces that Jamie Lavigne, P. Geo, has resigned from his position as Director of the Company, effective immediately.

The Board extends its sincere gratitude to Mr. Lavigne for his dedicated service and valuable contributions to Colibri over the years. His technical expertise and commitment have been invaluable, and his insights as both a Director and Qualified Person under NI 43-101 have been instrumental to advancing Colibri’s strategic initiatives. We wish Jamie all the best in his future endeavors and thank him for his leadership and professionalism.


The Company is pleased to announce the appointment of Mark Smethurst, P. Geo, MSc, CFA-Level III Candidate, to the Board of Directors, effective immediately.


Mr. Smethurst brings over 25 years of extensive experience in exploration and development within the mining industry. Currently serving as Director, Technical Manager, and Geology Consultant at Canadian Gold Resources Ltd., he is a Qualified Person under NI 43-101 standards and contributes both deep geological insight and technical leadership.


Prior to his role at Canadian Gold Resources, Mr. Smethurst held several senior leadership positions across the sector, including:

  • Director and Manager – Technical & Geology Consultant, Canadian Gold Resources Ltd. (since 2024)
  • Director, Newpath Resources Inc. (2021–2022)
  • Chief Operating Officer, Tocvan Ventures Corp. (2020–2021)
  • Vice President Exploration, Rockcliff Resources Inc.
  • Senior Geologist, Hercules Metals Corp.


Mr. Smethurst holds a B.Sc. in Geology from the University of Toronto and an M.Sc. in Geophysics & Geology from the University of Windsor. He is also pursuing his CFA designation and has paused his Level 3 studies to focus on helping to build companies and continuing to make gold-silver discoveries. Mr. Smethurst is recognized as a Qualified Person under NI 43-101.


“We are delighted to welcome Mark Smethurst to our Board,” said Ian McGavney, President & CEO of Colibri. “Mark’s wide-ranging experience—from technical leadership to corporate governance—will be a significant asset as we continue to advance exploration at EP Gold, Pilar, and Diamante.”


McGavney added, “I have greatly enjoyed working closely with Jamie Lavigne over the years and sincerely appreciate his friendship and his contributions to Colibri.”

About Colibri Resource Corporation


Colibri Resource Corporation is a Canadian precious metals exploration company focused on advancing high-potential gold and silver projects in Sonora, Mexico. The Company holds a 49 % interest in the Pilar Gold & Silver Project, a 100 % interest in the EP Gold Project, and a 60 % interest in the Diamante Gold & Silver Project. Colibri is committed to unlocking long-term shareholder value through strategic exploration and development activities in Mexico’s premier mineral belts.


For more information about all Company projects please visit: www.colibriresource.com.


For further information contact:


Ian McGavney

President, CEO and Director


Tel: (506) 383-4274

Email: ianmcgavney@colibriresource.com



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.


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.

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Colibri Provides Summary of Over-Subscribed Non-Brokered Private Placement

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NEWS RELEASE - DIEPPE, N.B., November 7, 2025 -- Colibri Resource Corporation (“Colibri” or the “Company”) (CBI: TSX-V) is pleased to announce that, further to its news release of November 3, 2025, it has closed a second tranche (“Tranche 2”) of its non-brokered private placement (the “Offering”) for gross proceeds of $140,980. In connection with closing of Tranche 2 of the Offering, Colibri has issued 939,867 units (“Units”) at a price of $0.15 per Unit. Each Unit is comprised of one (1) common share (a “Common Share”) and one (1) common share purchase warrant (“Warrants”) of the Company. Each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of C$0.25 for a period of 24 months following issuance. No finder's fees or commissions will be paid in relation to Tranche 2 of the Offering. Combined with Tranche 1, which closed on October 31, 2025, the Company has raised gross proceeds of $1,491,702. Net proceeds will be used to fund the exploration at Colibri’s flagship Mexican gold projects, including Pilar and EP, and for general working capital. The Common Shares and Warrants are subject to a statutory hold period expiring on the date that is four months and one day after closing. Completion of the Offering remains subject to final acceptance of the TSX Venture Exchange. ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Colibri Announces Closing of Second Tranche of Its Over-subscribed Non-Brokered Offering

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NEWS RELEASE - DIEPPE, N.B., November 7, 2025 -- Colibri Resource Corporation (“Colibri” or the “Company”) (CBI: TSX-V) is pleased to announce that, further to its news release of November 3, 2025, it has closed a second tranche (“Tranche 2”) of its non-brokered private placement (the “Offering”) for gross proceeds of $140,980. In connection with closing of Tranche 2 of the Offering, Colibri has issued 939,867 units (“Units”) at a price of $0.15 per Unit. Each Unit is comprised of one (1) common share (a “Common Share”) and one (1) common share purchase warrant (“Warrants”) of the Company. Each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of C$0.25 for a period of 24 months following issuance. No finder's fees or commissions will be paid in relation to Tranche 2 of the Offering. Combined with Tranche 1, which closed on October 31, 2025, the Company has raised gross proceeds of $1,491,702. Net proceeds will be used to fund the exploration at Colibri’s flagship Mexican gold projects, including Pilar and EP, and for general working capital. The Common Shares and Warrants are subject to a statutory hold period expiring on the date that is four months and one day after closing. Completion of the Offering remains subject to final acceptance of the TSX Venture Exchange. ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Colibri Announces Closing of First Tranche of Its Over-subscribed Non-Brokered Offering and Engages CANMEX for Drilling at EP Gold Project

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