Colibri Announces Appointment of President and CEO

CBI: TSX-V

DIEPPE, NB, July 26, 2017 /CNW/ - Colibri Resource Corporation ("Colibri" or the "Company") announces that Mr. Ed Stringer has resigned as President and CEO of the Company effective immediately and the Board of Directors has appointed current director, Mr. Ron Goguen Sr., as President and Chief Executive Officer. Mr. Stringer is resigning due to health reasons and the Board of Directors wishes Mr. Stringer well and a speedy recovery. Mr. Stringer will remain a Director of Colibri.

About Colibri Resource Corporation

Colibri Resource Corporation is a Canadian mineral exploration company focused on acquiring, exploring and developing gold properties in Mexico.

Forward Looking Statements

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.

On Behalf of the Board of Directors
COLIBRI RESOURCE CORPORATION

"Ron Goguen"

Ron Goguen
CEO and Director

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.

SOURCE Colibri Resource Corporation

Ron Goguen, [email protected], 1 506-383-4274