Colibri Resource Announces AGM and Special Meeting Results

DIEPPE, NB, May 31, 2016 /CNW/ - Colibri Resource Corporation (CBI : TSX-V) "Colibri" or the "Company", announces the results of its Annual and Special Meeting (AGM) held on May 27, 2016. Of the shares voted, at least 99% were in favour of all management resolutions proposed in the Company's Management Information Circular.

Resolutions proposed and approve include:

i.	The audited financial statements for the year end of Nov. 30, 2015 were approved.
ii.	The number of Directors was set at six.
iii.	The six Directors elected to the Board of Directors are; Edward Stringer, William Macdonald, Jacques Monette, Roger Doucet, Ronald Goguen and Paul Bartos.
iv.	The re-appointment of Anton & Chia, LLP as Auditors of the Corporation.
v.	The issuance of common shares in excess of 25% of the existing shares outstanding.
vi.	Approved the change of common shares issuable by the company to unlimited.
vii.	Approve the company's Stock Option Plan.

Subsequent to the AGM, the Board of Directors appointed the following officers:

Mr. Edward Stringer, President and CEO,
Mr. Ronald Goguen, Chairman and Corporate Secretary,
Ms. Camilla Cormier, Interim CFO

As of June 1, 2016, Mr. Brian Crawford will become the CFO of the Company, replacing Camilla Cormier. We would like to thank Camilla for her past work and dedication as CFO of the Company and wish her well in her future endevours.

Mr. Crawford, CPA, CA has over thirty years of experience as a senior financial executive of private and public corporations. Brian, a chartered professional accountant, is a former partner of BDO Canada and is currently CFO and a Director of several reporting issuers.

The Company also advises that it is issuing 550,000 stock options to Officers and Directors of the Corporation.

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

On Behalf of the Board,

Edward Stringer
President, CEO and Director

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 Corporation (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 and exploration and financial results may differ materially from estimates or projections.

SOURCE Colibri Resource Corporation

Edward Stringer, Director, President and Chief Executive Officer, Tel: [phone]