Day: September 21, 2018

Colibri Resource Corporation wishes to clarify certain information regarding exploration potential on its Pilar Project in Sonora State, Mexico. In news releases issued on January 4, February 7 and March 20, 2018 and in its corporate presentation located on its website, the Company stated that it has defined an in-house resource calculation on the Main Zone deposit of 700,000 tonnes grading 1.9 g/t Au. The estimation reported incorporated historical drill holes reported by a previous operator and for which the Company can not verify location and assay data consistent with the requirements for NI 43-101 compliance. The resource calculation is therefore not NI 43-101 compliant and should not be relied upon.

The net proceeds received by the Company from the Offering and the Program will be used for exploration at the Company’s properties in Mexico and Argentina and for working capital and general corporate purposes.