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CBI.V ·

Colibri Resource Corporation Announces Grant of Options

Share Capital & Compensation

Suite 700-105 Englehart Street

Dieppe, New Brunswick E1A 8K2

Phone: 506-383-4274

Email: [email protected]

__________________________________________________________________________________________

Colibri Resource Corporation Announces Grant of Options

Dieppe, NB. April 23, 202 1. (CBI -TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) wishes to

announce that it has granted 1 ,900,000 incentive options to officers, directors, and consultants. The options

vest immediately, have a term of five years and are exercisable at $0.10 per share.

We seek safe harbour.

About Colibri Resource Corporation:

Colibri is a Canadian -based mineral exploration company listed on the TSX -V (CBI) and is focused on acquiring

and exploring prospective gold & silver properties in Mexico. The Company has six exploration projects of which

five currently have exploration programs being executed or planned. The flagship Evelyn Gold Proj ect is 100%

owned and explored by Colibri. The Company has four additional projects, Pilar Gold & Silver Project (optioned

to Tocvan Ventures- CSE:TOC), El Mezquite Gold & Silver Project , Jackie Gold & Silver Project, and the Diamante

Gold & Silver Project (agreements with Silver Spruce Resources – TSX.V-SSE) are also currently being actively

advanced.

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

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. 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. The statements made in

this news release may contain forward-looking statements that may involve a number of risks and uncertainties.

Actual events or results could differ materially from the Company's expectations and projections.

SOURCE: Colibri Resource Corporation

For further information: Ronald J. Goguen, President, Chairperson and Director, Tel:(506) 383 -4274,

[email protected]