Colibri Resource Corporation Granted Extension to Accommodate Over-Subscribed Private Placement

Colibri Resource Corporation Granted Extension to

Accommodate Over-Subscribed Private Placement

DIEPPE, NB

,

March 9, 2018

/CNW/ - (CBI: TSX-V) – Colibri Resource Corporation ("Colibri" or the "Company") announces that it has been

granted an extension from the TSX Venture Exchange ("TSX-V") to close its over-subscribed

$1,200,000

non-brokered private placement. A

first tranche raising gross proceeds of

$1,077,098

has already closed (see the Company's news release of

March 5, 2018

). The second and final

tranche is now required to be closed on or before

March 21

, 2018.

For more information about all of our projects please visit:

www.colibriresource.com

We seek safe harbour.

About Colibri Resource Corporation:

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

Mexico

.

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

View original content: http://www.newswire.ca/en/releases/archive/March2018/09/c3982.html

%SEDAR: 00021936E

For further information:

Ronald J. Goguen, President, Chairperson and Director, Tel: (506) 383-4274, [email protected]

CO: Colibri Resource Corporation

CNW 14:09e 09-MAR-18