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Vancouver, British Columbia – April 29, 2016. Colibri Resource Corporation (“Colibri” or the “Company”) (TSX.V-CBI) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Private Placement”) of 1,600,000 units (each, an “Unit”) for total proceeds of up to $80,000 at $0.05 per Unit.  Each Unit comprises of one common share of the Company (a “Share”) and one whole warrant to purchase an additional share at a price of $0.075 per share if exercised with the first year and at a price of $0.085 per share if exercised within the second year.