DIEPPE, N.B., Sept. 7, 2017 /CNW/ – (CBI: TSX-V) – Colibri Resource Corp.(“Colibri” or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement (see the Company’s news release dated August 29, 2017). The Company has issued 4,265,000 units at a price of $0.15 per Unit for gross proceeds of $639,750.00. Each unit consists of one common share and one warrant. Each warrant entitles the holder to acquire one additional common share of the Company at a price of $0.25 per share for a period of 24 months following closing. The Units are subject to resale restrictions until January 7, 2018 under applicable securities legislation.