Colibri Resource Corporation Closes Second Tranche of Over-Subscribed Private Placement

Colibri Resource Corporation

DIEPPE, NB, March 16, 2018 /CNW/ – (CBI:TSX-V) – ColibriResource Corporation (“Colibri”or the”Company”) is very pleased to announcethat it has closed an over-subscribed second tranche on its previously announced financing (seethe Company’s news releases of March 2 and March 9, 2018). The Company has issued an additional 1,350,000 unitsat $0.10 per unit for gross proceeds of $135,000. Total gross
proceeds raised between thefirstand second tranches is $1,212,098.

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