Colibri Announces Oversubscription To Previously Announced Placement

NEWS RELEASE – Dieppe, NB. June 1st, 2021. (CBI-TSXV) Colibri Resource Corporation (“Colibri” or the “Company”) wishes to announce pursuant to the previous news release of April 12, 2021 the Company further announces that the private placement financing was oversubscribed. In addition to the 23,482,000 units previously announced, investors subscribed for an additional 399,139 units at $.10 per unit with each unit consisting of one common share and one common share purchase warrant exercisable at $0.15 for one common shares for a period of twenty-four months from the date of issue.

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