Colibri Appoints New Directors and Officers

VANCOUVER, Jan. 22, 2016 /CNW/ - Colibri Resource Corporation ("Colibri") (TSX.V-CBI) is pleased to announce the appointments of  Mr. Edward Stringer, as the Company's new President, CEO and a Director, Mr. William D. Macdonald, as a Director of the Company, and Mr. Jacques F. Monette, as a Director of the Company effective January 4, 2016.

Mr. Stringer, president and owner of Stringer Explorations Ltd., replaces Mr. Lance Geselbracht who has resigned as a Director, President and CEO of Colibri.  Mr. Stringer has over 50 years of experience in the natural resource industry and has been a director and officer of several publicly listed companies on the TSX Venture Exchange.  He is also currently a director of Green Swan Capital Corp. that is listed on the TSX Venture Exchange.

Mr. William D. Macdonald is a former Director and Logistics Manager of Landdrill International Inc. ("Landdrill").  Landdrill is a Canada-based company engaged in providing drilling services throughout Mexico and Nicaragua. The company offers drilling services, including surface and underground diamond core drilling, directional drilling, reverse circulation hammer, reverse circulation blade, reverse circulation grade control, blast-hole drilling, water well drilling, geotechnical and environmental drilling. 

Mr. Jacques F. Monette is a career miner who has been engaged in every facet of underground mining for more than 40 years.  He a Director of Gold Bullion Development Corp. since 2008. He is also a director of Landdrill International Inc. and their Vice President of Marketing. His previous positions included Shaft Project Coordinator with Cementation Canada Inc., Vice President of Operations/Mining Division for Wabi Development Corp., Vice President of Development for CMAC Mining Group, Operations Manager for Moran Mining and Tunneling, as well as Area Manager for J.S. Redpath Group.

Mr. Doucet, Mr. Goguen and Mr. Stringer are the members of the audit committee of the Company.

Concurrently with the above appointments, Colibri accepted the resignations of Lance Geselbrach, as a Director, President, CEO, and from the Audit Committee, and William Walker, as a Director and from the Audit Committee.

Edward Stringer, Director, President and CEO of Colibri, stated: "We want to thank Lance and William for their 10 years of dedication to Colibri Resource and wish them well in their new endeavours".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

SOURCE Colibri Resource Corporation

Edward Stringer, Director, President and Chief Executive Officer, Tel: (506) -383-4274