DIEPPE, NB, March 29, 2018 /CNW/ - (CBI: TSX-V) –
Colibri Resource Corporation ("Colibri" or the "Company") wishes to
announce that it has appointed Ian
McGavney as its Chief Operating Officer.
Mr. McGavney is an experienced junior mining company executive
with prior roles in both public and private companies. From 2003 to
2009 he was a founder and President of Skye Capital Corporation
Inc. Skye Capital Corporation assisted in founding, financing, and
managing junior exploration start-ups as well as restructuring
situations. Two such private exploration companies were Northern
Lorena Resources and High Tide Resources. Northern Lorena was a
uranium exploration company which was acquired by Mega Uranium
(TSX-MGA) and High Tide Resources was a Gold/Silver exploration
company which was acquired by Avidian Gold (TSXV-AVG).
From 2009 to 2016, Mr. McGavney served as an Investment Advisor
with TD Wealth-Private Investment Advice, a division of TD Bank
Group. Since 2016, he has acted as an independent finance/marketing
consultant to several public and private mining/exploration
companies.
"I look forward to working with the experienced team of business
leaders and mining professionals surrounding this Company," stated
McGavney. "Our goals have been set high at Colibri and I am
confident that our collective efforts will move our portfolio of
exploration projects along the value curve for the benefit of our
shareholders."
The Company also announces that it has set a total of 4,400,000
Corporate Stock Options at a price of $0.10 per share to board members, executives, and
financial consultants of the Company. These options will be set for
periods of five years to ten years and will be subject to vesting
periods of three years.
For more information about all of our projects please visit:
www.colibriresource.com.
We seek safe harbour.
About Colibri Resource Corporation:
Colibri is a
Canadian mineral exploration company listed on the TSX-V (CBI)
focused on acquiring and exploring properties in Mexico.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this news release.
Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
The statements made in this news release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ
materially from the Company's expectations and projections.
SOURCE Colibri Resource Corporation