Mr. Ian McGavney reports

COLIBRI RESOURCE CORPORATION ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION UNDER COORDINATED BLANKET ORDER 51-933

Colibri Resource Corp. has adopted semi-annual financial reporting (SAR). This news release is being issued and filed pursuant to Coordinated Blanket Order 51-933 -- Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (CBO 51-933).

CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, Colibri aims to reduce the administrative and financial burden associated with quarterly reporting allowing management to focus its resources on the company's exploration and development programs.

As a result of adopting SAR, the company will not file interim financial statements and related management's discussion and analysis (MD&A) for the three-month period ending March 31 and the nine-month period ending Sept. 30 of each applicable fiscal year. Colibri will continue to file audited annual financial statements (due within 120 days of Dec. 31) and six-month interim financial reports and related MD&A (due within 60 days of June 30).

The company remains committed to timely and transparent disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102 -- Continuous Disclosure Obligations.

About Colibri Resource Corp.

Colibri Resource is a Canadian junior mining company engaged in the acquisition, exploration and development of precious metal properties in Sonora, Mexico. Colibri holds a 100-per-cent interest in the EP gold project, a 49-per-cent joint venture interest in the Pilar gold and silver project with partner Tocvan Ventures (Canadian Securities Exchange: TOC), and an additional 60-per-cent interest in highly prospective claims at the Diamante gold and silver project.

We seek Safe Harbor.