Mr. Ian McGavney reports

COLIBRI ANNOUNCES CLOSING OF SECOND TRANCHE OF ITS OVER-SUBSCRIBED NON-BROKERED OFFERING

Further to Colibri Resource Corp.'s news release of Nov. 3, 2025, it has closed a second tranche (Tranche 2) of its non-brokered private placement for gross proceeds of $140,980.

In connection with closing of Tranche 2 of the offering, Colibri has issued 939,867 units at a price of 15 cents per unit. Each unit comprised one common share and one common share purchase warrant of the company. Each warrant entitles the holder to acquire one additional common share of the company at a price of 25 cents for a period of 24 months following issuance. No finders' fees or commissions will be paid in relation to Tranche 2 of the offering.

Combined with Tranche 1, which closed on Oct. 31, 2025, the company has raised gross proceeds of $1,491,702.

Net proceeds will be used to fund the exploration at Colibri's flagship Mexican gold projects, including Pilar and EP, and for general working capital.

The common shares and warrants are subject to a statutory hold period expiring on the date that is four months and one day after closing. completion of the offering remains subject to final acceptance of the TSX Venture Exchange.

About Colibri Resource Corp.

Colibri is a Canadian-based mineral exploration company listed on the TSX Venture Exchange (CBI) and is focused on acquiring, exploring and developing prospective gold and silver properties in Mexico. The company holds four high-potential precious metal projects: 1) 100 per cent of EP gold project in the significant Caborca gold belt which has delivered highly encouraging exploration results and is surrounded by Mexico's second-largest major producer of gold on four sides, 2) 49-per-cent ownership of the Pilar gold and silver project which is believed to hold the potential to be a near-term producing mine, and 3) and an additional 60-per-cent interest in the highly prospective claims at Diamante gold and silver project. Colibri is committed to advancing its portfolio through systematic exploration programs in one of Mexico's most prolific mining states.

We seek Safe Harbor.