Business
Colibri Appoints McGavney as President and CEO
Dieppe, New Brunswick--(Newsfile Corp. - September 22, 2023) - The Board of Directors of Colibri ...

About this update from Colibri Resource Corporation
[{"type":"text","content":"Colibri Appoints McGavney as President and CEODieppe, New Brunswick--(Newsfile Corp. - September 22, 2023) - The Board of Directors of Colibri Resource Corporation (TSXV: CBI) (OTC Pink: CRUCF) (\"Colibri\" or the \"Company\") is pleased to announce the appointment of Ian McGavney as the President and Chief Executive Officer of the Company. The Company also wishes to announce the retirement of Ron Goguen Sr. from the position of President and CEO. Ron joined the Colibri Board of Directors as Co-Chairman in 2013 and was appointed President and CEO in 2017. The Board of Directors wishes to extend the Company's sincere thanks to Ron for his dedication in directing and managing Colibri and building a Company which now has multiple discovery opportunities. Mr. Goguen will continue to provide strategic leadership as the Executive Chairman of the Board of Directors and will continue to manage the Company's drilling operations.Mr. McGavney has been serving as Colibri's Chief Operating Officer since 2018 and has worked very closely with Mr. Goguen building a shared vision of growth. From 2003 to 2009 he was founder and President of Skye Capital Corporation Inc., a private consulting company, which assisted in the founding, financing, and management of investee companies. From 2009 to 2016, Mr. McGavney served as an investment advisor with TD Bank Group. Since 2016, he has been an independent financial consultant and active board member to several public and private companies in the mining, consumer packaged goods and technology sectors. The Company has assembled large land positions with exceptional exploration potential in two world class gold and silver mining districts in Sonora, Mexico. The Company owns and operates its own drill rig providing for very cost effective exploration. Colibri's highly experienced Board of Directors looks forward to enhanced shareholder value through continued exploration success with the Company's current properties, as well as evaluation/acquisition of additional exploration and development opportunities, and enhanced marketing efforts. Further to the Company's news releases of August 4th and September 12th, 2023 with respect to its recently completed non-brokered private placement of convertible debenture units, for clarification, both the detachable common share purchase warrants and the finder's optio...