CORRECTION FROM SOURCE: Colibri Reports Delay in Filing Year-End Financials

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[{"type":"text","content":"CORRECTION FROM SOURCE: Colibri Reports Delay in Filing Year-End FinancialsThis news release supersedes the news release filed on SEDAR on May 6, 2022.Notwithstanding the date of this news release, a news release was disseminated on April 29, 2022, announcing the delay in the Company's annual filings.Dieppe, New Brunswick--(Newsfile Corp. - May 9, 2022) - Colibri Resource Corporation (TSXV: CBI) (\"Colibri\" or the \"Company\") wishes to announce that the filing of its annual audited financial statements and accompanying MD&A for the year ended December 31, 2021 (the \"Required Filings\") has been delayed. As a result, the Company expects to be noted in default under applicable securities legislation.The delay in the timely completion of the Required Filings has been primarily due to unforeseen cross border reporting and procedural requirements involving the Company's operations in Mexico. The Company and its advisors are working diligently to complete such work and intends to make the Required Filings as soon as possible.Unfortunately, the Company was only notified of these audit issues very recently, and consequently, insufficient time remained for the preparation and filing of an application for a management cease trade order.Once a default is noted, it is expected that the New Brunswick Financial and Consumer Services Commission (the \"FCNB\") will issue a failure-to-file cease trade order (\"FFCTO\") that that prohibits trading in, and the acquisition or purchase of, securities of the Company. When issued, the Company expects the FFCTO to affect trading in all securities of the Company in Canada and to remain in effect until such time as the Company has made the Required Filings. The Company will issue a further news release when the Required Filings have been made.About Colibri Resource CorporationColibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on acquiring and exploring prospective gold & silver properties in Mexico. The Company has six exploration projects of which five currently have exploration programs being executed in 2022. (1) The flagship Evelyn Gold Project is 100% owned and explored by Colibri, (2) the Pilar Gold & Silver Project (optioned to Tocvan Ventures Corp. - (CSE: TOC), (3) the El Mezquite Gold & Silver Project, (4) the Jackie Gold & Si...

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