COLIBRI APPOINTS NEW DIRECTORS AND OFFICERS

VANCOUVER, January 22, 2016 /CNW/ - Colibri Resource Corporation (“Colibri”) is pleased to
announce the appointments of Mr. Edward Stringer, as the Company’s new President, CEO and a
Director, Mr. William D. Macdonald, as a Director of the Company, and Mr. Jacques F. Monette, as a
Director of the Company effective January 4, 2016.

Mr. Stringer, president and owner of Stringer Explorations Ltd., replaces Mr. Lance Geselbracht who has
resigned as a Director, President and CEO of Colibri. Mr. Stringer has over 50 years of experience in the
natural resource industry and has been a director and officer of several publicly listed companies on the
TSX Venture Exchange. He is also currently a director of Green Swan Capital Corp. that is listed on the
TSX Venture Exchange.

Mr. William D. Macdonald is a former Director and Logistics Manager of Landdrill International Inc.
(“Landdrill”). Landdrill is a Canada-based company engaged in providing drilling services throughout
Mexico and Nicaragua. The company offers drilling services, including surface and underground diamond
core drilling, directional drilling, reverse circulation hammer, reverse circulation blade, reverse
circulation grade control, blast-hole drilling, water well drilling, geotechnical and environmental drilling.

Mr. Jacques F. Monette is a career miner who has been engaged in every facet of underground mining for
more than 40 years. He a Director of Gold Bullion Development Corp. since 2008. He is also a director
of Landdrill International Inc. and their Vice President of Marketing. His previous positions included
Shaft Project Coordinator with Cementation Canada Inc., Vice President of Operations/Mining Division
for Wabi Development Corp., Vice President of Development for CMAC Mining Group, Operations
Manager for Moran Mining and Tunneling, as well as Area Manager for J.S. Redpath Group.

Mr. Doucet, Mr. Goguen and Mr. Stringer are the members of the audit committee of the Company.

Concurrently with the above appointments, Colibri accepted the resignations of Lance Geselbrach, as a
Director, President, CEO, and from the Audit Committee, and William Walker, as a Director and from the
Audit Committee.

Edward Stringer, Director, President and CEO of Colibri, stated: “We want to thank Lance and William
for their 10 years of dedication to Colibri Resource and wish them well in their new endeavours”.

For Further Information Please Contact:

Edward Stringer, Director, President and Chief Executive Officer

Tel: (506) -383-4274

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of the contents herein.

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