Colibri Resource Corporation Announces Director Resignation

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Colibri Resource (OTC:CRUCF)(TSXV:CBI) announced the immediate resignation of director Mark Smethurst. The company thanked him for his service.

Colibri is a junior mining company focused on precious metal properties in Sonora, Mexico, with interests in the EP, Pilar, and Diamante projects.

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Dieppe, New Brunswick--(Newsfile Corp. - June 5, 2026) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") announces that it has received the resignation of Mr. Mark Smethurst as a director of the Company, effective immediately.

The Company thanks Mr. Smethurst for his service and wishes him well in his future endeavors.

About Colibri Resource Corporation

Colibri Resource Corporation (TSXV: CBI) is a Canadian junior mining company engaged in the acquisition, exploration, and development of precious metal properties in Sonora, Mexico. Colibri holds a 100% interest in the EP Gold Project, a 49% joint venture interest in the Pilar Gold & Silver Project with partner Tocvan Ventures (CSE), and an additional 60% interest in highly prospective claims at the Diamante Gold & Silver Project.

ON BEHALF OF THE BOARD

Ian McGavney
President, CEO & Director
Tel: (506) 383-4274
Email: ianmcgavney@colibriresource.com

Notice Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300372

FAQ

What board change did Colibri Resource (CRUCF) announce on June 5, 2026?

Colibri Resource announced that director Mark Smethurst resigned from the board effective immediately. According to the company, it has expressed appreciation for his service and extended best wishes for his future endeavors.

When is Mark Smethurst’s resignation from Colibri Resource (CRUCF) effective?

Mark Smethurst’s resignation as a director of Colibri Resource is effective immediately as of June 5, 2026. According to the company, the change takes effect without a transition period or specified replacement in this announcement.

What does Colibri Resource (CRUCF) do in the mining sector?

Colibri Resource is a Canadian junior mining company focused on precious metal projects in Sonora, Mexico. According to Colibri, its business includes acquiring, exploring, and developing gold and silver properties across several projects and joint ventures.

Which gold and silver projects are held by Colibri Resource (CRUCF)?

Colibri Resource holds a 100% interest in the EP Gold Project in Sonora, Mexico. According to Colibri, it also owns 49% of the Pilar Gold & Silver Project and 60% of highly prospective claims at the Diamante Gold & Silver Project.

Who currently leads Colibri Resource (CRUCF) after the director resignation?

Colibri Resource is led by Ian McGavney, who serves as President, CEO, and Director. According to the company, he represents the board in this announcement and provides contact details for investor and stakeholder inquiries.

Where are Colibri Resource’s (CRUCF) precious metal properties located?

Colibri Resource’s precious metal properties are located in Sonora, Mexico. According to Colibri, this includes its EP Gold Project, its joint venture interest in the Pilar Gold & Silver Project, and majority claims at the Diamante Gold & Silver Project.