Colibri Resource Corporation Announces Grant of Stock Options and Corporate Update
Dieppe, August 31, 2026 - Colibri Resource Corp. (TSXV: CBI) ("Colibri" or the "Company") announces that its Board of Directors has approved the grant of an aggregate of 2,750,000 stock options to directors, officers, employees and consultants of the Company pursuant to the Company's stock option plan.
The options are exercisable at a price of $0.10 per common share. Of the options granted, 2,250,000 are exercisable for a period of five years and 500,000 are exercisable for a period of two years. The options are subject to the terms of the Company's stock option plan and the policies of the TSX Venture Exchange.
Diamante and Jackie Transaction Update
Further to the Company's news releases dated May 12, 2025 and June 15, 2026, Colibri reports that the final documentation relating to the Company's acquisition of Silver Spruce Resources Inc.'s interest in Yaque Minerals Inc., resulting in Colibri holding an effective 60% interest in the Diamante Gold & Silver Project, and the disposition of Colibri's 50% interest in the Jackie Gold & Silver Project to Silver Spruce Resources Inc. has been submitted to the TSX Venture Exchange for final approval.
The Company will provide a further update upon receipt of final Exchange approval and completion of the transactions.
About Colibri Resource Corporation
Colibri Resource Corporation (TSXV: CBI) is a Canadian-based mineral exploration company listed on the TSX Venture Exchange and focused on the acquisition, exploration and development of prospective precious and base metal properties in Mexico.
For further information:
Ian McGavney
President, CEO & Director
Colibri Resource Corporation
Tel: (506) 383-4274
Email: ianmcgavney@colibriresource.com
Neither the 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.
Forward-Looking Statements
This news release may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements in this release include statements regarding receipt of final TSX Venture Exchange approval and completion of the Diamante and Jackie transactions. The Company undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312152
