The Board of Directors of Colibri Resource Corporation announced the appointment of Ian McGavney as the President of the Company. The Company also announce the retirement of Ron Goguen Sr. from the position of
President. Ron joined the Colibri Board of Directors as Co-Chairman in 2013 and was appointed President and CEO in 2017. 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.