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Colibri Resource ( (TSE:CBI) ) has provided an update.
Colibri Resource Corporation announced a new non-brokered private placement to raise up to $250,000 for exploration expenses and working capital. This move is expected to support the company’s ongoing projects in Mexico. Additionally, Colibri received final acceptance from the TSX Venture Exchange for a previous private placement, correcting earlier disclosure errors and highlighting the company’s efforts in securing investment and maintaining transparency.
More about Colibri Resource
Colibri Resource Corporation is a company involved in the exploration of precious metals, focusing on projects in Mexico such as the Pilar Gold Project and the EP Gold Project.
YTD Price Performance: 25.00%
Average Trading Volume: 124,626
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.6M
See more data about CBI stock on TipRanks’ Stock Analysis page.