Colibri Resource Extends Private Placement Closing Due to Investor Interest

An announcement from Colibri Resource ( (TSE:CBI) ) is now available.

Colibri Resource Corporation has announced an extension for the closing date of its non-brokered private placement due to increased investor interest. The offering, which aims to raise up to $250,000 through the sale of 10,000,000 units, will now close on or before March 28, 2025. This extension allows for additional investor participation, reflecting heightened interest in the company’s projects. The offering’s terms remain unchanged, and insider participation is expected to be exempt from certain regulatory requirements.

More about Colibri Resource

Colibri Resource Corporation is a Canadian-based mineral exploration company listed on the TSX-V (CBI), focusing on acquiring, exploring, and developing gold and silver properties in Mexico. The company holds four high potential precious metal projects, including the EP Gold Project in the Caborca Gold Belt, the Pilar Gold & Silver Project, and interests in the Sierra Madre region.

YTD Price Performance: 25.00%

Average Trading Volume: 131,177

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$2.74M

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