DIEPPE, NB, March 20, 2018 /CNW/ - – Colibri Resource Corp. is pleased to announce that that Phase 1 drilling of its 2018 drilling program has begun on its 100% owned Pilar Project in Sonora State Mexico. The Phase 1 drilling program, which calls for up to 30 holes to be drilled, is designed to confirm modelling and extend the known mineralization of the Main Zone to the north-west and south-east along trend. Drilling [...]
DIEPPE, NB, March 16, 2018 /CNW/ - – Colibri Resource Corp. is very pleased to announce that it has closed an over-subscribed second tranche on its previously announced financing . The Company has issued an additional 1,350,000 units at $0.10 per unit for gross proceeds of $135,000. Total gross proceeds raised between the first and second tranches is $1,212,098. The units consist of 1 common share and 1 common share [...]
DIEPPE, NB, March 9, 2018 /CNW/ - – Colibri Resource Corp. announces that it has been granted an extension from the TSX Venture Exchange to close its over-subscribed $1,200,000 non-brokered private placement. A first tranche raising gross proceeds of $1,077,098 has already closed . The second and final tranche is now required to be closed on or before March 21, 2018. For more information about all of our projects please [...]
DIEPPE, NB, March 5, 2018 /CNW/ - – Colibri Resource Corp. is very pleased to announce that, as a result of strong investor interest, it has closed on an over-subscribed first tranche on its previously announced $1,000,000 financing . The Company has issued 10,770,980 units at $0.10 per unit for gross proceeds of $1,077,098, and intends to close a second tranche in due course. Total gross proceeds to be raised between the [...]
DIEPPE, NB, Feb. 7, 2018 /CNW/ - – Colibri Resource Corp. wishes to announce that, subject to regulatory consent, it intends to proceed with a non-brokered private placement of up to 10,000,000 units at $0.10 per unit for proceeds of up to CAD $1 million. The units will consist of 1 common share and 1 full common share purchase warrant. Each warrant entitles the investor to acquire one additional common share at $0.15 for [...]
DIEPPE, NB, Jan. 4, 2018 /CNW/ - Colibri Resource Corp. wishes to provide an update of its Corporate Development plans for the first quarter of 2018. Pilar Gold Project – Advanced Gold Exploration Project The Company has finalized its plans for a two-phase drilling program on the "Main Zone" at its 100% owned advanced exploration Pilar Gold Project in the Sonora State of Mexico. To date, Colibri has defined an in-house [...]
DIEPPE, NB, Dec. 11, 2017 /CNW/ - Colibri Resource Corp. is pleased to announce drill results for the Pitaya project, Sonora, Mexico as received from joint venture partner, Agnico Eagle Mines Ltd. . Pitaya is a joint venture project with Agnico Eagle and is immediately adjacent to and on strike from Fresnillo's Tajitos discovery, in which greater than 328,000 ounces of gold have been announced. Agnico Eagle is the [...]
DIEPPE, NB, Nov. 14, 2017 /CNW/ - Colibri Resource Corp. is pleased to announce that it has created and confirmed a model to delineate drill targets on the Pilar property. Colibri hired international consultant and geologist PJ Lafleur to work with Hector Mendivil, a 3D software specialist in Hermosillo. Under Colibri's country manager and geologist, Jackie E. Stephens, a model was created pertaining to the existing 2 [...]
Colibri Resource Corp. is pleased to announce that it has retained FronTier Consulting Ltd. , part of the FronTier Merchant Capital Group, to provide investor relations and marketing services to the Company in compliance with regulatory guidelines. FronTier is an investor relations company based in Toronto, Canada. FronTier will assist the Company by increasing its market awareness using a number of financial market [...]
Colibri Resource is pleased to announce the release of a report by Dr. Jonathan Nourse, Professor and Chair of the Geological Sciences Department at the California State Polytechnic University in Pomona. Dr. Nourse's report summarizes results of his reconnaissance including geological mapping, rock chip sampling and structural investigations conducted on the 506 hectare Evelyn property. Dr. Nourse walked approximately [...]
Colibri Resource announces that, subject to regulatory consent, it has agreed to issue 66,666 common shares at a deemed price of $0.15 per common share to settle an outstanding indebtedness of $10,000 due to Ed Stringer, a director of the Company, in connection with services rendered as an officer of the Company during the period January 2017 to June 2017. Due to its size, the transaction is exempt from the formal [...]
DIEPPE, N.B., Sept. 7, 2017 /CNW/ - (CBI: TSX-V) – Colibri Resource Corp. ("Colibri" or the "Company") is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement (see the Company's news release dated August 29, 2017). The Company has issued 4,265,000 units at a price of $0.15 per Unit for gross proceeds of $639,750.00. Each unit consists of one common share and [...]