Colibri Announces Closing of Second and Final Tranche of Non-Brokered Private Placement
Colibri Resource (TSXV: CBI) has successfully closed the second and final tranche of its non-brokered private placement, raising $146,500. Combined with the first tranche from February 11, 2025, the total proceeds amount to $286,900.
The offering consisted of units comprising one common share and one warrant, with each warrant allowing purchase of an additional common share at C$0.05 for 24 months. In total, 11,476,000 common shares and warrants were issued. The company paid $2,000 in finder's fees and issued 80,000 finder's warrants.
Proceeds allocation:
- 20% for exploration at Mexican precious metals projects
- 65% for creditors and loan interest payments
- 15% for non-arm's length party expense reimbursements
Colibri Resource (TSXV: CBI) ha concluso con successo la seconda e ultima tranche della sua offerta privata non intermedia, raccogliendo $146,500. Combinato con la prima tranche del 11 febbraio 2025, il totale dei proventi ammonta a $286,900.
L'offerta consisteva in unità composte da un'azione comune e un warrant, con ogni warrant che consente l'acquisto di un'ulteriore azione comune a C$0.05 per 24 mesi. In totale, sono state emesse 11,476,000 azioni comuni e warrant. L'azienda ha pagato $2,000 come commissioni per il finder e ha emesso 80,000 warrant per il finder.
Allocazione dei proventi:
- 20% per l'esplorazione di progetti di metalli preziosi in Messico
- 65% per il pagamento dei creditori e degli interessi sui prestiti
- 15% per il rimborso delle spese a parti correlate
Colibri Resource (TSXV: CBI) ha cerrado con éxito la segunda y última tranche de su colocación privada no intermediada, recaudando $146,500. Combinado con la primera tranche del 11 de febrero de 2025, el total de ingresos asciende a $286,900.
La oferta consistió en unidades que comprenden una acción común y un warrant, con cada warrant permitiendo la compra de una acción común adicional a C$0.05 durante 24 meses. En total, se emitieron 11,476,000 acciones comunes y warrants. La empresa pagó $2,000 en comisiones a intermediarios y emitió 80,000 warrants para intermediarios.
Asignación de ingresos:
- 20% para la exploración de proyectos de metales preciosos en México
- 65% para pagos a acreedores e intereses de préstamos
- 15% para reembolsos de gastos a partes relacionadas
Colibri Resource (TSXV: CBI)는 중개인 없는 사모 배치의 두 번째이자 마지막 트랜치를 성공적으로 마감하여 $146,500을 모금했습니다. 2025년 2월 11일의 첫 번째 트랜치와 결합하여 총 수익은 $286,900에 달합니다.
이 제안은 하나의 보통주와 하나의 워런트로 구성된 유닛으로, 각 워런트는 추가 보통주를 C$0.05에 24개월 동안 구매할 수 있게 해줍니다. 총 11,476,000개의 보통주와 워런트가 발행되었습니다. 회사는 중개인 수수료로 $2,000을 지급하고 80,000개의 중개인 워런트를 발행했습니다.
수익 할당:
- 20%는 멕시코의 귀금속 프로젝트 탐사에 사용
- 65%는 채권자 및 대출 이자 지급
- 15%는 관련 당사자 비용 환급
Colibri Resource (TSXV: CBI) a réussi à clôturer la deuxième et dernière tranche de son placement privé non intermédié, levant $146,500. Combiné avec la première tranche du 11 février 2025, le produit total s'élève à $286,900.
L'offre consistait en des unités comprenant une action ordinaire et un bon de souscription, chaque bon permettant l'achat d'une action ordinaire supplémentaire à C$0.05 pendant 24 mois. Au total, 11,476,000 actions ordinaires et bons de souscription ont été émis. La société a payé $2,000 en frais de recherche et a émis 80,000 bons de souscription pour les chercheurs.
Utilisation des produits :
- 20% pour l'exploration de projets de métaux précieux au Mexique
- 65% pour le paiement des créanciers et des intérêts sur les prêts
- 15% pour le remboursement des dépenses aux parties liées
Colibri Resource (TSXV: CBI) hat erfolgreich die zweite und letzte Tranche seiner nicht vermittelten Privatplatzierung abgeschlossen und $146,500 gesammelt. Zusammen mit der ersten Tranche vom 11. Februar 2025 beläuft sich der Gesamterlös auf $286,900.
Das Angebot bestand aus Einheiten, die eine Stammaktie und einen Warrant umfassten, wobei jeder Warrant den Kauf einer zusätzlichen Stammaktie zu C$0.05 für 24 Monate ermöglicht. Insgesamt wurden 11,476,000 Stammaktien und Warrants ausgegeben. Das Unternehmen zahlte $2,000 an Findergebühren und gab 80,000 Finderwarrants aus.
Erlösverwendung:
- 20% für Explorationen bei mexikanischen Edelmetallprojekten
- 65% für Zahlungen an Gläubiger und Zinsen auf Kredite
- 15% für Erstattungen von Ausgaben an nahestehende Parteien
- Successful completion of private placement raising $286,900 in total proceeds
- 20% of proceeds allocated to exploration of precious metals projects in Mexico
- Strong insider participation with $82,475 investment showing management confidence
- High portion (65%) of proceeds going to debt and interest payments rather than growth
- Potential dilution from issuance of 11,476,000 new shares and warrants
- Low warrant exercise price of $0.05 indicates potential future dilution
Dieppe, New Brunswick--(Newsfile Corp. - March 26, 2025) - Colibri Resource Corporation (TSXV: CBI) (Colibri or the Company) is pleased to announce that it has closed a second and final tranche of its non-brokered private placement of units (the "Offering") for gross proceeds of
Each unit (a "Unit") consists of one (1) common share (a "Common Share") and one (1) common share purchase warrant ("Warrants") of the Company. Each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of C
Pursuant to the second tranche, the Company has issued 5,860,000 Common Shares and 5,860,000 Warrants for aggregate gross proceeds of
In connection with the second tranche, the Company paid an eligible arm's length party (the "Finder") a cash fee in the amount of
All securities issued in connection with the Offering (including any Common Shares issuable upon the exercise of any warrants) are subject to a statutory hold period expiring on the date that is four months and one day after closing of the respective tranches. Closing of the Offering is subject to customary closing conditions, including, but not limited to, the receipt of all necessary approvals including the acceptance of the TSX Venture Exchange.
Proceeds from the Offering are expected to be applied as follows: approximately
The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
Three insiders, two officers and a director of the Company, participated in the Offering for an aggregate amount of
ABOUT COLIBRI RESOURCE CORPORATION:
Colibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on acquiring, exploring, and developing prospective gold & silver properties in Mexico. The Company holds four high potential precious metal projects: 1)
For more information about all Company projects please visit: www.colibriresource.com.
For further information contact: Ian McGavney, President, CEO and Director, Tel: (506) 383-4274, ianmcgavney@colibriresource.com.
Neither 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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246194
FAQ
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