Non-Brokered Private Placement Supplemental Disclosure
Colibri Resource (CBI: TSXV) has announced supplemental details for its non-brokered private placement offering announced on January 17, 2025. The company plans to issue up to 10 million units at $0.025 per unit, targeting gross proceeds of up to $250,000. Each unit includes one common share and one warrant, with warrants exercisable at $0.05 per share for 24 months.
The proceeds allocation is structured as follows: 20% for exploration at Mexican precious metals projects including Pilar Gold and EP Gold Projects, 65% for arm's length creditors and loan interest payments, and up to 15% for reimbursing non-arm's length parties. The offering is expected to close mid-February 2025, subject to TSX Venture Exchange approval, with securities subject to a four-month hold period.
Colibri Resource (CBI: TSXV) ha annunciato ulteriori dettagli per la sua offerta di collocamento privato non intermediata annunciata il 17 gennaio 2025. L'azienda prevede di emettere fino a 10 milioni di unità a $0.025 per unità, puntando a proventi lordi fino a $250.000. Ogni unità include un'azione ordinaria e un warrant, con warrant esercitabili a $0.05 per azione per 24 mesi.
La distribuzione dei proventi è strutturata come segue: 20% per l'esplorazione dei progetti minerari di metalli preziosi in Messico, inclusi i progetti Pilar Gold e EP Gold, 65% per creditori completamente estranei e pagamenti di interessi su prestiti, e fino a 15% per rimborsare parti non completamente estranee. Si prevede che l'offerta si chiuda entro metà febbraio 2025, soggetta all'approvazione della TSX Venture Exchange, con i titoli soggetti a un periodo di blocco di quattro mesi.
Colibri Resource (CBI: TSXV) ha anunciado detalles suplementarios para su oferta de colocación privada no intermediada anunciada el 17 de enero de 2025. La empresa planea emitir hasta 10 millones de unidades a $0.025 por unidad, con el objetivo de obtener ingresos brutos de hasta $250,000. Cada unidad incluye una acción común y un warrant, con warrants ejercitables a $0.05 por acción durante 24 meses.
La asignación de los ingresos se estructura de la siguiente manera: 20% para exploración en proyectos de metales preciosos en México, incluyendo los proyectos Pilar Gold y EP Gold, 65% para acreedores independientes y pagos de intereses de préstamos, y hasta 15% para reembolsar a partes relacionadas. Se espera que la oferta se cierre a mediados de febrero de 2025, sujeta a la aprobación de la TSX Venture Exchange, con valores sujetos a un período de bloqueo de cuatro meses.
콜리브리 리소스 (CBI: TSXV)는 2025년 1월 17일 발표한 비중개 사모펀드 배치에 대한 추가 세부정보를 발표했습니다. 이 회사는 단위당 $0.025로 최대 10백만 개의 유닛을 발행할 계획입니다, 총 수익이 $250,000까지 목표입니다. 각 유닛은 하나의 보통주와 하나의 모집이 포함되어 있으며, 모집은 24개월 동안 주당 $0.05에 행사 가능합니다.
수익 배분 구조는 다음과 같습니다: 20%는 멕시코의 귀금속 프로젝트(필라 골드 및 EP 골드 프로젝트 포함)의 탐사에, 65%는 제3자 채권자 및 대출 이자에, 최대 15%는 비독립 당사자에 대한 환급에 사용됩니다. 이 공모는 2025년 2월 중순에 마감될 예정이며, TSX 벤처 거래소의 승인을 받아야 하며, 증권은 4개월의 보유 기간에 따릅니다.
Colibri Resource (CBI: TSXV) a annoncé des détails supplémentaires concernant son offre de placement privé non intermédiée annoncée le 17 janvier 2025. La société prévoit d'émettre jusqu'à 10 millions d'unités à 0,025 $ par unité, visant à générer des produits bruts allant jusqu'à 250 000 $. Chaque unité comprend une action ordinaire et un bon de souscription, les bons étant exerçables à 0,05 $ par action pendant 24 mois.
La répartition des produits est structurée comme suit : 20% pour l'exploration de projets miniers de métaux précieux au Mexique, y compris les projets Pilar Gold et EP Gold, 65% pour les créanciers indépendants et les paiements d'intérêts sur les prêts, et jusqu'à 15% pour le remboursement de parties non indépendantes. On prévoit que l'offre se clôture à la mi-février 2025, sous réserve de l'approbation de la TSX Venture Exchange, avec des titres soumis à une période de blocage de quatre mois.
Colibri Resource (CBI: TSXV) hat zusätzliche Details zu seiner nicht vermittelten Privatplatzierungsangebot angekündigt, das am 17. Januar 2025 bekannt gegeben wurde. Das Unternehmen plant, bis zu 10 Millionen Einheiten zu je $0.025 auszugeben, mit dem Ziel, brutto bis zu $250.000 zu erzielen. Jede Einheit umfasst eine Stammaktie und ein Warrant, wobei die Warrants für $0.05 pro Aktie für 24 Monate ausgeübt werden können.
Die Verteilung der Erlöse ist wie folgt strukturiert: 20% für Erkundungen in mexikanischen Edelmetallprojekten, einschließlich der Projekte Pilar Gold und EP Gold, 65% für fremde Gläubiger und Zinszahlungen auf Darlehen, und bis zu 15% für die Rückzahlung an nicht fremde Parteien. Die Emission wird voraussichtlich Mitte Februar 2025 abgeschlossen, vorbehaltlich der Genehmigung durch die TSX Venture Exchange, mit Wertpapieren, die einem viermonatigen Halt unterliegen.
- Raising up to $250,000 in new capital
- 20% of proceeds allocated to exploration of gold projects
- 65% designated for debt reduction and interest payments
- Significant dilution through issuance of 10 million new units
- 15% of proceeds going to related parties rather than business development
- Share price of $0.025 indicates low market valuation
Dieppe, New Brunswick--(Newsfile Corp. - January 31, 2025) - Colibri Resource Corporation (CBI: TSXV) ("Colibri" or the "Company") wishes to provide supplemental disclosure in respect of its proposed private placement announced on January 17, 2025. As originally disclosed, the Company intends to conduct a non-brokered private placement (the "Offering") of up to 10,000,000 units (the "Units") at a price of
The following detailed use of proceeds information constitutes the supplemental disclosure: the net proceeds of the Offering are expected to be applied as follows: approximately
The Offering is anticipated to close towards the middle of February 2025 (the "Closing"). Closing may occur in one or more tranches.
Closing of the Offering is subject to the acceptance of the TSX Venture Exchange (the "Exchange"). Common Shares issuable will be subject to a statutory hold period expiring on the date that is four months and one day after Closing. The Company anticipates that it may pay certain finder's fees as per the guidelines of the Exchange.
The Offering will be conducted by the Company primarily under the "accredited investor" exemption of National Instrument 45-106 -- Prospectus and Registration Exemptions but may use other exemptions if appropriate.
For further details of the Offering, please contact Ian McGavney, President & CEO of the Company at (506) 383-4274 or ianmcgavney@colibriresource.com.
Certain insiders of the Company may acquire Units in the Offering. Any participation by insiders in the Private Placement will constitute a "related party transaction" as defined under MI 61-101. The Company expects such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, is expected to exceed
The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful.
ABOUT COLIBRI RESOURCE CORPORATION:
Colibri is a Canadian-based mineral exploration company listed on the (TSXV: 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.
Contact:
Ian McGavney, President, CEO and Director
Tel: (506) 383-4274
ianmcgavney@colibriresource.com
Forward-Looking Statements
Neither the 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 news release.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward- looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239236
FAQ
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