- The placement consisted of 23,482,000 units at $0.10 per unit for proceeds of C$2,348,200
- A unit consists of one common share and one full share purchase warrant
- A warrant entitles the investor to acquire one additional common share at $0.15 for two years
- Colibri is a Canadian-based mineral exploration company focused on acquiring and exploring prospective gold & silver properties in Mexico
- Colibri Resource Corporation (CBI) opened trading at $0.12 per share
Colibri Resource Corporation (CBI) has closed a non-brokered private placement of 23,482,000 units at $0.10 per unit for proceeds of C$2,348,200.
The units consist of one common share and one full share purchase warrant.
Each warrant entitles the investor to acquire one additional common share at $0.15 for two years from the closing of the private placement.
Proceeds will be used for general corporate purposes and for exploration and evaluation expenditures on the company’s properties.
Colibri is a Canadian-based mineral exploration company focused on acquiring and exploring prospective gold & silver properties in Mexico.
Colibri Resource Corporation (CBI) opened trading at $0.12 per share.