Colibri Resource Stock Price, News & Analysis

Colibri Resource (CRUCF) has commenced a new phase of exploration at its flagship EP Gold Project in the Caborca Gold Belt, Sonora, Mexico on December 8, 2025. A reverse circulation (RC) drill rig is on site, crews are mobilized, and initial holes are being drilled across the project's 4,766-hectare land package.

The project is described as strategically located within and adjacent to concession holdings of Fresnillo, highlighting the district-scale setting and favourable geology for gold exploration. An on-site image of the RC rig is available via the company image link.

Colibri Resource Corporation (CRUCF) completed an over-subscribed non-brokered private placement of 9,944,683 Units for gross proceeds of C$1,491,702 in two tranches (Oct 31 and Nov 5, 2025). Each Unit comprises one common share and one warrant exercisable at C$0.25 for 24 months. The company agreed to pay C$71,504 in finder's fees and issue 476,693 non-transferable finder's warrants at C$0.25 for 24 months. CEO Ian McGavney purchased 269,000 Units for C$40,350; that related party participation was noted as exempt from MI 61-101 formal approval. Securities are subject to a four-month-and-one-day hold period and the Offering remains subject to final TSXV acceptance. Net proceeds will fund exploration at Pilar and EP in Mexico and for working capital.

Colibri (OTC:CRUCF) closed Tranche 2 of an over‑subscribed non‑brokered private placement on November 7, 2025, raising $140,980 by issuing 939,867 units at C$0.15 per unit. Each unit includes one common share and one warrant exercisable at C$0.25 for 24 months.

Combined with Tranche 1 closed October 31, 2025, the company raised total gross proceeds of $1,491,702. Net proceeds are earmarked for exploration at Colibri’s Mexican gold projects, including Pilar and EP, and for general working capital. Securities are subject to a statutory hold period of four months and one day and the Offering is subject to final TSX Venture Exchange acceptance.

Colibri (CRUCF) closed a first tranche of a non-brokered private placement on November 3, 2025, raising $1,350,722 by issuing 9,004,816 units at $0.15 each. Each unit includes one common share and one warrant exercisable at $0.25 for 24 months. The company agreed to pay $71,504 in finder's fees and issue 476,693 finder’s warrants. The closing is subject to final TSXV acceptance and securities are subject to a four-month-plus-one-day hold period.

Net proceeds will fund exploration at Pilar and EP in Mexico. Colibri engaged CANMEX to drill the EP Gold Project, focusing on San Perfecto and Banco de Oro targets.

Colibri Resource Corporation (TSXV: CBI; symbol CRUCF) increased its fully subscribed unit offering from 8,333,333 units to 10,000,000 units at $0.15 per unit for gross proceeds of approximately $1,500,000. Each Unit comprises one common share and one warrant exercisable at C$0.25 for 24 months. The company will close the offering in two tranches: the first expected by the end of October 2025 and the second by mid-November 2025.

Insiders may participate; such participation is expected to be exempt from formal valuation and minority approval requirements under MI 61-101. Securities issued will be subject to a statutory four-month-and-one-day hold period and the offering is subject to TSX Venture Exchange approval.

Colibri (TSXV: CRUCF) clarified the structure of three concurrent offerings announced October 6 and 16, 2025: a Unit Offering of up to 8,333,333 units at C$0.15 for gross proceeds up to C$1,250,000; a debt conversion of approximately C$520,000 into up to 3,466,667 units on the same unit terms; and a Debenture Offering of up to 250 debenture units for US$250,000.

Debentures: US$1,000 principal, 10% interest, 2-year maturity, convertible at C$0.25 per share using a fixed FX rate of C$1.30/US$1. Unit and debenture warrants: exercise C$0.25 for 24 months. Securities subject to a statutory four-month-and-one-day hold.

Colibri (CRUCF) increased its non-brokered equity unit offering from 8,666,666 units to 11,500,000 units at $0.15 per unit, with each unit comprising one share and one warrant exercisable at $0.25 for 24 months. The increase reflects strong investor demand from new subscribers and former debenture holders.

The company narrowed its drilling-contractor selection to two firms for the fully permitted, drill-ready EP Gold Project and expects to finalize an agreement this week. Based on closing the equity offering, the upcoming drill program is expected to be fully financed.

The company noted possible insider participation constituting a related-party transaction under MI 61-101 but expects an exemption from formal valuation and minority approval. Securities will be subject to a four-month-and-one-day hold and TSXV acceptance is required for closing.

Colibri (OTC:CRUCF) announced two non‑brokered private placements totaling up to C$1.625M / US$1.625M to fund exploration at its Mexican gold projects Pilar and EP and for working capital. The Equity Offering: up to 8,666,666 units at C$0.15 (each unit = 1 common share + 1 warrant exercisable at C$0.25 for 24 months) for gross proceeds up to C$1.3M. The Debenture Offering: up to 250 convertible debenture units at US$1,000 each for gross proceeds up to US$250,000; debentures bear 10% interest, mature in two years, convertible at C$0.25/share with a fixed FX rate of C$1.30/US$1. Approximately C$300,000 of proceeds are expected from former debenture holders and do not represent new money. Closings are subject to TSXV acceptance and standard hold periods.

Colibri Resource Corporation (TSXV: CBI) has partnered with TerraEye to implement an advanced targeting program at its EP Gold Project in Sonora, Mexico. The collaboration will leverage TerraEye's satellite remote sensing and AI-driven exploration solutions to identify high-potential gold targets.

The program combines multispectral and hyperspectral satellite imagery with AI anomaly detection to analyze geological and geochemical indicators of mineralization. TerraEye will deliver a prioritized target portfolio, analytical reports, GIS-ready data package, and platform access. Currently, Colibri has identified 10 high-priority targets, with only three drill-tested, and expects this program to expand their exploration pipeline.