Colibri Resource Stock Price, News & Analysis

Colibri Resource Corporation (TSXV: CBI) announced a revised private placement of up to 115 convertible debenture units for gross proceeds of up to US$115,000 on February 2, 2026.

Each unit includes a US$1,000 10% unsecured convertible debenture (2-year maturity) and 5,200 warrants exercisable at C$0.25 for 24 months. Debenture conversion uses a fixed FX rate of C$1.30 per US$1. Interest is cash-only, payable quarterly. The offering is expected to be subscribed by former debenture holders (not new money), is subject to TSXV consent, and securities carry a statutory four-month-and-one-day hold period.

Colibri Resource Corporation (TSXV: CBI) completed a $600,995 debt conversion into equity on January 29, 2026. The company issued 3,848,300 Units: 3,373,300 at a deemed $0.15 per Unit to debenture holders and 475,000 at $0.20 per Unit to trade creditors.

Each Unit includes one common share and one warrant; warrants are exercisable for 24 months at C$0.25 (debenture holders) or C$0.30 (trade creditors). The converted amount includes $505,995 of matured debentures and $95,000 to trade creditors. Securities are subject to a four-month-and-one-day hold and final TSX Venture Exchange acceptance.

Colibri Resource (CRUCF) completed Phase 1 reconnaissance reverse circulation drilling at the El Plomo (EP) Gold Project, Sonora, Mexico, with 22 RC holes totaling ~1,815 metres across San Perfecto and Banco de Oro targets.

Initial assays from pre-holiday holes show shallow gold mineralization in multiple holes; follow-up "shoulder" sampling and assays for post-holiday holes are pending.

Colibri Resource (CRUCF) resumed reverse circulation (RC) drilling in the Plomo area of its 100%‑owned EP Gold Project in Sonora, Mexico, continuing a first‑pass, systematic exploration program.

Prior to year‑end the company completed 11 RC holes totalling ~906 metres at San Perfecto and Banco de Oro; samples were submitted for assay in December and assays are expected to begin arriving in early February, subject to lab turnaround. Colibri plans an additional 6–10 RC holes to expand testing across priority targets in Plomo.

Colibri Resource (OTC:CRUCF) provided a drilling update from its 100%-owned EP Gold Project in the Caborca Gold Belt, Sonora, Mexico on December 17, 2025.

The company has completed 11 RC drill holes totaling ~906 metres at the San Perfecto and Banco de Oro targets and is continuing systematic drilling. Samples are being prepared for an independent lab and initial assays are expected in January, subject to turnaround times. The release highlights the project's location near multiple major operations in Sonora and notes distances to nearby Fresnillo-controlled deposits for regional context.

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.