Colibri Resource Stock Price, News & Analysis

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.

Colibri Resource Corporation (OTC:CRUCF) has outlined its growth strategy focused on two key Mexican gold projects. The company's 100%-owned EP Gold Project spans 4,766 hectares in the Caborca Gold Belt, strategically located within 25km of Fresnillo Plc's major operations. EP Gold features extensive exploration work, including 12,000+ meters of drilling and 2,500 surface samples, with only 3 of 10 high-priority targets tested.

Additionally, Colibri holds a 49% interest in the Pilar Gold-Silver Project, operated by Tocvan Ventures. Pilar has undergone extensive development with over 24,000 meters of drilling and recently secured permits for a 50,000-tonne pilot mine facility. A 2023 bulk sample demonstrated 1.9 g/t Au average grade with potential gold recovery of 95-99% under agitated leach conditions.

Colibri Resource Corporation (TSXV: CBI) announces that its joint venture partner, Tocvan Ventures Corp., has received approval for a 50,000-tonne pilot mine facility in Sonora, Mexico. The facility is strategically located near the Pilar Gold & Silver Project, which is 49% owned by Colibri and 51% by Tocvan.

The Pilar project has demonstrated promising results, with a 1,400-tonne bulk sample in 2023 yielding 1.9 g/t Au average head grade and 62% gold recovery using heap leach methods. Recent drilling highlights include intercepts of 83.5m at 1.3 g/t Au and 116.9m at 1.2 g/t Au. Metallurgical studies have shown excellent recovery rates of 95-99% for gold and 73-97% for silver using gravity recovery with agitated leach.

Colibri Resource Corporation (OTC:CRUCF) announced a significant change in its Board of Directors. Jamie Lavigne, P. Geo, has resigned from his position as Director, effective immediately. The company has appointed Mark Smethurst, P. Geo as his replacement.

Smethurst brings over 25 years of mining industry experience and currently serves as Director, Technical Manager, and Geology Consultant at Canadian Gold Resources Ltd. His extensive background includes leadership roles at Newpath Resources, Tocvan Ventures, and Rockcliff Resources. Smethurst holds a B.Sc. in Geology from the University of Toronto, an M.Sc. in Geophysics & Geology from the University of Windsor, and is a CFA-Level III candidate.