Colibri Provides Summary of Over-Subscribed Non-Brokered Private Placement
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 Resource Corporation (CRUCF) ha completato una collocazione privata non brokerata sovra-sottoscritta di 9.944.683 Unità per proventi lordi di C$1.491.702 in due tranche (31 ottobre e 5 novembre 2025). Ogni Unità comprende una azione ordinaria e un warrant esercitabile a C$0,25 per 24 mesi. L'azienda si è impegnata a pagare C$71.504 in commissioni di intermediazione e emettere 476.693 warrant non trasferibili di intermediazione a C$0,25 per 24 mesi. Il CEO Ian McGavney ha acquistato 269.000 Unità per C$40.350; tale partecipazione di parte correlata è stata segnalata come esente dall'approvazione formale MI 61-101. I titoli sono soggetti a un periodo di lock-up di quattro mesi e un giorno e l'offerta resta soggetta all'accettazione finale del TSXV. Il ricavato netto finanzierà l'esplorazione a Pilar e EP in Messico e per il capitale circolante.
Colibri Resource Corporation (CRUCF) completó una colocación privada no-brokered sobredited por 9,944,683 Unidades para ingresos brutos de C$1,491,702 en dos tramos (31 de oct y 5 de nov de 2025). Cada Unidad comprende una acción común y una warrant ejercitable a C$0.25 por 24 meses. La compañía acordó pagar C$71,504 en comisiones de búsqueda y emitir 476,693 warrants de búsqueda no transferibles a C$0.25 por 24 meses. El CEO Ian McGavney compró 269,000 Unidades por C$40,350; esa participación de parte relacionada fue registrada como exenta de la aprobación formal MI 61-101. Los valores están sujetos a un periodo de bloqueo de cuatro meses y un día y la oferta queda sujeta a la aceptación final de TSXV. Las ganancias netas financiarán la exploración en Pilar y EP en México y para capital de trabajo.
Colibri Resource Corporation (CRUCF) 은 과다 신청된 비브로커(private) 배정 공모를 완료했습니다. 총 9,944,683 유닛을 C$1,491,702의 총수익으로 두 차례(2025년 10월 31일 및 11월 5일)에 걸쳐 발행했습니다. 각 유닛은 보통주 1주와 24개월간 행사 가능한 워런트 1개로 구성됩니다. 행사 가격은 C$0.25입니다. 회사는 중개인 수수료로 C$71,504를 지불하기로 합의했고 24개월간 행사 가능한 비양도 가능한 중개인 워런트 476,693건을 C$0.25로 발행했습니다. CEO Ian McGavney가 269,000 유닛을 C$40,350에 매입했습니다; 해당 관련자 참여는 MI 61-101 형식 승인의 면제로 간주되었습니다. 주식은 4개월 1일의 보유 기간의 적용을 받으며 공모는 TSXV의 최종 승인을 받을 것으로 남아 있습니다. 순수익은 멕시코의 피랄(Pilar) 및 EP의 탐사와 운영자금으로 사용될 예정입니다.
Colibri Resource Corporation (CRUCF) a mené une placement privé non-broked sursouscrit de 9,944,683 unités pour un produit brut de C$1,491,702 en deux tranches (31 octobre et 5 novembre 2025). Chaque unité comprend une action ordinaire et un warrant exerçable à C$0,25 pendant 24 mois. La société a accepté de payer C$71,504 de frais de recherche et d’émettre 476,693 warrants de recherche non transférables à C$0,25 pendant 24 mois. Le PDG Ian McGavney a acheté 269,000 unités pour C$40,350; cette participation d'une partie liée a été déclarée comme exonérée de l'approbation formelle MI 61-101. Les titres sont soumis à une période de blocage de quatre mois et un jour et l'offre reste soumise à l'acceptation finale par le TSXV. Le produit net financera l'exploration à Pilar et EP au Mexique et pour le fonds de roulement.
Colibri Resource Corporation (CRUCF) hat eine überzeichnete, nicht brokergebundene Privatplatzierung von 9.944.683 Einheiten zu Bruttoerlösen von C$1.491.702 in zwei Tranchen (31. Oktober und 5. November 2025) abgeschlossen. Jede Einheit besteht aus einer Stammaktie und einem warrant, der innerhalb von 24 Monaten zu C$0,25 ausgeübt werden kann. Das Unternehmen vereinbarte, C$71.504 als Findergebühren zu zahlen und 476.693 nicht übertragbare Finder-Warrants zu C$0,25 für 24 Monate auszugeben. Der CEO Ian McGavney kaufte 269.000 Einheiten für C$40.350; diese Beteiligung einer verwandten Partei wurde als von MI 61-101 formeller Genehmigung befreit gemeldet. Wertpapiere unterliegen einer Haltedauer von vier Monaten und einem Tag, und das Angebot bleibt vorbehaltlich der endgültigen Genehmigung durch die TSXV. Der Nettogewinn wird die Exploration bei Pilar und EP in Mexiko sowie das Working Capital finanzieren.
Colibri Resource Corporation (CRUCF) أكملت طرحاً خاصاً غير وسيط مكتوب بشكل زائد عن الطلبات لــ 9,944,683 وحدة مقابل عائدات إجمالية قدرها C$1,491,702 على دفعتين (31 أكتوبر و5 نوفمبر 2025). كل وحدة تتكون من سهم عادي واحد ومرفقة بسند خيار قابل للممارسة بسعر C$0.25 لمدة 24 شهراً. وافقت الشركة على دفع C$71,504 كرسوم وسيط وتصدر 476,693 من سندات خيار غير قابلة للتحويل لمدة 24 شهراً بسعر C$0.25. اشترى الرئيس التنفيذي إيان مكجافني 269,000 وحدة مقابل C$40,350؛ واعتُبرت مشاركة الطرف ذي العلاقة معفاة من موافقة MI 61-101 الرسمية. تخضع الأوراق المالية لفترة حجز قدرها أربعة أشهر ويوم واحد، ولا يزال العرض خاضعاً للموافقة النهائية من TSXV. ستُستخدم العائدات الصافية لتمويل الاستكشاف في Pilar وEP بالمكسيك ولمدى رأس المال العامل.
- Gross proceeds of C$1,491,702 raised
- Over-subscribed placement indicating investor demand
- Proceeds earmarked for exploration at Pilar and EP
- Issued 9,944,683 Units plus warrants, creating dilution risk
- Finder's fees and warrants cost C$71,504 and 476,693 warrants
- Offering subject to final TSXV acceptance and regulatory hold period
Dieppe, New Brunswick--(Newsfile Corp. - November 14, 2025) - Further to its news release of November 7, 2025, Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") wishes to provide a full summary of its recently completed over-subscribed non-brokered private placement (the "Offering") of units (the "Units").
Each Unit is comprised of one (1) common share (a "Common Share") and one (1) common share purchase warrant ("Warrants") of the Company. Each Warrant entitles the holder to acquire one additional Common Share of the Company at a price of C
The Company closed two tranches of the Offering: (a) a first tranche which closed on October 31, 2025 with the Company issuing 9,004,816 Units for gross proceeds of
In connection with the Offering, the Company has agreed to pay finder's fees totalling
Mr. Ian McGavney, director and CEO of the Company, purchased 269,000 Units at a cost of
The Common Shares, Warrants and Finder's Warrants are subject to a statutory hold period expiring on the date that is four months and one day upon issuance. The Offering is subject to final TSX Venture Exchange acceptance.
Net proceeds will be used to fund the exploration at Colibri's flagship Mexican gold projects, including Pilar and EP, and for general working capital.
ABOUT COLIBRI RESOURCE CORPORATION:
Colibri Resource Corporation (TSXV: CBI) is a Canadian junior mining company engaged in the acquisition, exploration, and development of precious metal properties in Sonora, Mexico. The Company holds a
For more information about all Company projects please visit: www.colibriresource.com.
For further information contact: Ian McGavney, President, CEO and Director, Tel: (506) 383-4274, ianmcgavney@colibriresource.com.
Neither 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 release.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274633
FAQ
What did Colibri (CRUCF) raise in its November 2025 private placement?
What is included in each Unit from Colibri's CRUCF offering?
How will Colibri (CRUCF) use the net proceeds from the private placement?
Did Colibri's CEO participate in the private placement for CRUCF?
Are there any restrictions on resale for Colibri (CRUCF) securities from the offering?
Is Colibri's private placement final and fully effective for CRUCF?
