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Thursday, March 24, 2016
COLIBRI ANNOUNCES EXTENSION TO ITS FINANCING
VANCOUVER, March 24, 2016 /CNW/ - Colibri Resource Corporation ('Colibri') is pleased to announce that it has obtained an extension to close its non-brokered private placement financing to raise gross proceeds of up to $80,000 (the 'Financing'). Final materials will then be due on or before April 25, 2016. No further extensions will be possible.
The Financing will consist of up to 1,600,000 units of the Company (each, a 'Unit') at a price of $0.05per Unit. Each Unit will consist of one common share and a whole non-transferable warrant (each, a 'Warrant'). Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.075 per share for a period of 12 months following the closing date and at a price of $0.085 per share for a period of 12 months after the first 12 months.
The net proceeds from the Financing will be used for general working capital purposes.
All securities issued in connection with this Financing will be subject to a four-month hold period in accordance with securities regulation.
For Further Information Please Contact:
Edward Stringer, Director, President and Chief Executive Officer
Tel: (506) -383-4274
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Colibri Resources Corp.
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EXPLORATEUR |
CODE : CBI.V |
ISIN : CA1941681001 |
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Colibri Res. est une société d’exploration minière d'argent et d'or basée au Canada. Colibri Res. détient divers projets d'exploration au Mexique. Ses principaux projets en exploration sont COLIBRI PROPERTY et LEON PROPERTY au Mexique. Colibri Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 644 600 CA$ (471 802 US$, 440 947 €). La valeur de son action a atteint son plus haut niveau récent le 25 mars 2011 à 5,40 CA$, et son plus bas niveau récent le 25 septembre 2015 à 0,02 CA$. Colibri Res. possède 11 720 000 actions en circulation. |