Colibri Resource ( (TSE:CBI) ) just unveiled an announcement.
Colibri Resource Corporation has successfully closed the second and final tranche of its non-brokered private placement, raising a total of $286,900. The proceeds will be used for exploration expenses at its projects in Mexico and to settle debts with creditors. The offering involved issuing common shares and warrants, with a portion of the investment coming from company insiders, highlighting confidence in the company’s future prospects.
More about Colibri Resource
Colibri Resource Corporation is a Canadian-based mineral exploration company listed on the TSX-V. It focuses on acquiring, exploring, and developing gold and silver properties in Mexico. The company holds interests in four high potential precious metal projects, including the Pilar Gold & Silver Project and the EP Gold Project in the Caborca Gold Belt.
YTD Price Performance: 50.0%
Average Trading Volume: 165,188
Technical Sentiment Signal: Buy
Current Market Cap: C$3.29M
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