Colibri Clarifies Structure of Its Offerings

Core Points - Colibri Resource Corporation is conducting multiple securities offerings, including a non-brokered private placement and a debt conversion, while clarifying previous disclosures [1][5] - The company is focused on mineral exploration, particularly gold and silver properties in Mexico, holding several high-potential projects [3] Offering Details - The Unit Offering consists of up to 8,333,333 units priced at $0.15 each, aiming for gross proceeds of up to $1,250,000, with each unit including one common share and one warrant [5] - A debt conversion will exchange approximately $520,000 for up to 3,466,667 units, with no insider participation [5] - The Debenture Offering targets gross proceeds of up to US$250,000, consisting of convertible debentures and warrants, with a fixed conversion price of C$0.25 per common share [5] Company Overview - Colibri Resource Corporation is a Canadian mineral exploration company listed on the TSX Venture Exchange, focusing on acquiring and developing gold and silver properties in Mexico [3] - The company holds 100% ownership of the EP Gold Project, a 49% interest in the Pilar Gold & Silver Project, and a 60% interest in the Diamante Gold & Silver Project [3]