Colibri Announces Closing of Second Tranche of Its Over-subscribed Non-Brokered Offering

Core Points - Colibri Resource Corporation has successfully closed the second tranche of its non-brokered private placement, raising gross proceeds of $140,980 [1][2] - The total gross proceeds from both tranches amount to $1,491,702, with funds allocated for exploration at its Mexican gold projects and general working capital [3] Offering Details - In Tranche 2, Colibri issued 939,867 units at a price of $0.15 per unit, each unit consisting of one common share and one warrant [2] - Each warrant allows the holder to purchase an additional common share at C$0.25 for a period of 24 months [2] - No finder's fees or commissions were paid for Tranche 2 [2] Company Overview - Colibri Resource Corporation is a Canadian mineral exploration company focused on gold and silver properties in Mexico [5] - The company holds four significant projects, including 100% ownership of the EP Gold Project and a 49% stake in the Pilar Gold & Silver Project [5] - Colibri aims to advance its portfolio through systematic exploration in one of Mexico's most prolific mining regions [5]