Colibri Provides Summary of Over-Subscribed Non-Brokered Private Placement

Core Viewpoint - Colibri Resource Corporation has successfully completed an over-subscribed non-brokered private placement, raising a total of C$1,491,702 to fund exploration projects in Mexico and for general working capital [1][3][6]. Summary by Sections Offering Details - The Offering consisted of units, each comprising one common share and one common share purchase warrant, with warrants priced at C$0.25 for a period of 24 months [2]. - The Offering was completed in two tranches: the first tranche closed on October 31, 2025, issuing 9,004,816 units for gross proceeds of C$1,350,722, and the second tranche closed on November 5, 2025, issuing 939,867 units for gross proceeds of C$140,980 [3]. Financial Aspects - The total gross proceeds from both tranches amounted to C$1,491,702 [3]. - The Company agreed to pay finder's fees totaling C$71,504 and issue 476,693 non-transferable finder's warrants, also priced at C$0.25 for a period of 24 months [4]. Management Participation - Ian McGavney, the director and CEO, purchased 269,000 units for C$40,350, which is classified as a related party transaction but is exempt from formal valuation and minority shareholder approval due to its size relative to the Company's market capitalization [5]. Use of Proceeds - Net proceeds from the Offering will be allocated to exploration at Colibri's flagship gold projects in Mexico, specifically the Pilar and EP projects, as well as for general working capital [6]. Company Overview - Colibri Resource Corporation is a Canadian junior mining company focused on the acquisition, exploration, and development of precious metal properties in Sonora, Mexico, holding a 100% interest in the EP Gold Project and a 49% joint venture interest in the Pilar Gold & Silver Project [7].