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Colibri Upsizes Fully Subscribed Unit Offering; Will Conduct Closing in Two Tranches
Newsfile· 2025-10-28 12:26
Core Points - Colibri Resource Corporation has increased its unit offering from 8,333,333 units to 10,000,000 units due to strong investor demand, aiming for gross proceeds of approximately $1,500,000 at a price of $0.15 per unit [1][2] - The offering will be conducted in two tranches, with the first tranche expected to close by the end of October and the second by mid-November [1] Unit Offering Details - Each unit consists of one common share and one common share purchase warrant, allowing the holder to acquire an additional common share at a price of C$0.25 for 24 months [2] - Insiders may participate in the offering, which will be considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [3] Regulatory and Compliance Information - Securities issued will be subject to a statutory hold period of four months and one day, and the company may pay finder's fees in accordance with TSX Venture Exchange policies [4] - The unit offering is subject to approval by the TSX Venture Exchange [4] Company Overview - Colibri Resource Corporation is a Canadian mineral exploration company focused on gold and silver properties in Mexico, holding four high-potential projects [5]
Century Lithium raises $2.M in first tranche of unit offering
Proactiveinvestors NA· 2025-08-01 13:18
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]