Day: March 16, 2018

Colibri Resource Corporation is very pleased to announce that it has closed an over-subscribed second tranche on its previously announced financing. The Company has issued an additional 1,350,000 units at $0.10 per unit for gross proceeds of $135,000. Total gross proceeds raised between the first and second tranches is $1,212,098. The funds raised from this equity issuance will be used for Phase 1 of an infill and exploration drilling program at the Company’s Pilar Project in Sonora State, Mexico as well as for general working capital.

Geologix Explorations Inc. announces that it has granted incentive stock options to its employees, directors, officers and consultants to acquire an aggregate of 100,000 common shares until March 16, 2020 and 4,850,000 common shares until March 16, 2023, all at an exercise price of $0.05 per share.