Day: January 17, 2025

Colibri Announces New Non-Brokered Private Placement; TSXV Final Acceptance on Prior Placement and Disclosure Correction

Colibri Resource Corp (TSXV: CBI) announced a non-brokered private placement of up to 10M units at $0.025 each for $250K proceeds. Each unit: one share + one warrant ($0.05 exercise, 24 months). Funds for exploration at Pilar and EP Gold Projects in Mexico and working capital. Also received TSXV final acceptance on prior placement (corrected to 6.11M units, $305.5K) and disclosure fix.

Riverside Resources Corporate Outlook and Milestones for 2025

Riverside Resources outlined its 2025 corporate outlook: it has a strong balance sheet (≈ C$4M cash, no debt), aims to advance exploration in Canada and Mexico, spin out Ontario gold assets into a new company, push follow-up work at Cecilia with partner Fortuna Mining, expand BC gold/REE targets, pursue JV/sale deals, and grow its royalty and broader asset base.

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