DIEPPE, NB, Oct. 30, 2018 /CNW/ - (CBI: TSX-V) Colibri Resource Corporation ("Colibri") is pleased to announce that it has entered into a share purchase agreement dated October 27, 2018 with OnTop Capital Limited ("OnTop") to purchase 100% of the issued and outstanding shares of Yaque Minerales S.A. de C.V ("Yaque"), a wholly owned subsidiary of OnTop (the "Transaction"). Closing of the Transaction is subject to regulatory and shareholder approval. As consideration for the Transaction, Colibri has agreed to issue a convertible debenture in the amount o...

DIEPPE, NB, Sept. 21, 2018 /CNW/ - (CBI: TSX-V) – Colibri Resource Corporation ("Colibri" or the "Company") wishes to clarify certain information regarding exploration potential on its Pilar Project in Sonora State, Mexico. In news releases issued on January 4, February 7 and March 20, 2018 and in its corporate presentation located on its website, the Company stated that it has defined an in-house resource calculation on the Main Zone deposit of 700,000 tonnes grading 1.9 g/t Au. The estimation reported incorporated historical drill holes reported by a previous ope...

DIEPPE, NB, Aug. 3, 2018 /CNW/ - (CBI: TSX-V) - Colibri Resource Corporation ("Colibri" or the "Company") is pleased to announce that it negotiated an agreement with two shareholders to provide debt financing in an amount up to CAD $400,000.  The debt financing which will be in the form of non-interest bearing loans with no fixed terms of repayment, will be secured by the shares of the Company's wholly owned subsidiaries and three mineral exploration properties located in Sonora, Mexico. The Company will issue a general security agreement to the lending s...