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

Executive Summary

• Colibri Resource Corp. completed an oversubscribed non‑brokered private placement of 9,944,683 units for gross proceeds of C$1,491,702.
• Units consist of one common share and one warrant (exercise price C$0.25, 24‑month term); finder’s warrants also issued.
• Net proceeds will fund exploration at the flagship Mexican gold projects (Pilar and EP) and provide general working capital.

Key Details

• Offering Structure: Each unit = 1 common share + 1 warrant (C$0.25 exercise, 24‑month expiry).
• Tranche 1: Closed 31 Oct 2025 – 9,004,816 units issued; gross proceeds C$1,350,722.
• Tranche 2 (final): Closed 5 Nov 2025 – 939,867 units issued; gross proceeds C$140,980.
• Aggregate: 9,944,683 units sold; total gross proceeds C$1,491,702.
• Finder’s Compensation: $71,504 in cash fees plus issuance of 476,693 non‑transferable finder’s warrants (same terms as unit warrants).
• Related Party Purchase: CEO Ian McGavney bought 269,000 units for C$40,350; exempt from MI 61‑101 valuation/approval thresholds.
• Statutory Hold Period: All common shares, warrants and finder’s warrants subject to a hold period of four months and one day from issuance.
• Use of Proceeds: Primarily to fund exploration at the EP Gold Project, Pilar Gold & Silver Project, and for general working capital.
• Regulatory Status: Offering pending final acceptance by the TSX Venture Exchange.

Notable Quotes

(No direct quotes were provided in the release.)