Colibri Resource Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ian McGavney
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 105 Englehart Street Dieppe NB Canada E1A 8K2
- IPO Date
- Sep 10, 2009
- Website
- colibriresource.com
- Similar Companies
- Business
- Colibri Resource Corporation (TSXV: CBI, OTC: CRUCF) is a Canada-based mineral exploration company that specializes in acquiring, exploring and developing high-potential precious metals projects, primarily gold and silver, in Sonora, Mexico. The company employs a project generator business model, targeting properties with historical high-grade artisanal mining activity for bulk tonnage open-pit opportunities; it systematically validates geological potential through surface sampling, mapping and geophysics before advancing via strategic joint ventures or sales. Colibri holds interests in multiple projects spanning over 7,000 hectares across prolific mining districts including the Caborca Orogenic Gold Belt and Sierra Madre Occidental, such as its 100%-owned flagship EP Gold Project (Evelyn/Plomo; 4,766 hectares), 49%-owned Pilar Gold-Silver Project (joint venture with Tocvan Ventures Corp.), and other properties including Diamante Gold & Silver and historical interests like Jackie. Headquartered in Dieppe, New Brunswick, and founded prior to its public listing, Colibri operates exclusively in Mexico's Sonora region adjacent to major producers like Fresnillo plc's La Herradura and Noche Buena mines. In recent developments, Colibri closed an oversubscribed non-brokered private placement in multiple tranches during October-November 2025 raising gross proceeds of approximately C$1.5 million through equity units to fund exploration at EP and Pilar projects and general working capital; engaged CANMEX Perforaciones y Servicios SA de CV as drilling contractor for its upcoming program at EP targeting San Perfecto and Banco de Oro zones; advanced corporate initiatives including debt restructuring proposals for outstanding convertible debentures maturing in 2025 by extending terms and lowering conversion prices to C$0.25; congratulated JV partner Tocvan on securing a 50,000-tonne pilot mine permit near Pilar positioning it for potential bulk sampling; and appointed Mark Smethurst as new director replacing Jamie Lavigne in August 2025 while progressing toward a maiden resource estimate at Pilar by Q1 2026.
Colibri Resource Corporation Announces Adoption of Quarterly Reporting Exemption Under Coordinated Blanket Order 51-933
Colibri Closes Debenture Units Offering
Colibri to Conduct Placement of Debenture Units
Colibri Announces Debt Conversion
Colibri Resource Completes Phase 1 Reconnaissance Drilling at the San Perfecto / Banco de Oro Targets at the EP Gold Project, Sonora, Mexico; Initial Assays Received and Additional Sampling Underway
Colibri Resource Reports Drilling Progress at the San Perfecto Target, EP Gold Project, Sonora, Mexico, Within a Region Hosting Projects Operated by Fresnillo plc, Agnico Eagle, Osisko Development, Minera Alamos, and Aztec Minerals
Colibri Resource Commences Drilling at EP Gold Project, Sonora, Mexico
Colibri Provides Summary of Over-Subscribed Non-Brokered Private Placement
Colibri Announces Closing of Second Tranche of Its Over-subscribed Non-Brokered Offering
Colibri Announces Closing of First Tranche of Its Over-subscribed Non-Brokered Offering and Engages CANMEX for Drilling at EP Gold Project
Colibri Upsizes Fully Subscribed Unit Offering; Will Conduct Closing in Two Tranches
Colibri Clarifies Structure of Its Offerings
Colibri Announces Increase in Equity Offering Due to Strong Investor Demand; Progress Toward Selection of Drilling Contractor for EP Gold Project
Colibri Announces $1.625M Non-Brokered Private Placements of Equity Units and Convertible Debenture Units to Advance Mexican Gold Projects
Colibri Engages TerraEye to Advance Targeting at EP Gold Project
Colibri Resource Corporation Advances Growth Strategy to Unlock Value at EP Gold Project and Pilar Joint Venture
Colibri Resource Corporation Announces Director Change
Colibri Withdraws Proposed Amendments to Debentures and Warrants
Colibri Announces Proposed Amendments to Debentures and Warrants
Colibri Resource Corporation Announces Results of Annual General Meeting