Colibri announces that its shares remain halted and that Agnico Eagle Mines has started drilling on the Pitaya property
Colibri announces that its shares remain halted and that Agnico Eagle Mines has started drilling on the Pitaya property
DIEPPE, NB
,
April 10, 2017
/CNW/ - (CBI: TSX-V) Colibri Resource Corporation (Colibri or the Company) announces that further to the TSX Venture Exchange
(TSXV) Bulletin dated
December 16, 2016
, trading in the shares of the Company remain halted pending receipt and review of acceptable documentation regarding
the Fundamental Acquisition of Canadian Gold Resources pursuant to Listing Policy 5.6 (d) of Exchange Policy 5.3. All relevant information has been submitted
to the Exchange for review in regards to resume trading.
The regulatory halt is imposed by Investment Industry Regulatory Organization of
Canada
, the Market Regulator of the Exchange, pursuant to the provisions of
Section 10.9 (1) of the Universal Market Integrity Rules.
Colibri would also like to report that Agnico Eagle Mines Limited (AEM) has started a drill program with two drills on the Pitaya (Colibri) property in
Mexico
, which
is a joint venture property between AEM and Colibri. AEM is the project operator on this property. Colibri will release the results from this drill program when they
become available from AEM.
About Colibri Resource Corporation:
Colibri is a Canadian mineral exploration company listed on the TSX-V (CBI) focused on acquiring and exploring properties in
Mexico
.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
This news release may contain forward looking statements concerning future operations of Colibri Resource Corp.(the "Company"). All forward looking statements
concerning the company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to
certain assumptions, risks and uncertainties beyond the Company's control. Investors are cautioned that any such statements are not guarantees of future
performance and that actual performance, exploration and financial results may differ materially from any estimates and projections.
SOURCE
Colibri Resource Corporation
View original content: http://www.newswire.ca/en/releases/archive/April2017/10/c7890.html
%SEDAR: 00021936E
For further information:
Edward Stringer, President, CEO and Director, Tel: (506) 383-4274, [email protected]
CO: Colibri Resource Corporation
CNW 11:12e 10-APR-17