Colibri Withdraws Proposed Amendments to Debentures and Warrants
Colibri Withdraws Proposed Amendments to
Debentures and Warrants
Dieppe, New Brunswick--(Newsfile Corp. - August 6, 2025) - Colibri Resource
Corporation (TSXV: CBI) ("
Colibri"
or the "
Company"
) announces that it will not be proceeding with
certain amendments to its outstanding debentures (the "Debentures"), related common share purchase
warrants (the "Warrants") and finder's options (the "Finder's Options") as originally announced in its
news release of July 16, 2025.
Following a more detailed review of the Company's capital requirements and current market conditions,
management has determined that it is not in the best interests of the Company to proceed with the
amendments at this time. A comprehensive financing plan is being prepared by management which will
not only deal with the maturing Debentures but also provide the Company with additional working capital.
Details will be announced in due course.
US$444,000 of Debentures matured on August 1, 2025. An additional US$175,000 will mature on
August 31, 2025. The Company is current on all interest payments. In respect of the Warrants, 2,637,582
Warrants expired on August 1, 2025 with an additional 1,083,200 Warrants and 11,049 Finder's Options
expire on August 31, 2025.
ABOUT COLIBRI RESOURCE CORPORATION
Colibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on
acquiring, exploring, and developing prospective gold & silver properties in Sonora, Mexico. The
Company holds three high potential precious metal projects: 1) 49% Ownership of the Pilar Gold & Silver
Project which is believed to hold the potential to be a near term producing mine, 2) 100% of EP Gold
Project in the significant Caborca Gold Belt which has delivered highly encouraging exploration results
and is surround by Mexico's second largest major producer of gold on four sides, and 3) ta 60% interest
in the Diamante Gold & Silver Project..
For more information about all Company projects, please visit:
www.colibriresource.com
.
For further information, contact: Ian McGavney, President, CEO and Director, Tel: (506) 383-4274,
.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements". Statements in this press release which are not
purely historical are forward-looking statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. These forward-looking statements are made as of
the date of this news release, and the Company assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ from those projected in the forward-
looking statements. Although the Company believes that the plans, expectations and intentions
contained in this press release are reasonable, there can be no assurance that they will prove to be
accurate.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/261575