Colibri Resource Corp. is pleased to announce that it intends to conduct a non-brokered private placement of up to 1,000 units for gross proceeds of up to US$1,000,000, each Unit consisting of one US$1,000 principal amount 10% unsecured convertible debenture and 5,416 common share purchase warrants . Each Warrant will entitle the holder to acquire one common share of the Corporation at a price of C$0.12 per Common Share
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