Colibri Withdraws Proposed Amendments to Debentures and Warrants
Colibri Resource Corporation (TSXV: CBI) has withdrawn its previously announced amendments to outstanding debentures, warrants, and finder's options. The company has decided against proceeding with the changes after reviewing its capital requirements and market conditions.
Key financial details include: US$444,000 of debentures matured on August 1, 2025, and an additional US$175,000 will mature on August 31, 2025. Additionally, 2,637,582 warrants expired on August 1, with 1,083,200 warrants and 11,049 finder's options set to expire on August 31, 2025. Management is developing a new comprehensive financing plan to address maturing debentures and working capital needs.
Colibri Resource Corporation (TSXV: CBI) ha ritirato le modifiche precedentemente annunciate riguardanti i debiti convertibili, i warrant e le opzioni per i finder. L'azienda ha deciso di non procedere con tali cambiamenti dopo aver valutato i requisiti di capitale e le condizioni di mercato.
I principali dettagli finanziari includono: 444.000 USD di debiti convertibili in scadenza il 1掳 agosto 2025 e ulteriori 175.000 USD in scadenza il 31 agosto 2025. Inoltre, 2.637.582 warrant sono scaduti il 1掳 agosto, mentre 1.083.200 warrant e 11.049 opzioni per finder scadranno il 31 agosto 2025. La direzione sta elaborando un nuovo piano finanziario completo per gestire i debiti in scadenza e le necessit脿 di capitale circolante.
Colibri Resource Corporation (TSXV: CBI) ha retirado las enmiendas previamente anunciadas sobre los bonos convertibles, warrants y opciones para intermediarios. La compa帽铆a ha decidido no continuar con estos cambios tras revisar sus necesidades de capital y las condiciones del mercado.
Los detalles financieros clave incluyen: 444,000 USD en bonos convertibles que vencen el 1 de agosto de 2025 y otros 175,000 USD que vencer谩n el 31 de agosto de 2025. Adem谩s, 2,637,582 warrants expiraron el 1 de agosto, mientras que 1,083,200 warrants y 11,049 opciones para intermediarios vencer谩n el 31 de agosto de 2025. La gerencia est谩 desarrollando un nuevo plan financiero integral para abordar los bonos en vencimiento y las necesidades de capital de trabajo.
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欤检殧 鞛 雮挫毄鞚� 雼れ潓瓿� 臧欖姷雼堧嫟: 444,000 氙戈淡 雼煬鞚� 鞝勴櫂靷眲臧� 2025雲� 8鞗� 1鞚� 毵岅赴鞚措┌, 於旉皜搿� 175,000 氙戈淡 雼煬臧� 2025雲� 8鞗� 31鞚检棎 毵岅赴霅╇媹雼�. 霕愴暅 2,637,582臧滌潣 鞗岆煱韸戈皜 8鞗� 1鞚检棎 毵岆霅橃棃瓿�, 1,083,200臧滌潣 鞗岆煱韸胳檧 11,049臧滌潣 敫岆旎� 鞓奠厴鞚� 2025雲� 8鞗� 31鞚检棎 毵岆霅� 鞓堨爼鞛呺媹雼�. 瓴届榿歆勳潃 毵岅赴 鞝勴櫂靷眲鞕� 鞖挫爠鞛愲掣 鞖旉惮靷暛鞚� 頃搓舶頃橁赴 鞙勴暅 靸堧鞖� 膦呿暕 旮堨湹 瓿勴殟鞚� 靾橂 欷戩瀰雼堧嫟.
Colibri Resource Corporation (TSXV : CBI) a retir茅 les modifications pr茅c茅demment annonc茅es concernant les d茅bentures en circulation, les bons de souscription et les options de courtier. La soci茅t茅 a d茅cid茅 de ne pas poursuivre ces changements apr猫s avoir examin茅 ses besoins en capital et les conditions du march茅.
Les principaux d茅tails financiers incluent : 444 000 USD de d茅bentures arrivant 脿 茅ch茅ance le 1er ao没t 2025, et un montant suppl茅mentaire de 175 000 USD arrivant 脿 茅ch茅ance le 31 ao没t 2025. De plus, 2 637 582 bons de souscription ont expir茅 le 1er ao没t, tandis que 1 083 200 bons de souscription et 11 049 options de courtier expireront le 31 ao没t 2025. La direction 茅labore un nouveau plan de financement complet pour faire face aux d茅bentures arrivant 脿 茅ch茅ance et aux besoins en fonds de roulement.
Colibri Resource Corporation (TSXV: CBI) hat die zuvor angek眉ndigten 脛nderungen an ausstehenden Wandelanleihen, Warrants und Finder-Optionen zur眉ckgezogen. Das Unternehmen hat sich nach 脺berpr眉fung der Kapitalbed眉rfnisse und Marktbedingungen gegen die Durchf眉hrung der 脛nderungen entschieden.
Wichtige finanzielle Details umfassen: 444.000 USD an Wandelanleihen, die am 1. August 2025 f盲llig werden, sowie weitere 175.000 USD, die am 31. August 2025 f盲llig sind. Zudem sind 2.637.582 Warrants am 1. August abgelaufen, w盲hrend 1.083.200 Warrants und 11.049 Finder-Optionen am 31. August 2025 verfallen. Das Management entwickelt einen neuen umfassenden Finanzierungsplan, um die f盲lligen Wandelanleihen und den Kapitalbedarf f眉r das Umlaufverm枚gen zu adressieren.
- Company remains current on all interest payments
- Management is developing a comprehensive financing plan for working capital needs
- US$619,000 in debentures maturing in August 2025 requiring refinancing
- Over 3.7 million warrants and finder's options expiring, potentially limiting future financing flexibility
- Withdrawal of previously announced amendments suggests potential challenges in capital restructuring
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
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)
For more information about all Company projects, please visit: .
For further information, contact: Ian McGavney, President, CEO and Director, Tel: (506) 383-4274, [email protected].
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
FAQ
What is the total value of Colibri Resource Corporation's (TSXV: CBI) debentures maturing in August 2025?
How many warrants and finder's options are expiring for Colibri (TSXV: CBI) in August 2025?
Why did Colibri Resource Corporation withdraw its proposed amendments to debentures and warrants?
What is Colibri's plan to address the maturing debentures?
Is Colibri Resource Corporation current on its interest payments for the debentures?
