MONCTON, NB, April 11, 2017 /CNW/ - Heather Goguen (the "Acquiror") announced today
that she has exercised warrants to acquire 640,000 common shares in
Colibri Resource Corporation (the "Company") at $0.075 per common share for a total purchase
price of $48,000. The Company
is located at 105 Englehart Street, Suite 700, Dieppe, New Brunswick E1A 8K2.
In addition, the Acquiror has previously acquired common shares
of the Company as follows:
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1)
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On June 30, 2016, she
acquired 300,000 Units of the Company by way of a private placement
at a price of $0.10 per Unit. Each Unit is comprised of one common
share and one half warrant to purchase an additional share at a
price of $0.15 per share if exercised within two years.
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2)
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On April 29, 2016,
she acquired 800,000 Units of the Company by way of a private
placement at a price of $0.05 per Unit. Each Unit is comprised of
one common share and one whole warrant to purchase an additional
share at a price of $0.075 per share if exercised with the first
year and at a price of $0.085 per share if exercised within the
second year.
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As a result of today's warrant exercise, the Acquiror now holds
2,133,333 common shares of the Company, an increase in her holdings
from 14.52% to 18.35% of the common shares currently
outstanding.
The Acquiror, a resident of Moncton,
NB, may be contacted c/o 105 Englehart Street, Suite 700,
Dieppe, New Brunswick E1A 8K2 and
acquired these common shares for investment purposes, and may, from
time to time, acquire additional securities of the Company or
dispose of such securities as she may deem appropriate.
SOURCE Colibri Resource Corporation