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Re: calgarylady post# 171

Tuesday, 01/30/2007 2:12:59 PM

Tuesday, January 30, 2007 2:12:59 PM

Post# of 286
That info is not reflected in the Nat post online but is atthe companyw esbite.

Vancouver, BC - Colibri Resource Corporation (the "Company") announced today that it has successfully completed its initial public offering of 10,000,000 units at a purchase price of $0.25 per unit, for gross proceeds of $2,500,000. Net proceeds of $2,243,625 accrued to the Company after agent's fees and expenses. Each unit consists of one common share and one common share purchase warrant. Two whole warrants will entitle the holder to acquire one additional common share for a period of 24 months at an exercise price of $0.30. Shares of the Company will trade on the TSX Venture Exchange under the symbol "CBI" and the warrants under the symbol "CBI.WT".

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