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Colibri Resource sells 49% Pilar Gold Project stake to Tocvan for C$ 3.6 million, keeps 1% NSR

PUBT·08/27/2026 13:56:15
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Colibri Resource sells 49% Pilar Gold Project stake to Tocvan for C$ 3.6 million, keeps 1% NSR
  • Colibri Resource completed the sale of its 49% interest in the Pilar Gold Project in Sonora, Mexico to Tocvan Ventures.
  • Total cash consideration set at C$ 3.6 million, split into C$ 2 million paid at closing, C$ 1.6 million due within one year.
  • Colibri retained a 1% net smelter return royalty on Pilar; Tocvan can repurchase the royalty for C$ 1 million.
  • Proceeds strengthen liquidity, shifting the company’s main exploration focus to its 100%-owned EP Gold Project.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Colibri Resource Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 202608270955NEWSFILECNPR____20260827_311798_1) on August 27, 2026, and is solely responsible for the information contained therein.