Colibri Announces Investor Relations Agreement
VANCOUVER, July 15, 2011 /CNW/ - Colibri Resource Corporation ("Colibri" or the "Company") (TSX.V-CBI) is pleased to announce that it has retained Longwave Analytics Inc. to
provide investor relations services to the Company. The agreement is
for a six month term, pursuant to which, Longwave Analytics will be
paid $6,500 per month. Ian Gordon, President of Longwave Analytics,
owns 2,312,500 shares of Colibri and 2,050,000 share purchase warrants
exercisable until April 6, 2013. In addition, Longwave Strategies
Inc., a company related to Longwave Analytics, owns 250,000 shares of
Colibri and 811,750 share purchase warrants exercisable until April 6,
2013, and Janice Advent, President of Longwave Strategies, owns
1,050,000 shares of Colibri and 1,050,000 share purchase warrants
exercisable until April 6, 2013.
Colibri currently pays a fee of $2,500 per month to appear on the
Longwave Group website (www.longwavegroup.com). Longwave Strategies has previously received a finder's fee from the
Company in connection with the placement of investors in Colibri's
April 2011 private placement.
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.
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