Calibre Mining Corp. announces the temporary suspension of blasting activities at its Jabali underground mine at La Libertad. The suspension is related to surface instability issues caused by localised artisanal mining. The Company is supporting the government and community to mitigate the risks facing approximately 25 households in the community of Santo Domingo, proximal to the Jabali underground mine. The Company [...]
OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, today announced Calibre Mining Corp. , a Canadian-listed gold mining and exploration company, has qualified to trade on the OTCQX® Best Market. Calibre Mining Corp. upgraded to OTCQX from the Pink® market. Calibre Mining Corp. begins trading today on OTCQX under the symbol "CXBMF." U.S. investors can find current [...]
Calibre Mining Corp. announced that it exercised its right to redeem the outstanding principal amount owing pursuant to the convertible debenture , issued by the Company to B2Gold Corp. on October 15, 2019 as part of the purchase consideration for the producing El Limon and La Libertad gold mines. Accordingly, Calibre will issue 17,618,667 common shares to B2Gold which will result in B2Gold’s direct equity interest [...]
Calibre Mining Corp. is pleased to report 2018 and 2019 exploration drilling and target delineation results from the La Libertad mine and surrounding concessions. B2Gold Corp. was successful in identifying several new near-mine gold trends, as well as several high-priority regional targets over its 650km2 district scale concessions . Calibre is currently processing ore from the Jabali underground mine, the Jabali Antenna [...]
Calibre Mining Corp. is pleased to report 2018 and 2019 drilling results from El Limon. B2Gold Corp. was successful in extending gold mineralization along the El Limon vein system for over 2.5 kilometres, with high-grade intercepts at Limon Sur, Limon Central, Limon Norte, Tigra, Chaparral and Cacao vein system, as well as from the newly-developed Atravesada and Panteon underground targets . Calibre is currently [...]
Calibre Mining Corp. is pleased to announce production and cost guidance for the period from October 15, 2019 to December 31, 2019 after completing the acquisition of the El Limon and La Libertad mines from B2Gold Corp. , effective October 15, 2019. As of the transaction close, Calibre has a strong balance sheet with approximately CDN$45 million in cash and a multi-asset production platform with significant [...]
Calibre Mining Corp. is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange . Calibre’s common shares will commence trading on the TSX at the opening on Monday, October 21, 2019, continuing to trade under the symbol CXB. Calibre’s common shares will be delisted from the TSX Venture Exchange at the commencement of trading on the TSX. About [...]
Calibre Mining Corp. is pleased to announce the closing of the transaction with B2Gold Corp. pursuant to which Calibre has acquired B2Gold’s interest in the El Limon and La Libertad gold mines, the Pavon gold project and additional mineral concessions in Nicaragua for aggregate consideration of US$100 million, which was paid with a combination of cash, common shares, a convertible debenture and a US$10,000,000 cash [...]
Calibre Mining Corp. is pleased to announce that the 175,256,480 subscription receipts of the Company issued pursuant to its previously announced brokered private placement have been automatically converted, without any further action on the part of the holders, on a one-for-one basis into 175,256,480 common shares of the Company as a result of the satisfaction of the escrow release conditions. The gross proceeds of the [...]
Calibre Mining Corp. is pleased to announce that all matters submitted to shareholders for approval as set out in detail in the Company’s management information circular dated August 30, 2019 were approved by the requisite majority of votes cast at its Annual General and Special Meeting held in Vancouver, British Columbia earlier today. A total of 23,061,267 common shares of Calibre were represented by shareholders [...]
Calibre Mining Corp. announces that the Company intends to make a one-off grant to certain directors, officers and employees of the Company of 27,775,000 incentive stock options and 4,725,000 restricted share units pursuant to the Company's long-term incentive plan , which will be effective on the closing of the proposed acquisition from B2Gold Corp. of the El Limon and La Libertad Gold Mines, the Pavon Gold Project and [...]
Joining Forces with B2Gold to Acquire the El Limon and La Libertad Gold Mines; B2Gold to Become Calibre’s Largest Shareholder Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, British Columbia, Oct. 01, 2019 -- Calibre Mining Corp. is pleased to announce that the Company has closed the second and final tranche of its previously announced brokered private [...]