Calibre Mining

(TSX.V: CBX | OTC: CXBMF)

Has just closed on a successfully over-subcribed equity financing $102 CAD.  Here is what Russell Ball corresponded with shareholders:

Russell Ball, Executive Chairman of Calibre stated: “Despite a challenging equity financing environment, we were able to raise in excess of our targeted CDN $100 million and I wanted to express my thanks to those investors who participated in the financing for their support of the team and the assets.  I believe we have a unique opportunity to create value by transforming Calibre from a junior exploration company to a multi-asset gold producer with significant exploration upside.  We are excited about the opportunities that lie ahead, so much so that management and the Board subscribed for approximately CDN$6.5 million of the private placement, firmly aligning the interests of management with those of our long-term shareholders, including B2Gold, who after the closing of the Transaction will hold an approximate 31% equity interest in the Company.”

INVESTOR RELATIONS:

RYAN KING

Tel: 604-681-9944
Cell: 778.998.3700
Email: calibre@calibremining.com

https://youtu.be/zuhZaCGomxI

Press Release