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Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

Metals & Mining Gold
Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and development opportunities in Nicaragua, Central America. In addition to its mining operations in Nicaragua, it also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP), which includes the Eastern Borosi Mines (EBM). It holds a 100% interest in Fiore’s Pan Mine, a producing heap leach gold operation. It owns the adjacent advanced-stage Gold Rock Project and, the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project. It also owns the advanced-stage Valentine Gold Project in Newfoundland and Labrador.


TSX:CXB - Post by User

Calibre Mining Corp > More shares.
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Comment by edxon May 18, 2024 11:05am
138 Views
Post# 36047221

RE:RE:More shares.

RE:RE:More shares.Don't think they're related.  Calibre mentioned in the update they're looking to enhance working capital to deal with either project overruns or to action opportunities with respect to the mine build (similar to how they pulled certain phase two items forward into phase 1). The shelf prospectus is exactly that.

I'm not a securities lawyer,  but I'm pretty sure any merger scenario is in no way facilitated by a shelf prospectus... it just gives them the ability to raise money quickly when market conditions are favorable (like during a rising gold market).

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