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Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

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

Comment by kareadon Mar 30, 2024 9:37am
151 Views
Post# 35960926

RE:RE:New Ryan King interview

RE:RE:New Ryan King interviewRyan King makes an interesting statement in that video regarding the recent financing. He says "it was a completely unsolicited bought deal financing by the Bank of Montreal". Calibre didn't go looking for the money... it was the other way around. Bank of Montreal went looking for the shares... $100M worth of shares. So, any talk of Calibre needing the money for cost overruns at Valentine doesn't make sense. He simply says that the board decided to be proactive from a position of strength. Now, is there something else going on as well? We shall see...
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