Calibre Mining Corp T.CXB

New Press Release - Calibre and Marathon Announce Combination to Create a High-Growth, Cash Flow Focused, Mid-Tier Gold Producer in the Americas with Expected Annual Production of 500,000 ounces

Calibre Announces C$40 Million Concurrent Financing of Marathon VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre”) and Marathon Gold Corporation (TSX: MOZ) (“Marathon” and collectively the “Parties”) are pleased to announce...read article.

[MrDales62]

Excellent deal for CXB. GLTA

[ppp]

Excellent move, both companies are dirt cheap. I see nothing but blue sky ahead. 

[checkmate28]

Great move even more excited about the future here. Cashflow machine with another great low risk jurisdictional pickup   Lot of blue sky ahead 

[Tad]

This acquistion is a very good value deal for calibre I remember speaking with Calibre V.P. Ryan King four years ago at PDAC about CXB's vision of becoming a 1/2 million ounce gold producer within five years. It looks like they acheive that goal by 2025. Even with the dilution, post merger this company is still dirt cheap when looking at Price to Earnings . - 402,496,366 moz shares X 0