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Bullboard - Stock Discussion Forum 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... see more

TSX:CXB - Post Discussion

Calibre Mining Corp > The leaked article...
View:
Post by karead on Dec 01, 2024 4:08pm

The leaked article...

suggests that Calibre won't be the purchaser.

https://news.sky.com/story/candy-backed-metals-exploration-swoops-on-condor-gold-13264464
Comment by geezer21 on Dec 01, 2024 5:29pm
The link is no good.  Did you save the article?  Can you paraphrase what it said?
Comment by geezer21 on Dec 01, 2024 5:32pm
Got it this time: A mining group in which the financier Nick Candy is the largest shareholder is poised to swoop on a London-listed gold explorer to create an enlarged group worth more than £150m. Sky News has learnt that Metals Exploration, which is also quoted on the junior AIM market, is close to agreeing a cash-and-stock deal to acquire Condor Gold, an exploration and development ...more  
Comment by geezer21 on Dec 01, 2024 5:37pm
This paragraph in the article is the indicator that Condor will go to Metals Exploration: "One source close to the talks with Condor Gold said that Metals Exploration had secured irrevocable undertakings from a number of Condor Gold investors in recent days to vote in favour of the proposed deal."