Calibre Mining Corp. (TSX-V: CXB, OTC: CXBMF, Forum) announced on Wednesday that it had closed its transaction with B2Gold Corp., where Calibre had acquired B2Gold’s interest in the El Limon, La Libertad gold mines, as well as the Pavon gold project and additional mineral concessions in Nicaragua for aggregate consideration of $100 million (USD). In turn, B2Gold owns an approximate 30% direct equity interest in Calibre.
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The Company recently released escrowed fundsand converted more than 175,000,000 subscription receipts into common shares
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