VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 7, 2016) - Calibre Mining Corp. (TSX VENTURE:CXB) (the
"Company" or "Calibre") is pleased to announce the appointment of Mr. Douglas Hurst as a Director of the Company effective
immediately.
Douglas Forster, Chairman of Calibre stated: "On behalf of the Board of Directors I am delighted to welcome Mr. Douglas
Hurst to the Calibre team as a Director. Doug's extensive experience in business, financial and capital markets as well as
project evaluations will be a great compliment to our Board. We look forward to working with Mr. Hurst as Calibre advances
our 100% owned Projects in Nicaragua as well as our Projects in partnership with B2Gold, IAMGOLD, Centerra Gold, and Rosita
Mining."
Mr. Hurst has over 25 years of experience in the mining/resource industries having acted as geologist, consultant, mining
analyst, and senior executive. Mr. Hurst holds a Bachelor of Science in geology from McMaster University (1986). He was a mining
analyst with McDermid St. Lawrence and Sprott Securities and a contract analyst to Pacific International Securities and Octagon
Capital up until 1995. From 1995 to 2003 Mr. Hurst operated D.S. Hurst Inc. a company offering corporate, evaluation and
financing consulting services to the mining industry. He was a founding executive of International Royalty Corporation from 2003
to 2006 and a director of the company until 2010 when the company was purchased by Royal Gold for $700 million.
Calibre has granted 500,000 stock options at a price of $0.155 per share for a period of five years to Mr. Hurst. The
options are subject to regulatory approval and are granted under the Company's stock option plan and include vesting
provisions.
About Calibre Mining Corp.
Calibre controls a 100% interest in over 340 km2 of mineral concessions in the Mining Triangle of Northeast
Nicaragua. Additionally the Company has an option agreement with IAMGOLD covering 176 km2 of concessions, an
option agreement with Centerra Gold on 253 km2, joint venture exploration programs underway with B2Gold Corp. on 66.1
km2 of concessions which includes the Primavera gold-copper porphyry discovery and the Monte Carmelo Gold Zone, and a
joint venture on the 33.6 km2 Rosita gold-copper-silver project with Rosita Mining Corporation. Major
shareholders of Calibre include gold producer B2Gold Corp, Pierre Lassonde and Management.
Calibre Mining Corp.
Douglas B. Forster, M.Sc., P.Geo.
Chairman
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain forward-looking statements, Any statements that express or involve discussions with
respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance
(often, but not always, using words or phrases such as "expects" or does not expect", "is expected", anticipates" or "does not
anticipate" "plans", "estimates" or "intends" or stating that certain actions, events or results " may", "could", "would",
"might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking
statements". Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events
or results to materially differ from those reflected in the forward-looking statements.
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for
the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements including but not limited
to those with respect to the price of gold, potential mineralization, reserve and resource determination, exploration results,
and future plans and objectives of the Company involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievement of Atlas to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. There can be no assurance that such statements will
prove to be accurate as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking statements