B2Gold Reduces Share Ownership in Calibre Mining

Date:

VANCOUVER, British Columbia, June 21, 2024 (GLOBE NEWSWIRE) — Calibre Mining (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces that B2Gold Corp. (“B2Gold”) has transacted on 79.0 million shares of its Calibre share position to new long-term shareholders at a price of C$1.76, in an arm’s length transaction. Following the transaction, B2Gold will remain a shareholder with 31,950,333 shares, or 4% of Calibre’s issued and outstanding shares.

Blayne Johnson, Chairman of Calibre stated: “On behalf of the entire team at Calibre, I would like to extend our sincere gratitude to Clive Johnson, President and CEO of B2Gold, and his team for entrusting us with their Nicaraguan assets which became the founding assets of Calibre. Their decision to transfer these assets to an emerging exploration company rather than opting for immediate complete monetization, required both vision and courage. This innovative…

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