mining

Calibre Mining announces C$100 million bought-deal financing

Kitco Media
By Michael McCrae
Published
Updated

Calibre Mining Corp. (TSX: CXB) announced yesterday a C$100 million bought-deal financing at a price of $1.68 per common share of Calibre. 

Funds will be used to advance Calibre's Valentine gold project, El Limon mine, La Libertad mine and Pan mine. 

The  syndicate of underwriters led by BMO Capital Markets. 

Calibre is a mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua.

Kitco Media

Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.