Transactions

Overview

Calibre Mining Corp. Announces Acquisition of Fiore Gold Ltd.

October 25, 2021

Calibre Mining Corp. (TSX:CXB) today announced that it has entered into a definitive agreement with Fiore Gold Ltd. (TSXV:F) pursuant to which Calibre will acquire all of the issued and outstanding shares of Fiore for a combination of cash and stock pursuant to a court‐approved plan of arrangement under the Business Corporations Act (British Columbia).

Canaccord Genuity Corp. provided an independent fairness opinion to the board of directors of Calibre in connection with the transaction. Wildeboer Dellelce LLP acted as legal counsel to Canaccord Genuity with a team comprised of Michael Rennie (corporate/securities).

Upon completion of the transaction, Calibre will acquire a 100% interest in Fiore’s operating Pan Gold Mine, the adjacent advanced stage Gold Rock Project and the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project in Washington State.

Full details can be found here.