Calibre Makes Final Acquisition Payments Totaling US$15.5 Million to B2Gold Ahead of Schedule; Now Debt-Free and Generating Significant Free Cash Flow
VANCOUVER, British Columbia, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce it is now debt-free after making the final acquisition-related payments of US
As announced on March 25, 2020, Calibre and B2Gold agreed to defer the payment of the US
Russell Ball, Chief Executive Officer of Calibre, stated: “I want to once again thank B2Gold for extending the repayment terms when we suspended operations in March due to the pandemic. With a strong third quarter at the operations, significant free cash flow generation and US
About Calibre Mining Corp.
Calibre Mining is a Canadian-listed gold mining and exploration company with two
ON BEHALF OF THE BOARD
“Russell Ball”
Russell Ball, Chief Executive Officer
For further information, please contact:
Ryan King
Vice President, Corporate Development & IR
T: 604.628.1012
E: calibre@calibremining.com
W: www.calibremining.com