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BTG - B2Gold News Story

$6.37 -0.1  -0.9%

Last Trade - 25/09/20

Sector
Basic Materials
Size
Large Cap
Market Cap £5.21bn
Enterprise Value £5.15bn
Revenue £1.14bn
Position in Universe 950th / 6417

BRIEF-Calibre Mining Says Deal with B2Gold In Nicaragua To Buy El Limon & La Libertad Gold Mines

Tue 2nd July, 2019 8:48am
July 2 (Reuters) - Calibre Mining Corp  CXB.V :
    * B2GOLD AND CALIBRE MINING JOIN FORCES IN NICARAGUA -
CALIBRE
MINING TO ACQUIRE EL LIMON AND LA LIBERTAD GOLD MINES - B2GOLD
TO BECOME CALIBRE'S LARGEST SHAREHOLDER
    * CALIBRE MINING-ENTERED BINDING AGREEMENT FOR B2GOLD TO
RESTRUCTURE ITS INTERESTS IN, AND FOR CO TO BUY, PRODUCING EL
LIMON AND LA LIBERTAD GOLD MINES
    * CALIBRE MINING - DEAL FOR AGGREGATE CONSIDERATION OF
US$100
MILLION,WHICH DEAL PRICE TO BE PAID WITH COMBINATION OF CASH,
SHARES AND CONVERTIBLE DEBENTURE
    * CALIBRE MINING CORP - FOLLOWING COMPLETION OF TRANSACTION,
B2GOLD WILL OWN AN APPROXIMATE 31% DIRECT EQUITY INTEREST IN
CALIBRE
    * CALIBRE MINING-CO ALSO ENTERED INTO DEAL WITH CANACCORD
GENUITY,SPROTT CAPITAL PARTNERS LP OF PRIVATE PLACEMENT OF UP TO
167 MILLION SUBSCRIPTION RECEIPTS
    * CALIBRE MINING CORP - PRIVATE PLACEMENT OF UP TO 167
MILLION
SUBSCRIPTION RECEIPTS FOR GROSS PROCEEDS OF UP TO C$100 MILLION

Source text for Eikon:  ID:nCNWmvrMfa 
Further company coverage:  BTO.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
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