Calibre completes $115 million bought deal financing

On April 16, 2024, Calibre Mining Corp. completed a bought deal financing of 68,540,000 common shares at a price of $1.68 per common share for aggregate gross proceeds of approximately $115 million, which includes the exercise in full of the underwriters’ over-allotment option.

Cassels Brock & Blackwell LLP acted for Calibre Mining Corp. with a deal team that included Jay King, Jen Hansen, Brandon Manhas, Joel Matson, Danielle Hill (Securities and Mining), Tera Li Parizeau, and Jocelyn Arnason (Tax).

Blake, Cassels & Graydon LLP acted for the underwriters with a deal team that included Bob Wooder, Susan Tomaine, Darren Whitehouse, and Kai Duchnycz.