Mr. Darren Hall reports

CALIBRE MINING ANNOUNCES CLOSING OF US$75 MILLION PRIVATE PLACEMENT

Further to its joint news release with Equinox Gold Corp. (see news release dated Feb. 23, 2025), Calibre Mining Corp. has closed the private placement issuance of an aggregate principal amount of $75-million (U.S.) unsecured convertible notes bearing interest at a rate of 5.5 per cent per year.

About Calibre Mining Corp.

Calibre is a Canadian-listed, Americas-focused, growing, mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities, Calibre will unlock significant value.

We seek Safe Harbor.