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Calibre Mining Obtains Additional US$55 Million Under Amended and Restated Gold Prepayment Agreement with Asahi

11/04/2024

On November 4, 2024, Calibre Mining Corp. entered into an Amended and Restated Gold Prepayment Agreement with Asahi Refining USA Inc., whereby Asahi pre-purchased an additional 20,000 ounces of gold from Calibre for US$55 million. Pursuant to the prepayment arrangement, Calibre will physically deliver 2,500 ounces of gold per month to Asahi from May 2025 through December 2025.

Cassels acted for Calibre.

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