CALIBRE MINING CORP ORD - CXBMF STOCK NEWS

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced that its shareholders approved all matters at the Annual General Meeting held on June 16, 2021. A total of 227,705,860 shares were represented, constituting 67.72% of the outstanding shares. Key approvals included the election of the Board of Directors and the re-appointment of PricewaterhouseCoopers LLP as external auditors for 2021. The Board will serve until the next AGM. Detailed voting results revealed a high percentage of support for the nominees, with Darren Hall receiving 99.87% of votes in favor.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) has released an update on its 2021 drilling program, focusing on exploration and resource expansion at the Libertad concessions. The company is currently operating 16 drill rigs, projecting gold production between 170,000 to 180,000 ounces in 2021. Significant drill results include high-grade gold intercepts from both the Volcán and Tranca veins. The company continues to explore new mineralization zones while advancing projects with its partner Rio Tinto at the Borosi joint venture.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced significant additions to its senior management. New Vice President of Sustainability Petri Salopera brings extensive experience in community relations and sustainability, while Senior Manager of Regional Exploration Greg Myers adds geological expertise. Ground Transportation Manager Rigoberto Anaya will enhance transport efficiency. Additionally, Ryan King was promoted to Senior Vice President of Corporate Development and Investor Relations, and Paulo Santos to Vice President of Finance. These appointments are expected to strengthen Calibre's operational capabilities.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced positive results from its 2021 drilling program at the Limon Mine Complex. Key findings include:

• 13.35 g/t Au over 3.2 metres at Veta Nueva
• 5.5 g/t Au over 7.1 metres at Atravesada
• 4.85 g/t Au over 5.5 metres from hole LIM-21-4548.

CEO Darren Hall highlighted strong resource expansion potential with over 15 rigs operating. The company aims to commence high-grade ore production within the quarter, positioning itself favorably for continued growth.

Calibre Mining Corp. reported strong Q1 2021 results, with gold production of 45,452 ounces, the highest since Q3 2016. Key highlights include revenue of $82 million from gold sales, net income of $16.6 million, and a 13% increase in working capital to $79 million. The company achieved an AISC of $1,095 per ounce and a significant 200% increase in mineral reserves to 864,000 ounces. The Pavon Norte mine contributed to the production growth, showcasing Calibre's effective 'hub-and-spoke' strategy. The outlook for 2021 remains positive, with expected production of 170,000 - 180,000 ounces.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) will announce its first quarter 2021 financial results on May 3, 2021, after market close. The company will host a conference call and webcast on May 4, 2021, at 10:00 a.m. EDT to discuss these results. The conference can be accessed by dial-in or through a webcast link provided. Calibre Mining is focused on sustainable operations and growth, with two 100%-owned gold mines in Nicaragua, leveraging a hub-and-spoke strategy to optimize throughput and ore processing.

Calibre Mining Corp. announces the advancement of its 100% owned Eastern Borosi Project (EBP) in Nicaragua. A diamond drilling program was initiated to upgrade resources in three high-grade gold deposits. The EBP, covering 176 km², contains 700,500 ounces of gold and 11.4 million ounces of silver across six deposits. The project aims to become a key component of Calibre's 'Hub-and-Spoke' operating strategy, with exploration drilling planned for Q3 2021. The company anticipates a 30% production increase in 2021 compared to 2020.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) reported strong operating results for Q1 2021, achieving gold production of 45,452 ounces, the highest since Q3 2016. The company advanced the Pavon Norte mine, showing effective development with a 200% increase in Mineral Reserves to 864,000 ounces. Cash reserves rose to $58.2 million, up $5.1 million from last year. Positive drill results were noted, with ongoing exploration demonstrating growth potential. The production and cost guidance for 2021 remain on track amidst a growing operational strategy.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced an update on the Borosi exploration project, held under an agreement with Rio Tinto Exploration. This partnership allows Rio Tinto to earn a 75% interest by investing $45 million over 11 years. The exploration program covers a 667km² area and includes 5,500 meters of initial diamond drilling planned for 2021. Key targets like Carpatos, Doña Francesca, Timbuco, and Mina Victoria have been prioritized based on favorable geological settings. Over $20 million has been invested in exploration by Calibre over the last decade.