El Limon Mine – Nicaragua (1)

B2Gold and Calibre Mining Join Forces in Nicaragua:

On July 2, 2019, B2Gold and Calibre Mining Corp. ("Calibre") entered into a binding agreement for B2Gold to restructure its interests in, and for Calibre to acquire, El Limon and La Libertad mines, the Pavon Project and additional mineral concessions in Nicaragua (collectively, the "Nicaragua Assets")  held by B2Gold for aggregate consideration of US$100 million, which will be paid with a combination of cash, common shares and a convertible debenture.

On October 15, 2019, B2Gold announced that it had completed the sale of its Nicaraguan Assets to Calibre and now holds an indirect interest in these assets through its approximately 30.08% shareholding of Calibre (as at October 15, 2019).

Click here for "B2Gold Completes the Sale of Nicaragua Assets to Calibre Mining" news release dated October 15, 2019
Click here for "B2Gold and Calibre Mining Join Forces in Nicaragua" news release, dated July 2, 2019

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