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Calibre Receives Court Approval for Arrangement with Equinox Gold
VANCOUVER, British Columbia, May 06, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB;...
About this update from Equinox Gold Corp.
[{"type":"text","content":"Calibre Receives Court Approval for Arrangement with Equinox Gold\n\n\n\n VANCOUVER, British Columbia, May 06, 2025 (GLOBE NEWSWIRE) --\n \n Calibre Mining Corp.\n \n (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company’s plan of arrangement (the “Arrangement”) with Equinox Gold Corp. (“Equinox Gold”), whereby Equinox Gold will, among other things, acquire all of the issued and outstanding Calibre shares. Pursuant to the Arrangement, Calibre shareholders will receive 0.35 shares of Equinox Gold common shares for each Calibre common share held.\n \n\n Subject to obtaining all required approvals and the satisfaction or waiver of all required conditions, the Arrangement is expected to close by the end of Q2 2025. Following closing of the Arrangement, the Calibre shares are expected to be de-listed from the Toronto Stock Exchange and the OTCQX (the “De-Listing”). Following the De-Listing, it is anticipated that Calibre will apply to cease to be a reporting issuer under applicable Canadian securities laws.\n \n\n For a more detailed description of the Arrangement, please refer to Calibre’s management information circular dated March 24, 2025 (the “Circular”), available on SEDAR+ at\n \n\n www.sedarplus.ca\n \n\n and on Calibre’s website at\n \n\n https://www.calibremining.com/investor-relations/agm-materials/default.aspx\n \n\n .\n \n\n\n About\n \n\n Calibre\n \n\n\n Calibre (TSX:CXB) is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, 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.\n \n\n\n ON BEHALF OF THE BOARD\n \n\n\n\n “Darren Hall”\n \n\n\n Darren Hall, President & Chief Executive ...