Calibre Mining Announces Closing of US$75 Million Private Placement

Press Release

VANCOUVER, British Columbia, March 04, 2025 — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre”), is pleased to announce that, further to its joint news release with Equinox Gold Corp. (“Equinox”) (see news release dated February 23, 2025), it has closed the private placement issuance of an aggregate principal amount of US$75 million unsecured convertible notes bearing interest at a rate of 5.5% per annum.

About Calibre

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.

ON BEHALF OF THE BOARD

“Darren Hall”

Darren Hall, President & Chief Executive Officer

For further information, please contact:

Ryan King
SVP Corporate Development & IR
T: 604.628.1012
E: calibre@calibremining.com
W: www.calibremining.com

Calibre’s head office is located at Suite 1560, 200 Burrard St., Vancouver, British Columbia, V6C 3L6.

The Toronto Stock Exchange has neither reviewed nor accepts responsibility for the adequacy or accuracy of this news release.

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