Calibre Mining Announces $3,000,000 Private Placement

Calibre Mining Corp. (TSXV:CXB) announced that it intends to sell, on a private placement basis, up to 30,000,000 units (“Units”) of the Company at a price of $0.10 per Unit for gross proceeds of up to $3,000,000.
The proceeds of the Private Placement will be used to advance the exploration and development of the Company’s 100% owned projects in Nicaragua including;

1.  drilling of the high priority Santa Maria gold-silver Target within the Rosita District,
2. continued exploration of the Northern Siuna Project which contains the Montes de Oro Target as well as a series of “look alike” targets
3. additional work on anomalous zones in the Carpatos District and the El Paste Concession,

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