Vancouver, British Columbia: Calibre Mining Corp. (TSX-V: CXB) (the "Company" or "Calibre") is pleased to announce the appointment of Ms. Julie Lassonde as a Director of the Company effective immediately.
Douglas Forster, Chairman of Calibre stated: "On behalf of the Board of Directors I am delighted to welcome Ms. Julie Lassonde to the Calibre team as a Director. Julie's significant business, financial and junior mining experience will provide a meaningful enhancement to our Board. We look forward to working with Ms. Lassonde as Calibre advances our 100% owned Montes de Oro gold project in Nicaragua as well as our Minnesota and Eastern Borosi gold projects with partners B2Gold Corp. and IAMGOLD Corporation respectively."
Ms. Lassonde has over 17 years of experience in a variety of financial, advisory, and engineering roles. She has spent the past 10 years in a variety of senior roles in the junior mining sector focused on gold, diamonds and base metals. Ms. Lassonde holds a degree in Civil Engineering from Queen's University in Kingston, Ontario.
Calibre has granted 500,000 stock options at a price of $0.14 per share for a period of five years to Ms. Lassonde. The options are subject to regulatory approval and are granted under the Company's stock option plan and include vesting provisions.
About Calibre Mining Corp.
Calibre controls a 100% interest in 253 km2 of mineral concessions in the Mining Triangle of Northeast Nicaragua. Additionally the Company has an option agreement with IAMGOLD covering 176 km2 of concessions, joint venture exploration programs underway with B2Gold Corp. on 322.3 km2 of concessions which includes the Primavera gold-copper porphyry discovery and the Minnesota Gold Zone, and has optioned the 33.6 km2 Rosita gold-copper-silver project to Alder Resources Ltd. Major shareholders of Calibre include gold producer B2Gold Corp., Pierre Lassonde and Management.
Calibre Mining Corp.
"Douglas B. Forster"
Douglas B. Forster, M.Sc., P.Geo.
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This news release contains certain forward-looking statements, Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or does not expect", "is expected", anticipates" or "does not anticipate" "plans", "estimates" or "intends" or stating that certain actions, events or results " may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements". Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements.
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements including but not limited to those with respect to the price of gold, potential mineralization, reserve and resource determination, exploration results, and future plans and objectives of the Company involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Atlas to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.