B2Gold brings Calibre Mining on board at its Nicaragua gold mines

Gold miner B2Gold Corporation will sell its Nicaraguan assets to Calibre Mining Corporation in exchange for a holding in Calibre.

Calibre will acquire B2Gold’s producing El Limon and La Libertad gold mines, the Pavon gold project and additional mineral concessions held by B2Gold in Nicaragua, for $100-million in cash, common shares and a convertible debenture.