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Calibre to acquire Fiore in C$178M deal

Calibre Mining is to acquire Fiore Gold in a cash and stock deal valued at about C$178 million with a 44% premium to create a diversified, Americas-focused, growing mid-tier gold producer with targeted annual gold production of about 245,000 ounces.

Paul Harris
Fiore Gold's Pan mine in Nevada, USA

Fiore Gold's Pan mine in Nevada, USA

Fiore shareholders will receive 0.994 of a Calibre share and C$0.10 in cash for each Fiore share with an implied consideration of C$1.80 per share. Upon completion, existing shareholders of Calibre and...

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