GlobeNewswire Inc | Jun 16, 2021 05:30PM EDT

June 16, 2021

VANCOUVER, British Columbia, June 16, 2021 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (Calibre or the Company) is pleased to announce that all matters submitted to shareholders for approval as set out in detail in the Companys Management Information Circular dated May 6, 2021, were approved by the requisite majority of votes cast at its Annual General Meeting (AGM) held via live webcast. A total of 227,705,860 common shares of Calibre were represented by shareholders in person or by proxy at the AGM, representing 67.72% of the Companys issued and outstanding common shares as at the record date of May 6, 2021.

Specifically, shareholders voted to approve:

-- Election of the Board of Directors; and -- Re-appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Companys external auditors for 2021.

Detailed results of the voting are set out below:

Election of Directors

Nominee Outcome of Votes Votes For % For Votes Withheld % WithheldDarren Hall Carried 221,059,623 99.87 287,907 0.13Blayne Johnson Carried 217,594,515 98.30 3,753,015 1.70Douglas Forster Carried 206,796,860 93.43 14,550,670 6.57Edward Farrauto Carried 217,622,712 98.32 3,724,818 1.68Raymond Threlkeld Carried 211,892,851 95.73 9,454,679 4.27Douglas Hurst Carried 204,869,393 92.56 16,478,137 7.44Audra Walsh Carried 213,635,865 96.52 7,711,665 3.48Mike Vint Carried 220,837,470 99.77 510,060 0.23Randall Chatwin Carried 220,455,835 99.60 891,695 0.40

The directors will serve on the Board of Directors until the Companys next AGM of shareholders.

Appointment of Auditors

Outcome of Votes Votes For % For Votes Withheld % Withheld Carried 227,631,322 99.97 74,538 0.03

Full details of all proposals are described in the Companys Management Information Circular available on the Companys website at www.calibremining.com and on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD

Darren Hall

Darren HallPresident and Chief Executive Officer

For further information, please contact:

Ryan KingSenior Vice President, Corporate Development & IR T: (604) 628-1010 E: calibre@calibremining.comW: www.calibremining.com

About Calibre Mining Corp.

Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua. The Company is focused on sustainable operating performance and a disciplined approach to growth. Since the acquisition of the Limon, Libertad gold mines and Pavon Gold Project, Calibre has proceeded to integrate its operations into a hub-and-spoke operating philosophy whereby the Company can take advantage of reliable infrastructure, favorable transportation costs, and multiple high-grade ore sources that can be processed at either Limon or Libertad, which have a combined 2.7 million tonnes of annual mill throughput capacity.