03:59 PM EST - Calibre Mining Corp. : Calibre Mining Corp. said it closed the transaction to purchase an undivided 100% interest in the NEN Gold-Copper Project from Yamana Gold Inc. located in the North Atlantic Autonomous Region of Nicaragua, Central America. The NEN Gold-Copper Property is a strategic and district-scale land package of 70,976 hectares of mining and exploration concessions covering the historic "Mining Triangle" of the Siuna-Rosita-Bonanza areas of northeast Nicaragua. Calibre purchased all of the issued and outstanding shares of Yamana Gold's wholly owned Nicaraguan subsidiary for consideration of $7.0 Million by the issuance of 12 million common shares of Calibre and $4.42 million cash. Calibre Mining Corp.
shares V.CXB are trading down $0.02 at $0.16.