Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") is pleased
to announce that Calibre and Raystar Capital Inc. ("Raystar") (TSX
VENTURE:RYA.H) have executed a Purchase and Sale Agreement dated June 20, 2013
(the "Transaction") which outlines the proposed terms by which Calibre will sell
a 100% interest in the Point Leamington Zn-Au-Ag-Cu massive sulphide deposit and
263 hectare Mining Lease (the "Project"), north-central Newfoundland to Raystar.
As consideration for the Project, Raystar has agreed to issue 1,000,000 common
shares and pay $250,000 to Calibre on closing of the Transaction. Calibre will
also retain a 0.5% net smelter return royalty on production from the Project,
which can be purchased by Raystar at any time after closing for $1,000,000. 


Calibre President and CEO, Greg Smith, states; "The sale of the Point Leamington
Property to Raystar will allow Calibre to focus 100% of our efforts on the
Borosi gold-silver-copper project in Nicaragua while also increasing the
Company's working capital position. We look forward to being a shareholder of
Raystar and to seeing the Project advanced." 


The Point Leamington Zn-Au-Ag-Cu deposit was discovered by Noranda in 1971 and
is a volcanogenic massive sulphide system consisting of a series of massive
sulphide bodies and sulphide stringer hanging wall zones with associated post
mineral faulting and porphyry dykes. Tetra Tech Inc. of Sudbury, Ontario, Canada
has recently completed an Inferred Resource Estimate on the Point Leamington
deposit as outlined in Calibre's news release dated June 19, 2013.


Mr. Gregory Smith, P.Geo, the President and CEO of the Company, is the Qualified
Person as defined by NI 43-101, and is responsible for the accuracy of the
technical data and information contained in this news release. 


About Calibre Mining Corp.

At the Borosi Project in Nicaragua Calibre controls a 100% interest in 429 km2
of mineral concessions and additionally, Calibre has joint venture exploration
programs underway with B2Gold Corp. on 322.3 km 2 of concessions which include
the Primavera gold-copper porphyry discovery and Alder Resources Ltd. on the
33.6 km2 Rosita gold-copper-silver project. Major shareholders of Calibre
include gold producer B2Gold and investment fund Sun Valley Gold.


Calibre Mining Corp. 

Greg Smith, P.Geo.

President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Calibre Mining Corp.
Ryan King
604 628-1012
www.calibremining.com

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