Benton Closes Non-Brokered Non-public Placement of Movement-By and Non-Movement By Models

• Whole gold manufacturing quarterly file in This fall 2022: Whole gold manufacturing within the fourth quarter of 2022 of 367,870 ounces, together with 15,101 ounces of attributable manufacturing from Calibre Mining Corp. (“Calibre”), a quarterly manufacturing file for B2Gold.
• Achieved higher half of 2022 annual gold manufacturing steering: Whole gold manufacturing for 2022 of 1,027,874 ounces (together with 54,871 ounces of attributable manufacturing from Calibre), above the mid-point of 2022 steering, the seventh consecutive 12 months of assembly or exceeding annual manufacturing steering.
• Document quarterly manufacturing at Fekola in This fall 2022: Gold manufacturing from the Fekola Mine of 244,014 ounces within the fourth quarter of 2022, a quarterly file for the operation. Excessive grade ore from Fekola open pit Part 6 contributed to consecutive month-to-month manufacturing information in October and November 2022. Full 12 months 2022 gold manufacturing from Fekola of 598,661 ounces, on the higher finish of the annual steering vary of 570,000 to 600,000 ounces.
• Robust operational quarter at Masbate: Gold manufacturing from the Masbate Mine of 48,687 ounces within the fourth quarter of 2022. Full 12 months 2022 gold manufacturing from Masbate of 212,728 ounces, barely beneath the revised steering vary of 215,000 to 225,000 ounces (however on the higher finish of the unique steering vary of 205,000 to 215,000 ounces).
• Wolfshag underground manufacturing ramped up at Otjikoto: Gold manufacturing from the Otjikoto Mine of 60,068 ounces within the fourth quarter of 2022, with gold manufacturing benefitting from contribution of the Wolfshag underground mine. In December 2022, Otjikoto achieved a month-to-month file of 30,493 ounces of gold produced, setting the operation up effectively for manufacturing development in 2023. Full 12 months 2022 gold manufacturing from Otjikoto was 161,614 ounces, barely beneath the revised steering vary of 165,000 to 175,000 ounces.
• Robust quarterly gold income to complete the 12 months: Consolidated gold income within the fourth quarter of 2022 of $592 million on gross sales of 339,355 ounces at a median realized gold value of $1,746 per ounce. For the complete 12 months 2022, consolidated gold income was $1,733 million on gross sales of 969,155 ounces at a median realized gold value of $1,788 per ounce.
• Re-affirm full 12 months 2022 complete consolidated value steering: Whole consolidated money working prices per ounce produced nonetheless anticipated to be on the higher finish of the Firm’s unique steering vary of $620 to $660 per gold ounce and complete consolidated all-in sustaining prices (“AISC”) nonetheless anticipated to throughout the Firm’s unique steering vary of $1,010 to $1,050 per gold ounce.

2023 Steerage Highlights

• Whole gold manufacturing anticipated to exceed a million ounces for a fourth straight 12 months: Whole gold manufacturing steering of 1,000,000 to 1,080,000 ounces, together with 60,000 to 70,000 ounces of attributable manufacturing from Calibre.
• Whole consolidated money working prices stay aggressive: Whole consolidated money working value steering of $670 to $730 per gold ounce, barely greater than the 2022 steering vary because of minor inflationary impacts from gasoline, labour, and different key consumables.
• Capital investments on the Fekola Advanced to drive the following stage of manufacturing development in Mali : Whole consolidated AISC steering of $1,195 to $1,255 per gold ounce, reflecting the elevated investments in Mali to help future development of the Fekola Advanced, and elevated capital stripping expenditures at Fekola and Otjikoto. Elevated capital stripping expenditures in 2023 are anticipated to reasonable in 2024.
• Continued exploration funding throughout B2Gold’s extremely potential land packages: $64 million allotted to exploration in 2023, with the overwhelming majority allotted to development exploration expenditures to help the following part of natural development throughout the portfolio.
• Fekola Regional (Anaconda space) stand-alone processing facility research outcomes anticipated within the second quarter of 2023: Engineering research of a stand-alone mill and oxide processing services at Fekola Regional (Anaconda space) is anticipated within the second quarter of 2023. The research can be primarily based on processing not less than 4 million tonnes every year (“Mtpa”) of saprolite and transitional (oxide) assets, with an possibility so as to add contemporary rock (sulphide) capabilities sooner or later. Preliminary evaluation signifies that the mixed Fekola and Fekola Regional (Anaconda space) processing services might have the potential to supply greater than 800,000 ounces of gold per 12 months commencing as early as 2026.
• Monetary place and capital returns program stay strong: The Firm stays in a robust web constructive money place and paid a fourth quarter 2022 dividend of $0.04 per widespread share (annualized charge of $0.16 per widespread share), one of many highest dividend yields within the gold sector.

Fourth Quarter and Full Yr 2022 Gold Manufacturing

Mine-by-mine gold manufacturing within the fourth quarter and full 12 months 2022 (together with the Firm’s roughly 25% attributable share of Calibre’s manufacturing) was as follows:

Fekola Gold Mine – Mali

The Fekola Mine in Mali produced 244,014 ounces of gold within the fourth quarter of 2022, greater than anticipated due largely to processing of further excessive grade ore from Fekola Part 6 pit. Full manufacturing from Part 6 was made potential in the course of the fourth quarter by enhancements made to the pit dewatering system. The Fekola processing services continued to outperform funds with 2.47 million tonnes processed in the course of the fourth quarter, because of continued favorable ore fragmentation, availability of supplemental saprolite feed and continued optimization of the grinding circuit. Mill feed grade was greater within the fourth quarter as a result of elevated quantity of excessive grade ore processed from Fekola Part 6 pit. Mined ore tonnage and grade proceed to reconcile effectively with the Fekola useful resource mannequin.

For the complete 12 months 2022, the Fekola Mine produced 598,661 ounces of gold, on the high finish of the annual steering vary of 570,000 to 600,000 ounces.

Masbate Gold Mine – The Philippines

The Masbate Mine within the Philippines produced 48,687 ounces of gold within the fourth quarter 2022, barely decrease than anticipated because of decrease gold recoveries because of deliberate processing of an elevated mixture of sulphide and transitional ores, largely because of deliberate revisions of the mining sequence. The decrease recoveries have been offset by barely greater than anticipated gold mill feed grades and improved mill throughput.

For the complete 12 months 2022, the Masbate Mine produced 212,728 ounces of gold, barely beneath the revised steering vary of 215,000 to 225,000 ounces (however on the higher finish of the unique steering vary of 205,000 to 215,000 ounces).

Otjikoto Gold Mine – Namibia

The Otjikoto Mine in Namibia produced 60,068 ounces of gold within the fourth quarter of 2022, which included a month-to-month manufacturing file of 30,493 ounces of gold in December 2022. Quarterly gold manufacturing was barely decrease than anticipated primarily as a result of beforehand disclosed delayed ramp-up of ore manufacturing from the Wolfshag underground mine.

To begin 2023, Wolfshag underground ore manufacturing charges are at anticipated ranges, open pit excessive grade ore stockpile balances are effectively buffered, and mined ore tonnage and grade proceed to reconcile effectively with Otjikoto’s useful resource mannequin.

For the complete 12 months 2022, the Otjikoto Mine produced 161,614 ounces of gold, barely beneath the revised steering vary of 165,000 to 175,000 ounces.

Fourth Quarter and Full Yr 2022 Gold Income

For the fourth quarter of 2022, consolidated gold income was $592 million on gross sales of 339,355 ounces at a median realized gold value of $1,746 per ounce. For the complete 12 months 2022, consolidated gold income was $1,733 million on gross sales of 969,155 ounces at a median realized gold value of $1,788 per ounce.

2023 Manufacturing and Value Steerage

B2Gold expects to proceed its sturdy operational efficiency in 2023 with complete gold manufacturing forecast to be between 1,000,000 and 1,080,000 ounces (together with 60,000 to 70,000 attributable ounces from Calibre).

The Firm’s complete consolidated money working prices for the 12 months (together with estimated attributable outcomes for Calibre) are forecast to be between $670 and $730 per ounce and complete consolidated AISC (together with estimated attributable outcomes for Calibre) are forecast to be between $1,195 and $1,255 per ounce. The slight anticipated enhance within the Firm’s consolidated money working prices per ounce for 2023 replicate greater anticipated costs for gasoline, labour and different key consumables throughout all operations. The rise in AISC per ounce is impacted by greater anticipated sustaining capital expenditures, together with an estimated $181 million in capitalized stripping throughout the three producing mines. Elevated capitalized stripping ranges are as a result of Fekola open pit Part 7 pushback and actions associated to accessing the excessive grade ore on the Otjikoto pit. Whole capitalized stripping expenditures are anticipated to reasonable in 2024.

The Firm’s consolidated gold manufacturing is anticipated to be comparatively constant all through 2023 aside from the Otjikoto mine, the place will probably be weighted 60% to the second half of the 12 months because of the timing of mining excessive grade ore from the Otjikoto pit and a rise in ore tonnage from the Wolfshag underground mine beginning mid-2023.

Fekola Advanced – Mali

The Fekola Advanced’s complete 2023 gold manufacturing is anticipated to be much like 2022. Ore will proceed to be mined from the Fekola and Cardinal pits and preliminary saprolite manufacturing will begin from the Bantako allow within the Fekola Regional space beginning within the third quarter of 2023. Saprolite manufacturing from the Bantako allow is anticipated to contribute roughly 18,000 ounces of gold in 2023 with manufacturing ranges persevering with to ramp-up by way of 2024.

Fekola is anticipated to course of 9 million tonnes of ore throughout 2023 at a median grade of two.20 g/t with a course of gold restoration of 93.4%.

The anticipated enhance in Fekola’s AISC for 2023 displays, predominantly, greater sustaining capital expenditures. Capital expenditures in 2023 at Fekola are anticipated to complete roughly $352 million, of which roughly $214 million is assessed as sustaining capital expenditures and $138 million is assessed as development capital expenditures. Sustaining capital expenditures are anticipated to incorporate, amongst different objects:

• $101 million for capitalized stripping;
• $51 million for brand spanking new and alternative Fekola mining tools, together with capitalized rebuilds; and
• $35 million for building of a brand new Tailings Storage Facility (“TSF”).

Progress capital expenditures are anticipated to incorporate:

• $63 million to develop and equip the Anaconda and Dandoko initiatives;
• $54 million for underground mine growth;
  • Fekola underground ore manufacturing anticipated to begin within the second half of 2025; and
• $16 million for haul highway building to Anaconda and Dandoko initiatives.

Masbate Gold Mine – the Philippines

For 2023, Masbate is anticipated to course of 7.8 million tonnes of ore at a median grade of 0.96 g/t with a course of gold restoration of 74.5%. Gold manufacturing is scheduled to be comparatively constant all through 2023. Mill feed can be a mix of mined contemporary ore sourced from the Major Vein Pit and low-grade ore stockpiles.

The anticipated enhance in Masbate’s AISC for 2023 displays, predominantly, greater sustaining capital expenditures. Capital expenditures for 2023 at Masbate are anticipated to complete $44 million, of which roughly $38 million is assessed as sustaining capital expenditures and $6 million is assessed as development capital expenditures. Sustaining capital expenditures are anticipated to incorporate, amongst different objects:

• $9 million for capitalized stripping;
• $18 million for mining tools alternative and rebuilds; and
• $4 million for TSF growth and tools.

Progress capital expenditures are anticipated to incorporate:

• $5 million for land acquisition and growth.

Otjikoto Gold Mine – Namibia

For 2023, Otjikoto is anticipated to course of a complete of three.4 million tonnes of ore at a median grade of 1.87 g/t with a course of gold restoration of 98.0%. Within the first half of 2023, processed ore can be sourced from the Otjikoto pit and the Wolfshag underground mine, supplemented by present medium and excessive grade ore stockpiles. Otjikoto’s gold manufacturing is anticipated to be weighted roughly 60% to the second half of 2023 as a result of timing of excessive grade ore mining from the Otjikoto pit and elevated ore volumes from the Wolfshag underground mine.

The anticipated lower in Otjikoto’s AISC for 2023 displays the advantages of processing greater grade ore from the Otjikoto pit and the Wolfshag underground mine. Capital expenditures in 2023 at Otjikoto are anticipated to complete $77 million, of which roughly $74 million is assessed as sustaining capital expenditures and $3 million is assessed as development capital expenditures. Sustaining capital expenditures are anticipated to incorporate, amongst different objects:

• $71 million for capitalized stripping and capitalized growth; and
• $3 million for cellular tools rebuilds.

Exploration

B2Gold is planning one other 12 months of intensive exploration in 2023 with a funds of roughly $64 million. A big focus can be in proximity to our working mines in Mali, Namibia and the Philippines. Ongoing exploration will proceed to advance our early stage initiatives in Finland and Cote d’Ivoire. Goal technology and pursuing new alternatives in potential gold areas in Africa, South America, the Philippines, Central Asia and Canada proceed. This generative initiative might embrace fairness placements and new joint ventures with junior corporations, much like the 2022 settlement with Matador Mining Ltd. on their Cape Ray Gold undertaking in Newfoundland.

West African Exploration

In 2023, a complete of roughly $35 million is budgeted for exploration in Mali with an ongoing concentrate on the Anaconda Space (together with the Bantako allow and the Menankoto allow). The extensions of identified potential constructions within the Anaconda space and on the Fekola Mine are additionally being focused within the space between them on the newly acquired and comparatively underexplored Bakalobi allow. The Dandoko allow positioned to the east of Fekola additionally gives a spotlight for exploration. A complete of 127,000 meters of diamond and reverse circulation drilling is deliberate for Mali in 2023.

Within the Anaconda space, drilling can be directed at rising the present saprolite Indicated Mineral Useful resource and increasing the Inferred Mineral Useful resource. This can feed into and help the continued engineering research of stand-alone mill and oxide processing services on the Anaconda space. The success of the drilling campaigns pursuing sulphide materials beneath the saprolite mineralisation will proceed on the Mamba, Cobra and Adder zones within the Anaconda space.

The mineralized constructions recognized on the Fekola Mine observe northward onto the Bakalobi allow and onward onto the Anaconda space. Drilling undertaken in 2022 has already recognized vital mineralisation on the southward extensions of the Cobra and Adder zones. Drilling will proceed to advance these zones of gold mineralization, that are contiguous from saprolite to contemporary rock.

One other north trending construction parallel to and roughly 25 kilometers east of the Fekola construction is being drilled on the Dandoko allow. This allow was acquired from Oklo Sources in September 2022. Oklo delivered an preliminary JORC 2012 compliant Measured and Indicated Mineral Useful resource estimate of 8.70 million tonnes at 1.88 grams per tonne (“g/t”) gold for 528,000 ounces of gold and an Inferred Mineral Useful resource estimate of two.63 million tonnes at 1.67 g/t gold for 141,000 ounces of gold. The mineral assets are distributed throughout the Seko, Koko, Disse and Diabarou deposits, which all stay open and are anticipated to develop with ongoing exploration drilling each alongside strike and at depth.

$2 million is included within the Mali funds to pursue a number of grassroots targets on different permits held in West Mali.

The Philippines Exploration

The full funds for the Philippines in 2023 is $6 million, of which the Masbate exploration funds is $4 million, together with roughly 8,000 meters of drilling. The 2023 exploration program will proceed to concentrate on changing inferred mineral useful resource areas beneath present design pits, to help increasing the present open pits. A number of grassroot greenfield targets can be additional examined as effectively.

$1 million can be utilized to focusing on new regional initiatives in extremely potential areas within the Philippines, leveraging off our presence and operational expertise within the nation.

Namibia Exploration

The full exploration funds for Namibia in 2023 is roughly $3 million. Exploration in 2023 will embrace 16,320 meters of diamond and reverse circulation drilling and three,400 meters of RAB drilling on the Otjikoto Mine. A lot of the diamond drilling will goal the southern extension of the Otjikoto construction, in addition to a number of regional targets.

Grassroots Exploration

B2Gold has allotted roughly $24 million (together with $3 million for the grassroots initiatives in Mali and the Philippines) in 2023 for its grassroots exploration applications, together with Finland, Cote d’Ivoire, Uzbekistan and a number of other new areas. This additionally features a funds allocation for goal technology and pursuing new alternatives in potential gold areas of Africa, South America, the Philippines, Central Asia and Canada.

In Finland, the Firm has allotted $6 million to fund its 70% contribution to the Central Lapland Joint Enterprise with Aurion Sources Ltd. Drilling will proceed on the Helmi pattern, which is the westward extension of Rupert Sources’ Ikkari discovery. This pattern coincides with B2Gold’s base-of-till drilling and seems to be hosted by the identical construction as Ikkari, primarily based the interpretation of airborne geophysical information. A complete of 11,600 meters of diamond drilling is deliberate for Finland. B2Gold can even fund exploration on the early stage conceptual goal that’s a part of the Kuortis Joint Enterprise, additionally with Aurion Sources Ltd.

A funds of $3 million has been allotted for ongoing exploration in Cote d’Ivoire. The 2023 program will embrace comply with up work on constructive soil geochemical anomalies outlined in 2022 on the wholly owned Guiberoua / Soubre properties in southwest Cote d’Ivoire. A complete 6,000 meters of diamond and reverse circulation drilling and 14,000 meters of aircore and auger drilling is deliberate.

Along with the outlined applications famous above, the Firm has allotted roughly $12 million for the technology of latest greenfields targets.

Lisa Pankratz Appointed to B2Gold’s Board of Administrators

Lisa Pankratz has over 30 years of expertise within the funding business and capital markets in each govt and advisory capacities, working with multinational and worldwide corporations. For over 20 years, she has served as a board member of companies within the monetary companies and international media industries. Ms. Pankratz at the moment serves as Chair of the board of UBC Funding Administration Belief Inc. and of the HSBC Impartial Overview Committee for HSBC World Asset Administration (Canada) Restricted. She beforehand served on the boards of IA Clarington Investments, the Canadian Museum for Human Rights, Canwest Media, Inc., The Insurance coverage Company of British Columbia, and was a member of the Accounting Coverage and Advisory Committee advising the Ministry of Finance for the Province of British Columbia. From 2006 to 2010, she was the President of Mackenzie Cundill Funding Administration Ltd., and from 2002 to 2006 was the President, Chief Compliance Officer and Director of Cundill Funding Analysis Ltd. and the Chief Compliance Officer of The Cundill Group. Ms. Pankratz is a Fellow of the Institute of Chartered Skilled Accountants of British Columbia and a Chartered Monetary Analyst constitution holder. She acquired an Honours Bachelor of Arts in Enterprise Administration from the Richard Ivey College of Enterprise on the College of Western Ontario.

Certified Individuals

Invoice Lytle, Senior Vice President and Chief Working Officer, a certified individual below NI 43-101, has authorized the scientific and technical info associated to operations issues contained on this information launch.

Brian Scott, P. Geo., Vice President, Geology & Technical Providers, a certified individual below NI 43-101, has authorized the scientific and technical info associated to exploration and mineral useful resource issues contained on this information launch.

About B2Gold Corp.

B2Gold is a low-cost worldwide senior gold producer headquartered in Vancouver, Canada. Based in 2007, immediately, B2Gold has working gold mines in Mali, Namibia and the Philippines and quite a few exploration and growth initiatives in varied nations together with Mali, Colombia, Finland and Uzbekistan. B2Gold forecasts complete consolidated gold manufacturing of between 1,000,000 and 1,080,000 ounces in 2023.

ON BEHALF OF B2GOLD CORP.

“Clive T. Johnson”
President and Chief Govt Officer

The Toronto Inventory Change and NYSE American LLC neither approve nor disapprove the knowledge contained on this information launch.

Manufacturing outcomes and manufacturing steering introduced on this information launch replicate complete manufacturing on the mines B2Gold operates on a 100% undertaking foundation. Please see our Annual Info Type dated March 30, 2022 for a dialogue of our possession curiosity within the mines B2Gold operates.

This information launch consists of sure “forward-looking info” and “forward-looking statements” (collectively forward-looking statements”) throughout the which means of relevant Canadian and United States securities laws, together with: projections; outlook; steering; forecasts; estimates; and different statements relating to future or estimated monetary and operational efficiency, gold manufacturing and gross sales, revenues and money flows, and capital prices (sustaining and non-sustaining) and working prices, together with projected money working prices and AISC, and budgets on a consolidated and mine by mine foundation; and together with, with out limitation: projected gold manufacturing, money working prices and AISC on a consolidated and mine by mine foundation in 2023; complete consolidated money working prices for 2022 being between $610 and $660 per ounce and at AISC of between $1,010 and $1,050 per ounce; complete consolidated gold manufacturing of between 1,000,000 and 1,080,000 ounces in 2023, with money working prices of between $670 and $730 per ounce and AISC of between $1,195 and $1,255 per ounce; the Firm’s consolidated gold manufacturing to be comparatively constant all through 2023 aside from the Otjikoto mine, the place will probably be weighted 60% to the second half of the 12 months; the Firm’s complete capitalized stripping expenditures moderating in 2024; the potential for Fekola Regional (Anaconda space) to offer saprolite materials to feed the Fekola mill beginning within the third quarter of 2023; the timing and outcomes of a research for the Fekola Regional (Anaconda space) to evaluate the undertaking economics of a stand-alone oxide mill; the potential for the Fekola complicated to supply 800,000 ounces of gold per 12 months beginning in 2026; and B2Gold’s attributable share of Calibre’s manufacturing. All statements on this information launch that handle occasions or developments that we count on to happen sooner or later are forward-looking statements. Ahead-looking statements are statements that aren’t historic information and are typically, though not all the time, recognized by phrases corresponding to “count on”, “plan”, “anticipate”, “undertaking”, “goal”, “potential”, “schedule”, “forecast”, “funds”, “estimate”, “intend” or “consider” and related expressions or their destructive connotations, or that occasions or situations “will”, “would”, “might”, “might”, “ought to” or “would possibly” happen. All such forward-looking statements are primarily based on the opinions and estimates of administration as of the date such statements are made.

Ahead-looking statements essentially contain assumptions, dangers and uncertainties, sure of that are past B2Gold’s management, together with dangers related to or associated to: the volatility of steel costs and B2Gold’s widespread shares; adjustments in tax legal guidelines; the risks inherent in exploration, growth and mining actions; the uncertainty of reserve and useful resource estimates; not reaching manufacturing, value or different estimates; precise manufacturing, growth plans and prices differing materially from the estimates in B2Gold’s feasibility and different research; the power to acquire and keep any vital permits, consents or authorizations required for mining actions; environmental laws or hazards and compliance with complicated laws related to mining actions; local weather change and local weather change laws; the power to interchange mineral reserves and establish acquisition alternatives; the unknown liabilities of corporations acquired by B2Gold; the power to efficiently combine new acquisitions; fluctuations in trade charges; the provision of financing; financing and debt actions, together with potential restrictions imposed on B2Gold’s operations consequently thereof and the power to generate ample money flows; operations in international and creating nations and the compliance with international legal guidelines, together with these related to operations in Mali, Namibia, the Philippines and Colombia and together with dangers associated to adjustments in international legal guidelines and altering insurance policies associated to mining and native possession necessities or useful resource nationalization typically; distant operations and the provision of satisfactory infrastructure; fluctuations in value and availability of vitality and different inputs vital for mining operations; shortages or value will increase in vital tools, provides and labour; regulatory, political and nation dangers, together with native instability or acts of terrorism and the consequences thereof; the reliance upon contractors, third events and three way partnership companions; the dearth of sole decision-making authority associated to Filminera Sources Company, which owns the Masbate Venture; challenges to title or floor rights; the dependence on key personnel and the power to draw and retain expert personnel; the chance of an uninsurable or uninsured loss; opposed local weather and climate situations; litigation threat; competitors with different mining corporations; neighborhood help for B2Gold’s operations, together with dangers associated to strikes and the halting of such operations once in a while; conflicts with small scale miners; failures of knowledge methods or info safety threats; the power to keep up satisfactory inside controls over monetary reporting as required by legislation, together with Part 404 of the Sarbanes-Oxley Act; compliance with anti-corruption legal guidelines, and sanctions or different related measures; social media and B2Gold’s fame; dangers affecting Calibre having an affect on the worth of the Firm’s funding in Calibre, and potential dilution of our fairness curiosity in Calibre; in addition to different components recognized and as described in additional element below the heading “Threat Elements” in B2Gold’s most up-to-date Annual Info Type, B2Gold’s present Type 40-F Annual Report and B2Gold’s different filings with Canadian securities regulators and the U.S. Securities and Change Fee (the “SEC”), which can be considered at www.sedar.com and www.sec.gov, respectively (the “Web sites”). The listing just isn’t exhaustive of the components that will have an effect on B2Gold’s forward-looking statements.

B2Gold’s forward-looking statements are primarily based on the relevant assumptions and components administration considers affordable as of the date hereof, primarily based on the knowledge accessible to administration at such time. These assumptions and components embrace, however should not restricted to, assumptions and components associated to B2Gold’s means to hold on present and future operations, together with: the length and results of COVID-19 on our operations and workforce; growth and exploration actions; the timing, extent, length and financial viability of such operations, together with any mineral assets or reserves recognized thereby; the accuracy and reliability of estimates, projections, forecasts, research and assessments; B2Gold’s means to fulfill or obtain estimates, projections and forecasts; the provision and price of inputs; the value and marketplace for outputs, together with gold; international trade charges; taxation ranges; the well timed receipt of vital approvals or permits; the power to fulfill present and future obligations; the power to acquire well timed financing on affordable phrases when required; the present and future social, financial and political situations; and different assumptions and components typically related to the mining business.

B2Gold’s forward-looking statements are primarily based on the opinions and estimates of administration and replicate their present expectations relating to future occasions and working efficiency and communicate solely as of the date hereof. B2Gold doesn’t assume any obligation to replace forward-looking statements if circumstances or administration’s beliefs, expectations or opinions ought to change apart from as required by relevant legislation. There might be no assurance that forward-looking statements will show to be correct, and precise outcomes, efficiency or achievements might differ materially from these expressed in, or implied by, these forward-looking statements. Accordingly, no assurance might be provided that any occasions anticipated by the forward-looking statements will transpire or happen, or if any of them do, what advantages or liabilities B2Gold will derive therefrom. For the explanations set forth above, undue reliance shouldn’t be positioned on forward-looking statements.

Non-IFRS Measures
This information launch consists of sure phrases or efficiency measures generally used within the mining business that aren’t outlined below Worldwide Monetary Reporting Requirements (“IFRS”), together with “money working prices” and “all-in sustaining prices” (or “AISC”). Non-IFRS measures would not have any standardized which means prescribed below IFRS, and subsequently they will not be similar to related measures employed by different corporations. The information introduced is meant to offer further info and shouldn’t be thought of in isolation or as an alternative choice to measures of efficiency ready in accordance with IFRS and must be learn together with B2Gold’s consolidated monetary statements. Readers ought to confer with B2Gold’s Administration Dialogue and Evaluation, accessible on the Web sites, below the heading “Non-IFRS Measures” for a extra detailed dialogue of how B2Gold calculates sure of such measures and a reconciliation of sure measures to IFRS phrases.

For extra info on B2Gold please go to the Firm web site at www.b2gold.com or contact: Michael McDonald VP, Investor Relations & Company Improvement  +1 604-681-8371 investor@b2gold.com     Cherry DeGeer Director, Company Communications +1 604-681-8371  investor@b2gold.com