B2Gold Corp.   is pleased to announce that its Board of Directors has declared a cash dividend for the fourth quarter of 2021 of $0 .04 per common share , payable on December 17, 2021, to shareholders of record as of December 8, 2021. All dollar figures are in United States Dollars unless otherwise indicated. As part of the long-term strategy to maximize shareholder value, B2Gold expects to declare future ...

 B2Gold Corp. (TSX: BTO) (NYSE: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce that its Board of Directors (the "Board") has declared a cash dividend for the fourth quarter of 2021 of $0 .04 per common share (or an expected $0.16 per share on an annualized basis), payable on December 17, 2021, to shareholders of record as of December 8, 2021. All dollar figures are in United States Dollars unless otherwise indicated.

As part of the long-term strategy to maximize shareholder value, B2Gold expects to declare future quarterly dividends at the same level. This dividend is designated as an "eligible dividend" for the purposes of the Income Tax Act ( Canada ). Dividends paid by B2Gold to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

The declaration and payment of future dividends and the amount of any such dividends will be subject to the determination of the Board, in its sole and absolute discretion, taking into account, among other things, economic conditions, business performance, financial condition, growth plans, expected capital requirements, compliance with the B2Golds's constating documents, all applicable laws, including the rules and policies of any applicable stock exchange, as well as any contractual restrictions on such dividends, including any agreements entered into with lenders to the Company, and any other factors that the Board deems appropriate at the relevant time. There can be no assurance that any dividends will be paid at the intended rate or at all in the future.

About B2Gold

B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada . Founded in 2007, today, B2Gold has operating gold mines in Mali , Namibia and the Philippines and numerous exploration and development projects in various countries including Mali , Colombia , Burkina Faso , Finland and Uzbekistan . B2Gold forecasts total consolidated gold production of between 1,015,000 and 1,055,000 ounces in 2021.


"Clive T. Johnson"
dent & Chief Executive Officer

For more information on B2Gold, please visit the Company website at www.b2gold.com or contact:

Ian MacLean
Vice President, Investor Relations
+1 604-681-8371

Katie Bromley
Manager, Investor Relations & Public Relations
+1 604-681-8371

The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in this news release.

Production results and production guidance presented in this news release reflect total production at the mines B2Gold operates on a 100% project basis. Please see our Annual Information Form dated March 30, 2021 for a discussion of our ownership interest in the mines B2Gold operates.

This news release includes certain "forward-looking information" and "forward-looking statements" (collectively forward-looking statements") within the meaning of applicable Canadian and United States securities legislation, including: projections; outlook; guidance; forecasts; estimates; and other statements regarding future or estimated financial and operational performance, gold production and sales, revenues and cash flows, and capital costs (sustaining and non-sustaining) and operating costs, including projected cash operating costs and AISC, and budgets on a consolidated and mine by mine basis; the impact of the COVID-19 pandemic on B2Gold's operations, including any restrictions or suspensions with respect to our operations and the effect of any such restrictions or suspensions on our financial and operational results; the ability of the Company to successfully maintain our operations if they are temporarily suspended, and to restart or ramp-up these operations efficiently and economically, the impact of COVID-19 on the Company's workforce, suppliers and other essential resources and what effect those impacts, if they occur, would have on our business, our planned capital and exploration expenditures; future or estimated mine life, metal price assumptions, ore grades or sources, gold recovery rates, stripping ratios, throughput, ore processing; statements regarding anticipated exploration, drilling, development, construction, permitting and other activities or achievements of B2Gold; and including, without limitation: projected gold production, cash operating costs and AISC on a consolidated and mine by mine basis in 2021, including production being weighted heavily to the second half of 2021; total consolidated gold production of between 1,015,000 and 1,055,000 ounces in 2021; the potential payment of future dividends, including the timing and amount of any such dividends, and the expectation that quarterly dividends will be maintained at the same level. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.

Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond B2Gold's control, including risks associated with or related to: the duration and extent of the COVID-19 pandemic, the effectiveness of preventative measures and contingency plans put in place by the Company to respond to the COVID-19 pandemic, including, but not limited to, social distancing, a non-essential travel ban, business continuity plans, and efforts to mitigate supply chain disruptions; escalation of travel restrictions on people or products and reductions in the ability of the Company to transport and refine doré; the volatility of metal prices and B2Gold's common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving production, cost or other estimates; actual production, development plans and costs differing materially from the estimates in B2Gold's feasibility and other studies; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; the ability to replace mineral reserves and identify acquisition opportunities; the unknown liabilities of companies acquired by B2Gold; the ability to successfully integrate new acquisitions; fluctuations in exchange rates; the availability of financing; financing and debt activities, including potential restrictions imposed on B2Gold's operations as a result thereof and the ability to generate sufficient cash flows; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Mali , Namibia , the Philippines , Colombia and Burkina Faso and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally, including in response to the COVID-19 outbreak; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; the lack of sole decision-making authority related to Filminera Resources Corporation, which owns the Masbate Project; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for B2Gold's operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law, including Section 404 of the Sarbanes-Oxley Act; compliance with anti-corruption laws, and sanctions or other similar measures; social media and B2Gold's reputation; risks affecting Calibre having an impact on the value of the Company's investment in Calibre, and potential dilution of our equity interest in Calibre; as well as other factors identified and as described in more detail under the heading "Risk Factors" in B2Gold's most recent Annual Information Form, B2Gold's current Form 40-F Annual Report and B2Gold's other filings with Canadian securities regulators and the U.S. Securities and Exchange Commission (the "SEC"), which may be viewed at www.sedar.com and www.sec.gov , respectively (the "Websites"). The list is not exhaustive of the factors that may affect B2Gold's forward-looking statements.

B2Gold's forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to B2Gold's ability to carry on current and future operations, including: the duration and effects of COVID-19 on our operations and workforce; development and exploration activities; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; B2Gold's ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

B2Gold's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. B2Gold does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities B2Gold will derive therefrom. For the reasons set forth above, undue reliance should not be placed on forward-looking statements.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/b2gold-declares-fourth-quarter-2021-dividend-of-0-04-per-share-301432201.html

SOURCE B2Gold Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2021/25/c2699.html

News Provided by Canada Newswire via QuoteMedia

Yamana Gold Announces the Discovery of New Mineralized Zones at Wasamac and Provides an Update on Its Growth Projects

Download a PDF of detailed drill hole results for Wasamac

YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) ("Yamana" or "the Company") is pleased to announce the following updates.

Keep reading... Show less
Canstar Announces New Independent Director and Results of Shareholders' Meeting

Canstar Announces New Independent Director and Results of Shareholders' Meeting


Canstar Resources Inc.

Toronto, Ontario - TheNewswire December 1, 2021 Canstar Resources INC. (TSXV:ROX ) & ( OTC:CSRNF) ("Canstar" or the "Company"), is pleased to announce that Jacqueline Allison has been elected as an independent director to the Canstar board of directors (the "Board"), subject to TSX Venture Exchange ("TSXV") acceptance. In addition, the Company announces that shareholders of the Company ("Shareholders") approved the creation of 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott, as a new Control Person (as such term is defined in the policies of the TSXV) of the Company.  The Company received approval from 99.96% of disinterested Shareholders at the 2021 Annual and Special Meeting of Shareholders ("Meeting"), which was held on November 29, 2021, in Toronto, Canada.  Shareholder approval was also received for adoption of an advance notice by-law ("Advance Notice By-Law") with 99.68% approval, appointment of auditors (99.99% approval) and re-approval of the Company's stock option plan (99.20% approval).

Keep reading... Show less
Orogen Royalties Inc. to Present at Virtual Investor Day V - December 6 - 8 2021

Orogen Royalties Inc. to Present at Virtual Investor Day V - December 6 - 8 2021

Orogen Royalties Inc. (TSXV: OGN) (OTCQX: OGNRF) ("Orogen" or the "Company") is pleased to announce that the Company will be presenting at Virtual Investor Day V ("VID V") sponsored by Laurentian Bank Securities.

Mr. Paddy Nicol, President & CEO will provide an in-depth update on the Company at 10:00 AM ET, Wednesday, December 8, 2021.

Keep reading... Show less
Marvel Increases Private Placement to $1,000,000

Marvel Increases Private Placement to $1,000,000

Marvel Discovery Corp. (TSXV:MARV)(FSE:O4T1)(OTCQB:MARVF); (the "Company") is pleased to announce that due to shareholder demand it has increased the private placement offering previously announced November 24th, 2021. The Company will now be raising up to $1,000,000 by issuing Flow and Non-Flow Through units

Flow-Through units will be issued at a price of $0.13 per unit. Each unit consisting of one Flow-Through common share and one-half of one common share purchase warrant; each whole warrant ("Warrant") entitling the holder to subscribe for and purchase one non-flow-through common share ("Warrant Shares") at a price of $0.25 for a period of 24 months following the acceptance date.

Keep reading... Show less
Sarama Resources Granted New Exploration Permit for Tankoro Deposit in Burkina Faso, Set to List on ASX

Sarama Resources Granted New Exploration Permit for Tankoro Deposit in Burkina Faso, Set to List on ASX

Sarama Resources Ltd. (“Sarama” or the “Company”) (TSX-V:SWA) is pleased to announce that the Government of Burkina Faso has granted(6) the Company a new Exploration Permit (the “Permit”) covering the Tankoro 2 Property (“Tankoro 2” or the “Property”) in south-western Burkina Faso. Receipt of the Permit was the final item outstanding in the Company’s preparations to list on the Australian Securities Exchange (“ASX”) and will allow recommencement of exploration on the Sanutura Project (the “Project”) which hosts a significant mineral resource and an abundance of exploration targets.

The Property is the key component of the Company’s 100%-owned Sanutura Project which covers approximately 1,500km² and is located within the prolific Houndé Belt in south-western Burkina Faso (refer Figure 1). The Project hosts the Tankoro and Bondi Deposits (Figures 2 & 3), which were recently the subject of a significant increase(4) in mineral resources to 0.6Moz Au (Indicated) and 2.3Moz Au (Inferred)(1) . These deposits contain a substantial amount(2) of high-grade and free-milling material which has the potential to support a low capital intensity, staged mine development.

Keep reading... Show less
Puma Exploration Arranges $5,000,000 Private Placement

Puma Exploration Arranges $5,000,000 Private Placement

Puma Exploration Inc. (TSXV:PUMA) (the "Company" or "Puma") announces that it has entered into an agreement with Desjardins Capital Markets (the "Agent"), under which the Agent has agreed to sell, on a marketed private placement basis, up to 10,000,000 flow-through common shares (the "Flow-Through Shares") of the Company at a price of C$0.50 per Flow-Through Share (the "Offer Price") for total gross proceeds of up to C$5,000,000 (the "Offering").

The gross proceeds of the Flow-Through shares sold under the Offering will be used to explore Puma's Williams Brook Gold project located in New Brunswick. The Company agrees that an amount equal to the gross proceeds received by the Company will be used to incur Canadian Exploration Expenses (CEE) which will qualify as "flow-through mining expenditures", (each as defined in the Income Tax Act (Canada) (the "Tax Act") and referred to as a "Qualifying Expenditures") related to the exploration program of the Company. The Company will renounce such Qualifying Expenditures with an effective date of no later than December 31, 2021.

Keep reading... Show less

Top News

Related News