130,000 oz of Gold / year - Q4 2009

Exploration & production. Properties in Nicaragua, Colombia, Panama & Russia

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Message: B2Gold declares fourth quarter 2020 dividend of $0.04 per share.

News Release Issued: Nov 25, 2020 (10:00am EST)

B2Gold Declares Fourth Quarter 2020 Dividend of $0.04 per share

VANCOUVER, BC, November 25, 2020 /CNW/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: 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 2020 of $0.04 per share (or an expected $0.16 per share on an annualized basis), payable on December 18, 2020, to shareholders of record as of December 8, 2020. 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 Corp. 

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 and Colombia. B2Gold continues to forecast total consolidated gold production of between 1,000,000 and 1,055,000 ounces in 2020.

On Behalf of B2GOLD CORP.

"Clive T. Johnson"                                   
President & Chief Executive Officer                         

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

 Ian MacLean    

Katie Bromley

 Vice President, Investor Relations

Manager, Investor Relations & Public Relations

+1 604-681-8371  

+1 604-681-8371                   

[email protected]

[email protected] 

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