B2Gold Announces CDN$1,000,000 of Financial Support to Community Organizations in Metro Vancouver and British Columbia, including $100,000 to the Canadian Red Cross to Support the Ongoing Flood Relief and Recovery Efforts across the Province
News Release
B2Gold Announces CDN$1,000,000 of Financial Support to Community Organizations in
Metro Vancouver and British Columbia, including $100,000 to the Canadian Red Cross to
Support the Ongoing Flood Relief and Recovery Efforts across the Province
Vancouver, BC, December 23, 2021 – B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G)
(“B2Gold” or the “Company”) is pleased to announce that the Company is providing further financial
support to community organizations in Metro Vancouver and other areas of British Columbia in order to
help the region’s most vulnerable and at-risk local communities. Through its More than Mining Fund ,
this year, B2Gold is donating CDN$1,000,000. This includes CDN$100,000 to the Canadian Red Cross
to support the ongoing relief efforts, long-term recovery, resiliency and risk reduction activities in response
to the heavy rains, flooding and mudslides across British Columbia last month.
As part of its ongoing commitment, B2Gold is allocating CDN$750,000 to provide further financial support
to four partner organizations in Metro Vancouver to assist with their continued response to address the
social issues in Metro Vancouver that are further impacted by the COVID-19 pandemic:
• CDN$250,000 is being donated to Greater Vancouver Food Bank (“GVFB”) to support people
who are struggling to meet their need for food:
Since the onset of the COVID-19 pandemic and the rising unemployment rate and consequent loss of
income, the demand for food support in the local community has increased dramatically – and
continues to rise. In order to meet this demand, the GVFB provides healthy food to those in need,
supporting 10,000 clients and 110 Community Agency Partners each month across Greater
Vancouver;
• CDN$200,000 is being donated to Covenant House Vancouver (“Covenant House”) to help
provide shelter and crucial support to homeless and at-risk youth:
The ongoing opioid crisis and the COVID-19 pandemic have been extremely challenging for youth
experiencing homelessness and have compounded the trauma that many individuals already faced.
Covenant House offers a continuum of services, based on evidence-informed theories and practices,
that care for the entire person. Programs range from outreach, drop-in and supported housing, to
integrated mental and physical support services that enable youth to transition to independent living;
• CDN$200,000 is being donated to PHS Community Services Society (“PHS”) and CDN$100,000
is being donated to The Bloom Group Community Services Society (“The Bloom Group”) to
assist with housing, health care, harm reduction and poverty:
Vulnerable communities in Metro Vancouver, such as Vancouver’s Downtown Eastside, have long
struggled with issues of homelessness, poverty, mental health and substance dependencies. COVID-
19 has escalated these issues, as evident by the spike in community overdoses since the pandemic
began and associated community safety concerns. PHS and The Bloom Group provide housing
solutions, health care, harm reduction and health promotion for some of the most at-risk, under-served
and often overlooked residents in Vancouver and Victoria.
B2Gold is also donating to various other initiatives that align with the Company’s More than Mining Fund
criteria. Funds are being donated to PLEA Community Services’ Children of the Street Program to support
the delivery of their prevention programs and services that give children and families information and
practical tools to help keep young people safe from all forms of sexual exploitation ; Ronald McDonald
House BC & Yukon to support the equipment needs for their Musical Therapy Program for children with
cancer; and YWCA Metro Vancouver to support their Violence Prevention Program for women.
In addition, the Company is donating CDN$100,000 to the Canadian Red Cross to support the ongoing
relief efforts, long-term recovery, resiliency and risk reduction activities in and beyond the region at the
individual and community levels in response to the heavy rains, flooding and mudslides across British
Columbia last month which impacted people, animals and livestock, businesses and critical infrastructure.
The Federal Government of Canada and the Provincial Government of British Columbia will each match
every dollar donated to the Canadian Red Cross 2021 British Columbia Floods & Extreme Weather Appeal
until December 26, 2021. This means that B2Gold’s donation to support those affected by the floods and
extreme weather conditions will equate to $300,000.
“The devasting flooding and extreme weather events that occurred for several weeks, starting in November,
impacted the lives of thousands o f British Columbians,” said Pat Quealey, Canadian Red Cross Vice
President for BC and Yukon. “The Canadian Red Cross is grateful for this generous contribution, as these
funds will help the people directly impacted by this disaster along their journey to recovery.”
“Once again, as a Canadian company based in Vancouver, we are pleased to be working with valuable local
community organizations that provide the much -needed social programs for food security, mental health
services, shelter and housing to Metro Vancouver’s most vulnerable,” said Liane Kelly, a company director
and advisor for B2Gold’s More than Mining Fund. “ Since the beginning of last year , COVID -19 has
presented many local businesses, families and individuals in our communities with many unexpected
challenges. In addition to grappling with the continued impact of the pandemic, the effects of this year’s
extreme weather have led to unprecedented natural disasters – from a historic deadly heatwave to
catastrophic heavy rains. These have ravaged the province and impacted the lives of so many , which has
been incredibly devastating and heartbreaking. We are relieved to know that our CDN$1,000,000
contribution will again help make a difference again for these crucial local community organizations in
dealing with such complex challenges.”
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, Finland and
Uzbekistan. B2Gold forecasts total consolidated gold production of between 1,015,000 and 1,050,000
ounces in 2021.
About More than Mining Fund
B2Gold is a responsible Canadian mining company that demonstrates leadership by going beyond industry
standards and continuing to raise the bar on its own performance. The Company’s principles of fairness,
respect, transparency and accountability form the basis of its corporate culture and are applied to each of
its corporate social responsibility (“CSR”) projects around the world where it operates.
B2Gold is also committed to supporting CSR projects where the company is headquartered and, in 2019,
established the More Than Mining Fund with the aim to address complex social issues locally in
Vancouver, Canada. To date, B2Gold’s Fund has invested over $2,000,000 in programs run by Canadian
organizations that are on the frontlines in assisting youth, people at risk, and the most vulnerable who are
dealing with challenges associated with poverty, mental health, addiction, violence and abuse.
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.com or 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]
The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in
this news release.
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" (collecti vely
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 operatio nal performance, gold production and sales, revenues and cash flows, and capital costs
(sustaining and non -sustaining) and operating costs, and including, without limitation: total consolidated gold
production of between 1,015,000 and 1,050,000 ounces in 2021. 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 alway s, 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 re spond 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 es timates; 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 id entify 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 Philippine and Colombia 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; rem ote 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, politica l 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 me dia 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 vie wed 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 mana gement 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 fut ure 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, i ncluding 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 futu re 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 reli ance should not
be placed on forward-looking statements.