B2Gold Announces Renewal of Normal Course Issuer Bid
B2Gold Announces Renewal of Normal Course Issuer Bid
Vancouver, BC, April 1, 2026 – B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (“B2Gold” or
the “Company ”) announces that the Toronto Stock Exchange (the “ TSX”) has accepted the notice of
B2Gold’s intention to renew its normal course issuer bid (the “NCIB”).
The Company’s decision to renew the NCIB is consistent with its shareholder return strategy, and reflective
of the Company's belief that the market may undervalue the common shares of B2Gold (the “Shares”) from
time to time and that the Shares may trade in a price range which may not adequately reflect the value of
the Shares in relation to the business, assets, and prospects of B2Gold from time to time and that purchases
of Shares pursuant to the NCIB may represent an appropriate and desirable use of the Company’s capital.
The Company had 1,337,359,749 Shares issued and outstanding as of March 20 , 2026. The renewed TSX
approval allows the Company to purchase up to 132,662,594 Shares, representing 10% of the public float
as of March 20, 2026, over a period of twelve months commencing on April 3, 2026. The renewed NCIB
will expire no later than April 2, 2027.
All purchases made pursuant to the NCIB will be made on the open market through the facilities of the
TSX, the NYSE American, other designated exchanges and/or alternative trading systems or by such other
means as may be permitted by applicable Canadian and U.S. securities laws. Purchases made on the open
market through the facilities of the TSX, the NYSE American and alternative trading systems will be made
at the prevailing market price at the time of purchase, or such other price as may be permitted by t he TSX
and applicable U.S. securities laws.
The Company will retain discretion whether to make purchases under the NCIB, if any, and to determine
the timing, amount and acceptable price of any such purchases, subject at all times to applicable TSX and
other regulatory requirements. The Shares purchased by B2Gold under the NCIB will be cancelled.
In accordance with TSX rules, any daily purchases (other than pursuant to a block purchase exemption) on
the TSX under the renewed NCIB are limited to a maximum of 1,763,653 Shares, which represents 25% of
the average daily trading volume of 7,054,612 Shares on the TSX for the six months ended February 28,
2026 (and excluding purchases made by the Company under the current NCIB). Purchases on the NYSE
American will be subject to daily limitations and other conditions regarding manner, timing, price and
volume of purchases in order to qualify for the safe harbor provided under applicable U.S. securities laws.
Under B2Gold’s current NCIB, which commenced on April 3, 2025 and expires on April 2, 2026, B2Gold
obtained approval to purchase up to a total of 65,980,840 Shares . Between April 3 , 2025 and March 27 ,
2026, a total of 18,433,881 Shares were purchased through the facilities of the TSX, the NYSE American,
and alternative trading platforms at a weighted-average price of approximately C$6.65 per Share (excluding
commissions).
About B2Gold
B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007,
today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous
development and exploration projects in various countries.
ON BEHALF OF B2GOLD CORP.
“Clive T. Johnson”
President and Chief Executive Officer
For more information on B2Gold please visit the Company website at www.b2gold.com or contact:
Michael McDonald Cherry DeGeer
VP, IR, Corporate Development & Treasury Director, Corporate Communications
+1 604-681-8371 +1 604-681-8371
[email protected] [email protected]
Source: B2Gold Corp.
Forward-looking Statements
This news release contains forward -looking statements which constitute “forward -looking information” within the
meaning of applicable Canadian securities legislation and “forward -looking statements” within the meaning of the
“safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “Forward -looking
Statements”). All statements included herein, other than statements of historical fact, are Forward-looking Statements
and are subject to a variety of known and unknown risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the Forward -looking Statements. The Forward-looking Statements in this
news release include, without limitation, statements relating to the NCIB and the potential purchase of Shares by the
Company in connection therewith. These Forward-looking Statements are based on certain assumptions that B2Gold
has made in respect thereof as at the date of this news release. Often, but not always, these Forward -looking
Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”,
“projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “anticipated”, “estimated”
“containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar
expressions, including negative variations.
Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of B2Gold to be materially different from any results, performance or
achievements expressed or impl ied by the Forward- looking Statements. Such uncertainties and factors include,
without limitation, risks the ability to purchase Shares under the NCIB; as well as those factors discussed under “Risk
Factors” in B2Gold’s Annual Information Form for the fiscal year ended December 31, 2025, a copy of which can be
found on the Company’s profile on the SEDAR+ website at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.
Although B2Gold has attempted to identify important factors that could cause actual actions, events or results to differ
materially from those described in Forward-looking Statements, there may be other factors that cause actions, events
or results to differ from those anticipated, estimated or intended.
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. 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 circumstan ces 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.