B2Gold has filed its Form 40-F

News Release

B2Gold has filed its Form 40-F

Vancouver, March 23, 2018 - B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G)

(“B2Gold” or the “Company”) has filed with the U.S. Securities and Exchange Commission (the “SEC”)

its SEC Annual Report on Form 40-F for the year ended December 31, 2017. The Form 40-F was filed on

Friday, March 23, 2018. This includes the Compan y’s Annual Information Fo rm, audited Financial

Statements and Management’s Discussion & Analysis for the year ended December 31, 2017.

B2Gold shareholders may receive a hard copy of th e Company’s complete audited financial statements

for the year ended December 31, 2017, free of char ge, upon request. For further information please visit

the Company website at www.b2gold.com.

About B2Gold

Headquartered in Vancouver, Canada, B2Gold Corp. is the world’s new senior gold producer. Founded in

2007, today, B2Gold has five operating gold mines and numerous exploration and development projects

in various countries including Nicaragua, the Philippin es, Namibia, Mali, Burkina Faso, Colombia and

Finland.

B2Gold is well positioned in achieving transformational growth in 2018. With the planned first full year

of production from the large, low-cost Fekola Mine in southwest Mali, consolidated gold production is

forecast to be between 910,000 and 950,000 ounces. This represents an increase in annual consolidated

gold production of approximately 300,000 ounces in 2018 ve rsus 2017. B2Gold’s forecast consolidated

cash operating costs are expected to remain low in 2018 (between $5 05 and $550 per ounce) and all-in

sustaining costs are expected to decrease by a pproximately 6% versus 2017 (between $780 and $830 per

ounce).

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:

Ian MacLean Katie Bromley

Vice President, Investor Relations Manage r, Investor Relations & Public Relations

604-681-8371 604-681-8371

[email protected] [email protected]

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 statements regarding the Company’s growth; future gold production, cash operating costs and all-in

sustaining costs. 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", "es timate", "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 necessar ily involve assumptions, risk s and uncertainties, certain

of which are beyond B2Gold's control, including risks associated with the volatility of metal prices and our common

shares; risks and dangers inherent in exploration, devel opment and mining activities; uncertainty of reserve and

resource estimates; risk of not achieving production, cost or other estimates; risk that actual production,

development plans and costs differ materi ally from the estimates in our feasib ility studies; risks related to hedging

activities and ore purchase commitments; the ability to obtain and maintain any necessary permits, consents or

authorizations required for mining activities; uncertainty about the outcome of negotiations with the Government of

Mali; risks related to environmental regulations or hazards and compliance with complex regulations associated

with mining activities; the ability to replace mineral reserves and identify acquisition opportunities; unknown

liabilities of companies acquired by B2Gold; ability to successfully integrate new ac quisitions; fluctuations in

exchange rates; availability of financing and financing risks; risks related to operations in foreign countries and

compliance with foreign laws; risks related to remote operations and the availability 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; re gulatory, political and country risks; risks related to

reliance upon contractors, third parties and joint venture partners; challenges to title or surface rights; dependence

on key personnel and ability to attract a nd retain skilled personnel; the risk of an uninsurable or uninsured loss;

adverse climate and weather conditions; litigation risk; comp etition with other mining companies; changes in tax

laws; community support for our operations including risks related to strikes and the halting of such operations

from time to time; risks related to failures of information systems or information security threats; the audit by the

DENR in relation to our Masbate project and the final ou tcome thereof; ability to maintain adequate internal

control over financial reporting as required by law; 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 and B2Gold's other

filings with Canadian securities regulators and the U.S. Securities and Exchange Commission (the "SEC"),

including the Form 40-F, which may be viewed at www.se dar.com and www.sec.gov, respectively. The list is not

exhaustive of the factors that may affect the Company's forward-looking statements. There can be no assurance that

such statements will prove to be accurate, and actual re sults, performance or achievem ents 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. The Company's forward-looking statements reflect current

expectations regarding future events and operating performance and speak on ly as of the date hereof and the

Company 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. For the reasons set forth

above, undue reliance should not be placed on forward-looking statements.

Non-IFRS Measures

This news release includes certain terms or performance measures commonly used in the mining industry that are

not defined under International Financial Reporting Standards (“IFRS”), including “cash operating costs” and

“all-in sustaining costs” (or “AISC”). Non-IFRS measures do not have any standardized meaning prescribed under

IFRS, and therefore they may not be comparable to similar measures employed by other companies. The data

presented is intended to provide additional information and sh ould not be considered in isolation or as a substitute

for measures of performance prepared in accordance with IFRS and should be read in conjunction with B2Gold’s

consolidated financial statements. Readers should refer to B2Gold’s management discussion and analysis, available

on the Websites, under the heading “Non-IFRS Measures” for a more detailed discussion of how B2Gold calculates

such measures and reconciliation of certain measures to IFRS terms.