B2Gold has filed its Form 40-F
March 23 2018 - 7:26PM
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 Company’s Annual
Information Form, audited Financial Statements and Management’s
Discussion & Analysis for the year ended December 31, 2017.
B2Gold shareholders may receive a hard copy of
the Company’s complete audited financial statements for the year
ended December 31, 2017, free of charge, 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
Philippines, 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 versus 2017. B2Gold’s forecast consolidated cash operating
costs are expected to remain low in 2018 (between $505 and $550 per
ounce) and all-in sustaining costs are expected to decrease by
approximately 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
Vice President, Investor Relations
604-681-8371
imaclean@b2gold.com
Katie BromleyManager, Investor Relations &
Public Relations604-681-8371kbromley@b2gold.com
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",
"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 the volatility of metal prices and
our common shares; risks and dangers inherent in exploration,
development 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 materially from the estimates in our feasibility 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 acquisitions; 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;
regulatory, 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 and retain skilled personnel; the risk of an
uninsurable or uninsured loss; adverse climate and weather
conditions; litigation risk; competition 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 outcome
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.sedar.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 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. The Company's forward-looking statements
reflect current expectations regarding future events and operating
performance and speak only 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 MeasuresThis 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 should 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.