You will read about Sabina on our website as their iron formation hosted gold deposit is analogous to our Pistol Lake property. We are located at the northern edge of their BackRiver property and close to their Marine Laydown area.

Under the terms of the transaction, B2Gold will issue 0.3867 of a common share of B2Gold (each whole share, a “B2Gold Share”) for each Sabina common share (“Sabina Share”) held, representing consideration of C$1.87 per Sabina Share on a fully-diluted basis and a total equity value for Sabina of approximately C$1.1 billion based on the closing price of B2Gold on the Toronto Stock Exchange (“TSX”) as of February 10, 2023.