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B2Gold Completes Acquisition of Oklo Resources Limited and its Extensive Land Package near the Fekola Mine

B2Gold Completes Acquisition of Oklo Resources Limited and its Extensive Land Package nea...

articleB2gold Corp.September 20, 20224/company/b2gold-corp/news/b2gold-completes-acquisition-of-oklo-resources-limited-and-its-extensive-land-package-near-the-fekola-mine
B2Gold Completes Acquisition of Oklo Resources Limited and its Extensive Land Package near the Fekola Mine

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[{"type":"text","content":"\n \n \n \n B2Gold Completes Acquisition of Oklo Resources Limited and its Extensive Land Package near the Fekola Mine\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n September 20, 2022\n \n \n /CNW/ - B2Gold Corp. (TSX: BTO) (NYSE-American: BTG) (NSX: B2G) (\"\n \n B2Gold\n \n \") is pleased to announce that it has completed the acquisition of Oklo Resources Limited (ASX: OKU) (\"\n \n Oklo\n \n \"). B2Gold has acquired 100% of the fully paid ordinary shares of Oklo (the \"\n \n Oklo Shares\n \n \") in consideration for 0.0206 of a common share of B2Gold (each whole share, a \"\n \n B2Gold Share\n \n \") and\n \n A$0.0525\n \n in cash for each Oklo Share held. On closing, B2Gold issued 10,742,814 B2Gold Shares to Oklo shareholders, representing approximately 1% of the B2Gold Shares on an undiluted basis, and paid aggregate cash consideration of approximately\n \n A$27.4 million\n \n to Oklo shareholders.\n \n \n The acquisition of Oklo provides B2Gold with an additional landholding of 1,405 km\n \n 2\n \n covering highly prospective greenstone belts in\n \n Mali\n \n ,\n \n West Africa\n \n , including the Dandoko Project (550 km\n \n 2\n \n ), which now forms part of the Fekola Complex. The Dandoko Project is located on a subparallel, north-trending structure east of the prolific Senegal-Mali Shear Zone, approximately 25 kilometers from the Fekola Mine and approximately 25 kilometers from the\n \n Anaconda\n \n area. B2Gold is currently conducting a 2022 Mali drill program of approximately 161,000 meters with a budget of approximately\n \n US$35 million\n \n .\n \n \n In\n \n M...

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