Business
B2Gold Completes Sale of Rhino Gold Bars to Support Community-Backed Black Rhino Conservation in Namibia
B2Gold Completes Sale of Rhino Gold Bars to Support Community-Backed Black Rhino Conserva...
About this update from B2gold Corp.
[{"type":"text","content":"\n \n \n \n B2Gold Completes Sale of Rhino Gold Bars to Support Community-Backed Black Rhino Conservation in Namibia\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{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n \n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n December 18, 2020\n \n /CNW/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (\"B2Gold\" or the \"Company\") is pleased to announce that its entire inventory of limited-edition Rhino Gold Bars have been sold, generating approximately\n \n $1.7 million\n \n to support community-backed black rhino conservation efforts in northwest\n \n Namibia\n \n . All dollar amounts are in United Sates Dollars unless otherwise indicated.\n \n \n The Rhino Gold Bar initiative began in early 2020 when B2Gold announced the ground-breaking donation of 1,000 ounces of gold produced from the Company's Otjikoto mine in\n \n Namibia\n \n to support the preservation of the black rhino population in the country and the communities that protect them.\n \n \n With this donation, B2Gold produced a series of limited-edition Rhino Gold Bars that were available for sale to investors. On one side of the bar a black rhino mother and calf are represented – symbols of hope for the future of the species. The other side shows the Namib desert – an evocative and recognizable image strongly associated with\n \n Namibia\n \n . Bars were sold at the spot price of gold on the date of sale plus a 15% conservation premium and were available in 500g, one ounce and half ounce denominations.\n \n \n Commenting on the Rhino Gold Bar initiative, B2Gold President and CEO\n \n Clive Johnson\n \n said: \"We are mining gold that was deposited in\n \n Namibia\n \n over 500 million years ago and using it to save an animal that has been roaming the planet for 50 million years. This is a whole new way of looking at conservation ...