Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! The company said it has acquired 100% of the fully paid ordinary shares of Oklo in consideration for 0.0206 of a common share of B2Gold and A$0.0525 in cash for each Oklo share held.
"The acquisition of Oklo provides B2Gold with an additional landholding of 1,405 km2 covering highly prospective greenstone belts in Mali, West Africa, including the Dandoko project , which now forms part of the Fekola mining complex," the company noted in a statement. "Dandoko's mineral resources are distributed across the Seko, Koko, Disse and Diabarou deposits, all of which remain open and are expected to grow with ongoing exploration drilling both along strike and at depth," B2Gold said.