- B2Gold announced today that it has completed the previously announced plan of arrangement to acquire all of the issued and outstanding common shares of Sabina Gold & Silver Corp.
According to a company statement, the arrangement results in B2Gold acquiring Sabina's 100% owned Back River Gold District located in Nunavut, Canada, which consists of five mineral claims blocks along an 80 kilometre belt. "We are excited to add such a high-quality, high grade gold project in a top mining jurisdiction to our global portfolio, and we are thrilled to welcome the exceptional Sabina team into B2Gold. We also look forward to working with the Kitikmeot Inuit Association and local communities as we advance the construction of the Goose project and our development strategy," said President and CEO Clive Johnson.
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