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BTG - B2Gold News Story

$6.37 -0.1  -0.9%

Last Trade - 25/09/20

Sector
Basic Materials
Size
Large Cap
Market Cap £5.27bn
Enterprise Value £5.21bn
Revenue £1.13bn
Position in Universe 933rd / 6400

BRIEF-B2gold announces financing arrangements to fund Fekola mine construction

Tue 15th March, 2016 9:51am
March 15 (Reuters) - B2Gold Corp  BTO.TO : 
 * Announces financing arrangements to fully fund the Fekola mine construction 
 * Has received approvals for gold prepaid sales financing arrangements of up to 
   $120 million 
 * Says has signed a commitment letter to enter into a euro equivalent of $81 
   million term mining equipment facility 
 * Says has increased the size of the otjikoto equipment loan facility 
 * Projecting gold production in 2016 of between 510,000 to 550,000 ounces, 
   increasing to between 800,000 to 850,000 ounces in 2018 
 * Says in 2016, the company expects to continue to construct the fekola project 
   with work in all major areas 
 
* Source text for Eikon  ID:nCCN1yMmPv  
 
* Further company coverage  BTO.TO  ((Bengaluru Newsroom; +1 646 223 8780))
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