B2Gold Contributes to COVID-19 Relief Efforts in Namibia

VANCOUVER, BC, July 22, 2020 /CNW/ - B2Gold Corp. (TSX: BTO) (NYSE: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce a contribution of $2 million to assist the Namibian government's COVID-19 relief program. This represents one of the largest private sector contributions to the government's relief fund. All dollar figures are in United States dollars unless otherwise indicated. 

These funds will assist in the purchase of personal protection equipment, food relief packages and hospital equipment (including ventilators) to assist healthcare and frontline workers dealing with the virus and its impact on local populations. B2Gold's support will be channelled through Namibia's Disaster Relief Fund which was established under the Emergency Management Unit of the Office of the Prime Minister. The Unit is responsible for mobilizing resources locally and internationally during a national emergency such as the COVID-19 pandemic. 

In making this announcement, Mr. Clive Johnson, President and CEO of B2Gold, said: "B2Gold is proud to assist the Namibian government in dealing with the impact of the COVID-19 pandemic. Our contribution demonstrates B2Gold's sincere commitment to improve the livelihoods of all Namibians."

B2Gold has made other important contributions this year towards improving livelihoods in Namibia, in line with B2Gold's overall corporate social responsibility strategy. This includes:

• $1.7 million as part of B2Gold's annual contribution that supports projects in the education, livelihoods, health, environment and conservation, and arts and cultural sectors.
  
  
• An initial COVID-19 response contribution of $240,000 in April 2020 that supported both targeted government interventions and the Development Workshop of Namibia, a non-governmental organization which operates through the Namibian Chamber of Environment. This contribution helps fund hygiene, sanitation and food security projects in the informal residential areas of urban townships throughout the country. 

B2Gold operates the Otjikoto mine in Namibia and is the largest Canadian investor and the largest gold producer in the country.

About B2Gold Corp. 

B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, and numerous exploration and development projects in various countries including Mali and Colombia. In 2020, B2Gold forecasts consolidated gold production of between 1,000,000 and 1,055,000 ounces.  

ON BEHALF OF B2GOLD CORP.

"Clive T. Johnson"                                                      
President and Chief Executive Officer                        

For more information on B2Gold, please visit the Company website at www.b2gold.com or contact:

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