On September 6, 2023, BeMetals Corp. closed the transaction. The transaction has been approved by the shareholders of the company.

Immediately following closing of the Offering, B2Gold owns 33,276,115 Common Shares representing 18.76%of the issued and outstanding Common Shares on a non-diluted basis and up to 24.39% on a partially diluted basis assuming the conversion of the principal amount of the Debenture into up to 13,200,000 Common Shares.