B2Gold Corp. (TSX:BTO) entered into a definitive scheme implementation agreement to acquire Oklo Resources Limited (ASX:OKU) for AUD 87.6 million on May 26, 2022. As per the transaction, B2Gold Corp. will pay AUD 0.0525 in cash and 0.0206 shares for each share of Oklo Resources Limited. The transaction is unanimously approved by board of directors of B2Gold and Oklo Resources Limited and is subject to approval by the court, approval by Oklo Resources Limited shareholders, approval from Malian minister of mines and approval from the TSX and NYSE American, including in respect of the issuance and listing of new B2Gold Shares. As of August 24, 2022, The NySE approval have been satisfied or waived. As of September 1, 2022, Oklo Resources shareholders has approved the transaction. As of September 7, 2022, the Supreme Court of Western Australia has today made orders approving the scheme of arrangement. The Reimbursement fee of AUD 0.899 million is payable by Oklo Resources to B2Gold. The transaction is expected to complete in September 2022. As of August 3, 2022, The transaction is expected to be completed in mid-September 2022. As of August 3, 2022, Scheme is expected to be effective on September 8, 2022. B2gold Thomson Geer acted as legal advisor to Oklo Resources. King & Wood Mallesons acted as legal advisor to B2Gold Corp. Taylor Collison acted as financial advisor to Oklo Resources. Rachael Pape of Conyers Dill & Pearman acted as legal advisor to B2Gold Corp. (TSX:BTO).

B2Gold Corp. (TSX:BTO) completed the acquisition of Oklo Resources Limited (ASX:OKU) on September 8, 2022.