VANCOUVER, British Columbia, Nov. 04, 2026 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce its operational and financial results for the third quarter of 2026. All dollar figures are in United States dollars unless otherwise indicated. The consolidated financial statements and Management Discussion and Analysis (“MD&A”) relating to these results are available at www​.b2gold.com.

Third Quarter 2026 Highlights

• Revenue of $836 million on 195,018 gold ounces sold at an average realized price of $4,289 per ounce. Production of 193,321 ounces of gold, on track to deliver full-year production guidance at all operations.
• Cash flow provided by operating activities of $239 million, cash flow from operating activities before changes in working capital¹ of $387 million, and free cash flow² of $48 million, reflecting the first quarter post completion of the prepaid gold sales contracts in June 2026.
• Consolidated all-in sustaining costs³ (“AISC”) of $2,602 per ounce sold. Reduced AISC guidance range to between $2,230 and $2,410 per ounce sold for 2026 (previously between $2,370 and $2,550 per ounce sold) to reflect strong year-to-date operating performance and expected results for the fourth quarter.
• Earnings per share (“EPS”) of $0.31 and adjusted EPS⁴ of $0.14. Included in EPS was an impairment reversal of $253 million for Fekola.
• Returned $59 million to shareholders in the quarter, consisting of $26 million in dividends paid and $33 million of share buy backs under the Company’s normal course issuer bid (“NCIB”).
• Strong financial position, including cash and cash equivalents of $294 million, working capital (defined as current assets less assets classified as held for sale and current liabilities) of $497 million, and an undrawn balance of $705 million on the Company’s revolving credit facility.
• Phase 1 upgrades to the Goose fixed crushing circuit completed, with the circuit now operating at 3,200 tpd following commissioning in mid-October 2026.
• Menankoto exploitation permit granted on August 7, 2026, by the State of Mali. The Company commenced mining pre-stripping activities on the Menankoto permit area in October 2026.
• Fourth quarter of 2026 dividend of $0.02 per share declared on November 4, 2026, payable on December 15, 2026, to shareholders of record as of December 2, 2026.