Sandbox Royalties to acquire 10 precious and base metals royalties from B2Gold for $90m.

Sandbox Royalties, a mining royalties holding company, agreed to acquire 10 precious and base metals royalties from B2Gold, a low-cost international senior gold producer, for $90m. “This strategic partnership provides B2Gold with an attractive opportunity to unlock the value of our royalties which have gone largely unrecognized by the market and were not a core part of our business. As a significant shareholder, B2Gold is pleased to retain meaningful upside exposure and leverage to Versamet as its experienced management team stewards its strengthened asset base and continues executing on its growth strategy to create future shareholder value,” Clive Johnson, B2Gold President and CEO.