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B2Gold Corp. sells 10 metal royalties to Versamet Royalties Corp., receiving a 33% equity stake worth $90M.
B2Gold Corp. has agreed to sell a portfolio of 10 precious and base metals royalties to Sandbox Royalties Corp., which has been renamed Versamet Royalties Corporation.
In exchange, B2Gold will receive 153.2 million common shares in Versamet, representing a 33% equity interest valued at approximately $90 million.
The transaction allows B2Gold to unlock the value of its royalties, which had been largely unrecognized by the market.
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B2Gold Corp. vende 10 regalías de metales a Versamet Royalties Corp., recibiendo una participación accionaria del 33% por valor de 90 millones de dólares.