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     289  0 Kommentare Sabina Gold & Silver Mails Special Meeting Materials for B2Gold Transaction to Shareholders

    VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp. (“Sabina”) or (the “Company”) (SBB – TSX/ SGSVF - OTCQX) is pleased to announce that the management information circular and related materials associated with the upcoming special meeting (the “Special Meeting”) of shareholders of the Company (the “Shareholders”) to be held on April 12, 2023 are being mailed today to Shareholders and have been filed under the Company’s profile on SEDAR. The Special Meeting is being held in connection with the proposed acquisition of all of the issued and outstanding shares of the Company (the “Sabina Shares”) by B2Gold Corp. (“B2Gold”) previously announced on February 13, 2023 (the “Transaction”).

    On March 8, 2023, Sabina obtained an interim order (the “Interim Order”) from the Supreme Court of British Columbia (the “Court”) authorizing the holding of the Special Meeting and matters relating to the conduct of the Special Meeting. At the Special Meeting, Shareholders will be asked to consider and, if deemed acceptable, pass a special resolution (the “Arrangement Resolution”) to approve an arrangement with B2Gold and 1400437 B.C. Ltd., a wholly-owned subsidiary of B2Gold (“Subco”), pursuant to a statutory plan of arrangement under Section 288 of the Business Corporations Act (British Columbia) (the “Plan of Arrangement”), whereby B2Gold will acquire all of the issued and outstanding shares of the Company, with Shareholders receiving 0.3867 of a common share of B2Gold for each Sabina Share held (the “Consideration”). The Transaction will be carried out pursuant to the terms of an arrangement agreement dated February 12, 2023 between the Company, B2Gold and Subco (the “Arrangement Agreement”) and the terms of the Plan of Arrangement.

    Pursuant to the terms of the Interim Order, Shareholders of record at the close of business on March 13, 2023 (the “Record Date”) will be entitled to vote at the Special Meeting, with each such Shareholder entitled to one vote per each Sabina Share held. Shareholders are encouraged to vote well in advance of the proxy voting deadline of April 10, 2023 at 9:00 a.m. (Pacific Time).

    The Board of Directors of the Company (the “Board”) unanimously recommends Shareholders vote FOR the Arrangement Resolution, in accordance with the instructions set out in the meeting materials. Each director and officer of the Company intends to vote all of such director’s and officer’s Sabina Shares FOR the Arrangement Resolution.

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    Sabina Gold & Silver Mails Special Meeting Materials for B2Gold Transaction to Shareholders VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) - Sabina Gold & Silver Corp. (“Sabina”) or (the “Company”) (SBB – TSX/ SGSVF - OTCQX) is pleased to announce that the management information circular and related materials associated …

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