Rupert Resources

Rupert Resources confirms transaction discussions with B2Gold relating to purchase of 70% interest in joint venture between B2Gold and Aurion Resources

Toronto, Ontario (March 11, 2024)  – In response to the announcement today by Aurion Resources Inc. (“Aurion”), Rupert Resources Ltd. (TSX: RUP) (the “Company”) today confirmed that it is in preliminary discussions with B2Gold Corporation (“B2Gold”) regarding the potential purchase of B2Gold’s 70% interest in a joint venture between B2Gold and Aurion that has rights in respect of properties located near the Company’s flagship Ikkari project in northern Finland (the “Possible Transaction”).

No definitive agreement has been entered into at this time, and there can be no assurance that any such agreement will be reached, that any such agreement will ultimately result in a completed transaction or that any of the expected objectives or outcomes will be realized.  The Company intends to provide further updates as circumstances warrant and in accordance with applicable securities laws.