B2GOLD CORP

Ticker: BTG CUSIP: 11777Q209 Class: COM

TOCQUEVILLE ASSET MANAGEMENT L.P.'s Holding History (CIK: 0000883961)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 17,995,331 Value ($000) $72,161 Avg Close $2.82 Range $2.48 - $3.26

Q3 2019

Shares 18,731,331 Value ($000) $60,502 Avg Close $2.69 Range $2.30 - $3.21

Q2 2019

Shares 19,093,331 Value ($000) $57,853 Avg Close $2.18 Range $1.92 - $2.52

Q1 2019

Shares 19,447,331 Value ($000) $54,647 Avg Close $2.38 Range $2.10 - $2.68

Q4 2018

Shares 19,721,931 Value ($000) $57,588 Avg Close $2.08 Range $1.81 - $2.35

Q3 2018

Shares 20,583,031 Value ($000) $47,341 Avg Close $1.89 Range $1.68 - $2.08

Q2 2018

Shares 20,583,031 Value ($000) $53,104 Avg Close $2.18 Range $2.01 - $2.41

Q1 2018

Shares 23,439,731 Value ($000) $63,990 Avg Close $2.35 Range $2.12 - $2.64

Q4 2017

Shares 24,504,731 Value ($000) $75,965 Avg Close $2.15 Range $1.94 - $2.50

Q3 2017

Shares 26,135,231 Value ($000) $73,179 Avg Close $2.11 Range $1.85 - $2.31

Q2 2017

Shares 27,070,031 Value ($000) $76,067 Avg Close $2.11 Range $1.72 - $2.36

Q1 2017

Shares 27,014,931 Value ($000) $76,452 Avg Close $2.40 Range $1.90 - $2.84

Q4 2016

Shares 27,366,931 Value ($000) $64,860 Avg Close $1.98 Range $1.61 - $2.43

Q3 2016

Shares 24,549,331 Value ($000) $64,565 Avg Close $2.37 Range $1.97 - $2.92

Q2 2016

Shares 26,646,531 Value ($000) $66,883 Avg Close $1.61 Range $1.25 - $2.01

Q1 2016

Shares 27,621,631 Value ($000) $45,852 Avg Close $0.87 Range $0.48 - $1.41

Q4 2015

Shares 26,671,331 Value ($000) $27,205 Avg Close $0.91 Range $0.79 - $1.17

Q3 2015

Shares 28,119,731 Value ($000) $29,526 Avg Close $0.97 Range $0.78 - $1.25

Q2 2015

Shares 28,019,731 Value ($000) $42,870 Avg Close $1.29 Range $1.18 - $1.43

Q1 2015

Shares 27,603,831 Value ($000) $41,958 Avg Close $1.40 Range $1.11 - $1.90

Q4 2014

Shares 26,429,823 Value ($000) $42,816 Avg Close $1.45 Range $1.15 - $1.86

Q3 2014

Shares 26,369,623 Value ($000) $53,530 Avg Close $2.01 Range $1.58 - $2.37

Q2 2014

Shares 21,248,822 Value ($000) $62,030 Avg Close $2.17 Range $1.74 - $2.42

Q3 2013

Shares 15,383,630 Value ($000) $38,151 Avg Close $2.16 Range $1.65 - $2.86

Q2 2013

Shares 14,251,030 Value ($000) $30,355 Avg Close $1.91 Range $1.42 - $2.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	17,995,331	$72,161	$2.82	$2.48 - $3.26
Q3 2019	18,731,331	$60,502	$2.69	$2.30 - $3.21
Q2 2019	19,093,331	$57,853	$2.18	$1.92 - $2.52
Q1 2019	19,447,331	$54,647	$2.38	$2.10 - $2.68
Q4 2018	19,721,931	$57,588	$2.08	$1.81 - $2.35
Q3 2018	20,583,031	$47,341	$1.89	$1.68 - $2.08
Q2 2018	20,583,031	$53,104	$2.18	$2.01 - $2.41
Q1 2018	23,439,731	$63,990	$2.35	$2.12 - $2.64
Q4 2017	24,504,731	$75,965	$2.15	$1.94 - $2.50
Q3 2017	26,135,231	$73,179	$2.11	$1.85 - $2.31
Q2 2017	27,070,031	$76,067	$2.11	$1.72 - $2.36
Q1 2017	27,014,931	$76,452	$2.40	$1.90 - $2.84
Q4 2016	27,366,931	$64,860	$1.98	$1.61 - $2.43
Q3 2016	24,549,331	$64,565	$2.37	$1.97 - $2.92
Q2 2016	26,646,531	$66,883	$1.61	$1.25 - $2.01
Q1 2016	27,621,631	$45,852	$0.87	$0.48 - $1.41
Q4 2015	26,671,331	$27,205	$0.91	$0.79 - $1.17
Q3 2015	28,119,731	$29,526	$0.97	$0.78 - $1.25
Q2 2015	28,019,731	$42,870	$1.29	$1.18 - $1.43
Q1 2015	27,603,831	$41,958	$1.40	$1.11 - $1.90
Q4 2014	26,429,823	$42,816	$1.45	$1.15 - $1.86
Q3 2014	26,369,623	$53,530	$2.01	$1.58 - $2.37
Q2 2014	21,248,822	$62,030	$2.17	$1.74 - $2.42
Q3 2013	15,383,630	$38,151	$2.16	$1.65 - $2.86
Q2 2013	14,251,030	$30,355	$1.91	$1.42 - $2.46