B2GOLD CORP

Ticker: BTG CUSIP: 11777Q209 Class: COM

PCJ Investment Counsel Ltd.'s Holding History (CIK: 0001426318)

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

Q2 2016

Shares 779,530 Value ($000) $1,945 Avg Close $1.61 Range $1.25 - $2.01

Q1 2016

Shares 679,530 Value ($000) $1,135 Avg Close $0.87 Range $0.48 - $1.41

Q2 2014

Shares 10,000 Value ($000) $29 Avg Close $2.17 Range $1.74 - $2.42

Q3 2013

Shares 325,900 Value ($000) $838 Avg Close $2.16 Range $1.65 - $2.86

Q2 2013

Shares 316,900 Value ($000) $710 Avg Close $1.91 Range $1.42 - $2.46

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	779,530	$1,945	$1.61	$1.25 - $2.01
Q1 2016	679,530	$1,135	$0.87	$0.48 - $1.41
Q2 2014	10,000	$29	$2.17	$1.74 - $2.42
Q3 2013	325,900	$838	$2.16	$1.65 - $2.86
Q2 2013	316,900	$710	$1.91	$1.42 - $2.46