| B2 Digital, Inc. (Pink Sheets:BTDG - News) announces | | | | help extract maximum value from our Quebec |
| it has received an all cash offer from an Investor | | | | properties located in the Val D'Or and Malartic regions, |
| Group for all the outstanding shares of the Company. | | | | both of which are well known to be extremely rich in |
| A Special meeting of the Board of Directors has | | | | gold," Mr. LeBlanc continued, "Based upon an NI |
| been called to consider the offer which is scheduled | | | | 43-101 technical report drilled to 50 meters, the |
| for 9:00 AM this morning EST. | | | | geologists have estimated gold reserves of over 1.5 |
| About B2 Digital | | | | million ounces." |
| B2 Digital is dedicated to seeking acquisitions and joint | | | | B2 Digital, Inc. President, Paul LaBarre, stated, "We |
| ventures within the resource sector and in particular | | | | are excited to assume control of mining leases with |
| mining properties that contain gold and silver | | | | such strong potential. It is a great addition to our |
| reserves. Management of its subsidiary has many | | | | portfolio of mining assets." Mr. LaBarre went on to |
| years of experience in the exploration and operations | | | | say, "This partnership gives us access to additional |
| of mining assets. B2 Digital is currently in the process | | | | exploration upside, with minimal risk and we look |
| of divesting itself of some of its technology assets. | | | | forward to a long and mutually beneficial relationship |
| More information on B2 Digital can be found at: | | | | with our JV Partners at Firma Gold." |
| | | | | B2 Digital, Inc. (Pink Sheets:BTDG) announced today it |
| B2 Digital, Inc. (Pink Sheets:BTDG) announced today it | | | | has entered into two separate Debenture |
| has entered into preliminary discussions with an Asian | | | | Subscription Agreements providing for up to |
| investment fund which has expressed strong interest | | | | $2,000,000 in financing that can now be allocated |
| in investing up to $20 million dollars to accelerate the | | | | primarily towards the Firma Gold Joint Venture |
| development of the mining leases B2 Digital is now | | | | enabling B2 Digital to accelerate its efforts at the |
| managing under the terms of the new Joint Venture | | | | properties located in Quebec. |
| Agreement with Firma Gold. | | | | The debenture will also assist B2 Digital in its efforts |
| Stephane LeBlanc, President of Firma Gold, Inc., said, | | | | for making additional acquisitions, as well as |
| "We made initial contact with this investor group | | | | exploration and expansion of the property claims of |
| some time ago and their interest has heightened | | | | their mining subsidiaries. This bridge financing will also |
| since we have now found a Joint Venture Partner in | | | | enable B2 Digital to organize and prepare for |
| B2 Digital." Mr. LeBlanc continued, "This fund is | | | | additional rounds of financing as required. |
| particularly interested in B2 Digital's status as a publicly | | | | The debenture is convertible at $0.10 per share. |
| traded company, as well as their ability to attract and | | | | In May, B2 Digital provided an update outlining its |
| recruit management with extensive expertise." | | | | strategy of maximizing shareholder value by entering |
| Firma Gold's ownership of mining leases at Courville | | | | the field of mineral exploration through acquisitions |
| and Larienne Quebec have estimated gold reserves | | | | and joint ventures. This strategy included building a |
| of over 1.5 million ounces, based upon geologists | | | | portfolio of mineral properties and advancing the |
| reports and an NI 43-101 technical report drilled to 50 | | | | properties through exploration or select joint |
| meters. The properties are in the Val D'Or and | | | | ventures. |
| Malartic regions, both of which are well known to be | | | | B2 Digital President, Paul LaBarre stated, "The next |
| extremely rich in gold. In February of this year, | | | | phase of our business model entails building |
| Montreal-based Osisko Mining (TSX:OSK) announced | | | | shareholder value through exploration and by seeking |
| an estimated 9 million ounce gold reserve estimate | | | | joint venture partners such as Firma Gold Inc. who |
| for its Malartic open pit project in Quebec. | | | | we have just recently entered into a binding Letter |
| B2 Digital President, Paul LaBarre, stated, "The | | | | of Intent. Our enthusiasm builds as we compile data |
| ongoing dialogue for this major investment initiated | | | | on our projects, however, we recognize the fact |
| by Firma Gold is a very positive development. We | | | | that our plans require a bridge financing facility for |
| believe it validates the opportunity this Joint Venture | | | | funding future exploration and research." |
| holds for our shareholders. Even though we are in the | | | | |
| initial stages of these negotiations with the terms yet | | | | B2 Digital, Inc. (Pink Sheets:BTDG): Paul LaBarre, CEO, |
| to be agreed upon, we are very excited about the | | | | President and Stephane Leblanc, President of Firma |
| potential." | | | | Gold, Inc., are pleased to jointly announce the |
| Mr. LaBarre further commented that "B2 Digital is | | | | companies have entered into a binding addendum to |
| presently considering a name change to better | | | | the LOI signed September 6, 2010 with respect to |
| reflect its change in business direction with its primary | | | | the mining exploration leases owned by Firma Gold, |
| focus within the resource and mining sector." | | | | Inc. in Landrienne, Quebec. According to Firma Gold, |
| B2 Digital (Pink Sheets:BTDG), dedicated to seeking | | | | the gold reserves on the property are 1.5 million |
| acquisitions and joint ventures within the resource | | | | ounces. |
| sector and in particular mining properties that contain | | | | Stephane Leblanc, President of Firma Gold, Inc., said, |
| gold and silver reserves, today announces its Board | | | | "Based upon an NI 43-101 technical report drilled to 50 |
| of Directors has executed a Definitive Joint Venture | | | | meters, the geologists have estimated gold reserves |
| Agreement with Firma Gold, Inc. The Definitive Joint | | | | of over 1.5 million ounces. We are excited about this |
| Venture Agreement pertains to the mining | | | | potential Joint Venture with B2 Digital and look |
| exploration leases owned by Firma Gold Inc. in | | | | forward to working with them." Mr. Leblanc |
| Landrienne and Courville, Quebec. | | | | continued, "The properties are in the Val D'Or and |
| The Definitive Joint Venture Agreement between | | | | Malartic regions, both of which are well known to be |
| Firma Gold, Inc. and B2 Digital Inc. includes terms and | | | | extremely rich in gold." |
| conditions customary for transactions similar in nature. | | | | As per the LOI, both parties agree to enter into a |
| Under the terms of the Agreement, B2 Digital, Inc. | | | | formal Joint Venture Agreement on or before |
| will immediately assume management control of all | | | | October 15, 2010. Under the terms of the Joint |
| the exploration leases owned by Firma Gold in | | | | Venture Agreement, B2 Digital, Inc. will be responsible |
| Ladrienne and Courviile Quebec as the Managing JV | | | | for the funding, exploration, operation, and disposition |
| Partner. Additionally, B2 Digital will be responsible for | | | | of the Firma Gold properties. In return, B2 Digital, Inc. |
| funding the exploration, operation, and, if required, | | | | will receive 90% of the net profit after deduction of |
| the disposition of the Firma Gold properties. In | | | | capital or operating costs incurred in their role as JV |
| return, B2 Digital, Inc. will receive 90% of the net | | | | partner. Firma Gold will receive 10 percent of the net |
| profit after deduction of any capital or operating | | | | profit under terms of the Joint Venture Agreement. |
| costs incurred in their role as JV Managing Partner. | | | | B2 Digital, Inc. President, Paul LaBarre, stated, "We |
| Firma Gold will receive 10 percent of the net profit | | | | are excited to introduce our shareholders to |
| under terms of the Joint Venture Agreement. | | | | properties of this caliber. As a result of our |
| Stephane LeBlanc, President of Firma Gold, Inc. said, | | | | relationships in the industry, we are able to enter into |
| "We are extremely pleased to welcome B2 Digital as | | | | Letters of Intent to Joint Venture on properties like |
| our Managing Joint Venture Partner and look forward | | | | these owned by Firma Gold. |
| to utilizing their fresh approach and enthusiasm to | | | | |