Miza Enterprises Inc. announced it has reached an agreement to acquire an operating mine with a development asset, located in Europe (project). Since early this year, the company has been working with Traxys Capital Partners (‘TCP') while it was negotiating the terms of a share purchase agreement (the ‘SPA') to acquire the company that owns the Project from its current owners. On April 29 a company formed by TCP, 112430 B.C. Ltd. (the ‘Purchaser'), signed the SPA and pursuant to an agreement dated May 31, 2017 the company in turn agreed to acquire the Purchaser.

The TCP group will join the existing founders and directors of the company with the goal of building a mid-tier global base metals producer. Derek White will be appointed as President and Chief Executive Officer of the Miza Enterprises Inc. Prior to forming TCP, he was the President and CEO of KGHM International. As the Executive Vice-President of Corporate Development at Quadra Mining, Mr. White was instrumental in its impressive growth via mergers and acquisitions, including the merger with FNX Mining Ltd., and its subsequent sale to KGHM S.A. for CAD 3.5 billion in 2012.

As BQ Metals Corp.'s President and CEO, Mr. White will lead a strong team of experienced financial and technical executives to manage the day-to-day business of the company. Clive Johnson will remain the Non-Executive Chairman of the company and will work with Derek White on the company's growth and business strategies. Mr. Johnson has over 35 years of experience in the gold exploration and mining industry.

In 2007 he, again as President and CEO along with other senior executives of Bema Gold, founded B2Gold Corp. Tom Garagan, Senior VP of Exploration for B2Gold (and formerly for Bema Gold) and currently a director of the company, will advise on exploration opportunities and programs. Roger Richer, Executive VP, General Counsel of B2Gold will remain on the Company's board and Mike Cinnamond, CFO of B2Gold, will also join the board. The experienced B2Gold executives on the board, along with current board member Harry Pokrandt, will assist Mr. White and his team to support the growth of the Company.