Belo Sun Mining Corp. is pleased to announce that Mr. Benjamin Buckingham has been nominated by La Mancha Investments S. à r. l. to serve as its representative on the Board of the Company pursuant to the investor rights agreement between the Company and La Mancha. Mr. Buckingham replaces Mr. Jack Lunnon, who has stepped down as a director of the Company effective March 5, 2026 in connection with La Mancha's internal [...]
Belo Sun Mining Corp. is pleased to announce that it has closed its non-brokered private placement financing for gross proceeds of US$30 million , as previously announced on December 22, 2025. Pursuant to the closing of the Private Placement, the Company issued a total of 96,146,512 common shares of the Company at a price of C$0.43 per Common Share. La Mancha Investments S. à r. l. , subscribed for 50,587,226 Common [...]
Belo Sun Mining Corp. is pleased to report that all meeting matters put forth to the shareholders , as voted on by the disinterested shareholders, were duly approved at its special meeting of shareholders held today . At the Meeting, the 91.99% of the disinterested Shareholders approved the issuance of up to 56,565,697 common shares of the Company to La Mancha Investments S. à r. l. pursuant to the private placement [...]
Belo Sun Mining Corp. is pleased to announce that the Federal Regional Court has accepted our appeal to reinstate the Installation License, which was suspended in 2017 for the Company's Volta Grande Gold Project located in Pará State, Brazil. Background As previously disclosed, the Federal Court of Altamira had recently maintained the suspension of the Installation License, in force since 2017. The Company adopted [...]
Belo Sun Mining Corp. announces that the Federal Court of Altamira, Pará, Brazil, denied the Company's request for recognition of provisional compliance with a prior judgment of the Federal Court of Appeals. That appellate judgment conditioned the effectiveness of the Construction License for the Volta Grande Gold Project on completion of the Indigenous Component Study based on primary data, and the conduct of prior [...]
Belo Sun Mining Corp. is pleased to announce a non-brokered private placement financing at a price of C$0.43 per Belo Sun common share for gross proceeds to the Company of up to US$30 million . Closing of the Offering remains subject to certain conditions, including the final approval of the Toronto Stock Exchange. La Mancha Investments S. à r. l. , an existing shareholder of the Company, has committed to participate in [...]
Belo Sun Mining Corp. is pleased to announce that its shareholders approved a major renewal of the Company's governance structure during today's Annual General Meeting . Belo Sun has also appointed a Brazil-based President to lead the Company's operations in the country. This transformation heralds a new chapter aimed at strategic discipline, in-country leadership, and focused execution as the Company seeks to advance [...]
Belo Sun Mining Corp. announces that Ms. Ayesha Hira will step down as Interim President & CEO on July 4, 2025. Ms. Hira will remain in place as the Company makes a planned transition to its new leadership team, which Belo Sun intends to announce in the coming days. Ms. Hira has also decided not to stand for re-election as a director of the Company at the upcoming shareholder meeting. The Board would like to thank Ms [...]
Belo Sun Mining Corp. is pleased to announce the appointment of Mr. Jack Lunnon as a director of the Company with immediate effect. Mr. Lunnon is a nominee of La Mancha Investments S. à r. l. appointed pursuant to the investor rights agreement among the Company and La Mancha . Mr. Jack Lunnon serves as Chief Technical Officer for the La Mancha group, where he is responsible for overseeing all technical aspects of their [...]
Belo Sun Mining Corp. reports that the Federal Court of Appeals in Brasília has unanimously ruled that the Secretariat of Environment and Sustainability of the State of Pará will be the competent authority for the environmental permitting process of the Volta Grande Gold Project going forward. This decision reverses the decision made in September 2023 by the TRF1 that designated the Federal Brazilian Institute of the [...]
Belo Sun Mining Corp. is pleased to announce La Mancha Investments S. à r. l. , as a new shareholder and investor in the Company. La Mancha will hold approximately 17.1% of the Company's outstanding common shares , making them Belo Sun's largest shareholder, upon completion of the Acquisition and the Offering described hereunder. La Mancha's acquisition includes the purchase from Sun Valley Gold LLC of approximately 68.3 [...]
Belo Sun Mining Corp. reports that the Federal Court of Altamira, has ruled on a case filed by the Federal Public Defender's Office and the Public Defender's Office of the State of Pará in 2022 contesting the agreement made between the Company and the Brazilian National Institute of Colonization and Agrarian Reform in November 2021 . The Judge has declared the INCRA Agreement null and void on procedural grounds. The [...]