Belo Sun Announces Special Meeting of Shareholders Voting Results
Globenewswire·2026-02-23 23:00

Core Viewpoint - Belo Sun Mining Corp. successfully obtained shareholder approval for a private placement with La Mancha Investments, indicating strong shareholder support and confidence in the company's future projects [1][2][3]. Group 1: Shareholder Meeting Outcomes - At the special meeting, 91.99% of disinterested shareholders approved the issuance of up to 56,565,697 common shares to La Mancha as part of the private placement [2]. - A total of 260,820,988 common shares were voted, representing approximately 55.4% of the issued and outstanding shares of the company [2]. Group 2: Company Statements and Future Plans - The company expressed gratitude for the high levels of shareholder participation and support, highlighting the value of La Mancha's involvement [3]. - Clovis Torres, Chairman and CEO, stated that the company looks forward to advancing the Volta Grande Gold Project responsibly and expects to close the private placement in the coming days [3]. Group 3: Company Overview - Belo Sun Mining Corp. is focused on mineral exploration and development, particularly in gold properties in Brazil, with its primary project being the 100% owned Volta Grande Gold Project in Pará State [4].

Belo Sun Announces Special Meeting of Shareholders Voting Results - Reportify