18:28:22 EDT Thu 21 May 2026
Enter Symbol
or Name
USA
CA



Belo Sun Mining Corp
Symbol BSX
Shares Issued 567,502,066
Close 2026-05-20 C$ 1.25
Market Cap C$ 709,377,583
Recent Sedar+ Documents

Belo Sun provides update on Brazil court proceedings

2026-05-21 16:11 ET - News Release

An anonymous director reports

BELO SUN PROVIDES UPDATE ON ONGOING PROCEEDINGS BEFORE TRF-1

Belo Sun Mining Corp. has provided an update regarding hearings held yesterday before the 6th Panel of the Federal Regional Court of the 1st Region (TRF-1) in relation to three judicial proceedings involving the Volta Grande gold project, located in Para state, Brazil.

DPU appeal dismissed

One of the matters heard concerned the appeal filed by the Federal Public Defender's Office (DPU) and an indigenous association against a lower court decision that had dismissed for procedural reasons a civil public action related to the alleged need for supplementation of the indigenous component study (ECI) and the performance of additional public consultation procedures. The appeal was denied by the court, which upheld the dismissal of the civil public action.

FUNAI motion for clarification -- judgment postponed

Also scheduled for consideration was the continuation of the analysis of the motion for clarification filed by FUNAI concerning FUNAI's subsequent change of position regarding the sufficiency of the ECI, in the context of a civil public action filed by the federal prosecutor's office (MPF). The judgment of the motion was postponed and is expected to continue in the court's next session.

MPF motion for clarification regarding licensing authority removed from docket

In another separate proceeding, the court was scheduled to analyze the motion for clarification filed by MPF against a prior ruling that confirmed the authority of the Para State Environmental Agency (SEMAS), rather than the federal authority (IBAMA), to conduct the environmental licensing process for the project. The matter was removed from the docket for consideration of recent petitions filed in the case. A new hearing date for the continuation of the judgment will be scheduled in due course.

About Belo Sun Mining Corp.

Belo Sun Mining is a mineral exploration and development company with gold-focused properties in Brazil. Belo Sun's primary focus is advancing and expanding its 100-per-cent-owned Volta Grande gold project in Para state, Brazil. Belo Sun trades on the Toronto Stock Exchange under the symbol BSX and on the OTCQX under the symbol BSXGF.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.