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Belo Sun Mining Announces La Mancha as New Cornerstone Shareholder

Provided By GlobeNewswire

Last update: Dec 30, 2024

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX: BSX, OTCQB:BSXGF) is pleased to announce La Mancha Investments S. à r. l. (“La Mancha”) (a subsidiary of La Mancha Resource Fund SCSp), as a new shareholder and investor in the Company. La Mancha will hold approximately 17.1% of the Company’s outstanding common shares (“Common Shares”), making them Belo Sun’s largest shareholder, upon completion of the Acquisition and the Offering described hereunder.   

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