Belo Sun Provides Update on License Process for Its Volta Grande Gold Project, Brazil
18 Novembro 2013 - 7:17PM
Marketwired Canada
Belo Sun Mining Corp. (TSX:BSX) (the "Company" or "Belo Sun") announces that
pursuant to ordinary Brazilian environmental licensing process, the
Environmental Council of Para State, Brazil (COEMA) held a meeting today to
consider the issuance of the Preliminary Licence (LP) for the Company's Volta
Grande Project.
The COEMA is comprised of 13 members and its decisions are made by simple
majority of at least seven votes. Twelve members attended the meeting today, of
which eleven members voted in favour of the issuance of the LP. One member,
being the State Public Prosecutor Office, did not vote as he requested access to
the files of the licensing process prior to voting. To facilitate this request,
the meeting was adjourned and COEMA scheduled the continuation of the meeting
for December 2, 2013, when the voting will resume. On December 2, 2013, all the
members of COEMA will be able to confirm or revise their votes.
Cautionary Statement on Forward-Looking Information
This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, without limitation, the outcome of the meeting of COEMA and the
receipt of the LP and the effect of these events on the Company and the Volta
Grande Project. Generally, forward-looking information can be identified by the
use of forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including risks
inherent in the mining industry and risks described in the public disclosure of
the Company which is available under the profile of the Company on SEDAR at
www.sedar.com and on the Company's website at www.belosun.com. Although the
Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Belo Sun Mining Corp.
Mark Eaton
President and CEO
(416) 309-2137
www.belosun.com
Belo Sun Mining (TSX:BSX)
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