Belo Sun Mining Corp. (TSX:BSX) (the "Company" or "Belo Sun") has received
notice that the Federal Judge of Altamira has granted a preliminary
interlocutors decision related to the injunction sought by the Brazilian Public
Prosecutor's Office ("MPF") against the State Government of Para ("SEMA") and
the Company, challenging the validity and legality of the Preliminary
Environmental Licensing Process (the "Licensing Process") in respect of the
Volta Grande Project. The Federal Judge has granted a preliminary, temporary
interlocutors decision to suspend the Licensing Process until the completion of
studies of the indigenous tribes located more than 10 kilometres away from the
Volta Grande Project. 


The Company will take all applicable legal measures to appeal the decision of
the Federal Judge and defend the validity and legality of the Licensing Process.
SEMA has stated in the COEMA meeting held on November 18, 2013 that it will also
challenge the injunction. Belo Sun is pleased to work with the regulatory and
legal authorities in advancing the project licensing process.


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 this legal challenge, the success
of the Company's appeal, the licensing process 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)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024 Click aqui para mais gráficos Belo Sun Mining.
Belo Sun Mining (TSX:BSX)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024 Click aqui para mais gráficos Belo Sun Mining.