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Belo Sun Mining Corp T.BSX

Alternate Symbol(s):  BSXGF

Belo Sun Mining Corp. is a Canada-based development and mineral exploration mining company. The Company is advancing Brazil's undeveloped gold deposit at the Volta Grande Project in Para State. The Volta Grande Project is situated in the Tres Palmeiras greenstone belt in Para State, Brazil. Although the project's mining license covers 2400 hectares (24 square kilometers), the actual area dedicated to the mining operation is much smaller, encompassing only about 10 square kilometers. The Volta Grande Gold Project is accessible by both road and river. Altamira is a major regional center with a population of 150,000 and is serviced by a local airport and the Trans-Amazonian Highway. The Volta Grande Project's mineral resources are divided into two areas: the North Block and the South Block. The North Block comprises four zones: Ouro Verde, Junction, Grota Seca, and Greia. The South Block is situated approximately 10 kilometers to the south-east.


TSX:BSX - Post by User

Comment by Kain0051on Dec 22, 2023 11:52am
71 Views
Post# 35797819

RE:Big volume today

RE:Big volume todayFound this old article involving the seller BMO Nesbitt Burns and Belo Sun.  Would be nice to see share price back at those levels.

BELO SUN MINING CLOSES C$75 MILLION BOUGHT DEAL FINANCING

Toronto, Ontario (July 27, 2016) – Belo Sun Mining Corp. (TSX:BSX) (the “Company”) has closed its previously announced bought deal financing with a syndicate of underwriters co-led by TD Securities Inc. and Canaccord Genuity, and including BMO Nesbitt Burns Inc., Scotia Capital Inc., CIBC World Markets Inc., Dundee Securities Ltd., and National Bank Financial Inc., pursuant to which the Company issued 77,320,000 common shares of the Company (each, a “Common Share”) at a price of C$0.97 per Common Share, for aggregate gross proceeds of C$75,000,400 (the “Offering”).

 

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