Feb. 16 at 9:58 PM
$BSXGF Belo Sun Announces Reinstatement of Installation License for the Volta Grande Gold Project
February 14, 2026 2:00 PM
TORONTO, Feb. 14, 2026 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX: BSX, OTCQB: BSXGF) is pleased to announce that the Federal Regional Court has accepted our appeal to reinstate the Installation License, which was suspended in 2017 for the Company’s Volta Grande Gold Project (the “Project”) located in Pará State, Brazil.
ourt of Appeal Decision
On February 13, 2026, Desembargador Federal Flávio Jardim of TRF-1’s 6th Panel granted interim relief, suspending the lower court decision and fully restoring the effectiveness of the Installation License. The ruling authorizes Belo Sun to resume and continue regular installation activities for the Project.
Construction Activities
As a result of the ruling, the Installation License is now fully effective and the Company is authorized to proceed with construction and installation activities