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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (16534)	3/21/2016 8:14:44 PM
From: Goose94	Read Replies (3) \| Respond to of 203020

Belo Sun Mining (BSX-T) March 21, '16 has closed the C$5.8 million private placement financing with funds managed by Sun Valley Gold LLC (collectively, "Sun Valley") announced on March 14, 2016. As a result of the transaction, Sun Valley, through accounts over which it has discretionary trading authority, owns a total of 69.65 million shares, or approximately 18.19%, of Belo Sun's issued and outstanding shares on a non-diluted basis. The common shares issued pursuant to the private placement are subject to a statutory four-month hold period. Belo Sun intends to use the proceeds of the transaction to advance the detailed engineering and development of the Volta Grande Project and for general working capital purposes. About the Company Belo Sun Mining Corp. is a Canadian-based mineral exploration and development company with a portfolio of gold-focused properties in Brazil. The Company is currently focused on advancing its 100%-owned Volta Grande Project to construction. Belo Sun trades on the Toronto Stock Exchange under the symbol "BSX". For more information about Belo Sun please visit www.belosun.com. Contact Information: Belo Sun Mining Corp. 416-861-1685 www.belosun.com