Belo Sun Announces 2024 AGM Voting Results
TORONTO, June 11, 2024 - Belo Sun Mining Corp. ("Belo Sun" or the "Company") (TSX:BSX OTCQX:BSXGF) is pleased to provide the voting results from the Annual and Special Meeting of shareholders in accordance with the policies of the Toronto Stock Exchange.
The Company announces that the nominees listed in the management proxy circular dated May 3, 2024 (the "Circular") for the 2024 annual and special meeting of shareholders of Belo Sun (the "Meeting") were elected as directors of the Company. Shareholders at the Meeting also approved the appointment of the Company's auditors.
Detailed results of the vote for the election of directors held at the Meeting on June 11, 2024 in Toronto, Ontario are set out below.
Election of Directors
The shareholders approved the election as directors of the persons listed below, based on the following vote.
| Nominee | % Votes For | % Votes Withheld |
| Mark Eaton | 81.289 | 18.704 |
| Carol Fries | 80.831 | 19.169 |
| Peter Nixon | 80.645 | 19.355 |
| Rui Botica Santos | 91.719 | 8.281 |
| Ayesha Hira | 84.236 | 15.764 |
Shareholders voted 84.421% in favour of the approval of the appointment of the Company's auditors, with 15.579% of shareholders withholding their vote on the appointment of auditors.
Shareholders at the Meeting also approved the Company's stock option plan and all unallocated entitlements (the "Stock Option Plan"), with 78.612% in favour and 21.388% against. A total of 277,051,976 common shares were voted in connection at the Meeting, representing approximately 60.88% of the issued and outstanding common shares of the Company.
Belo Sun's board would like to express its gratitude to its shareholders for their high levels of participation and support.
About the Company
Belo Sun is a Canadian-based mining company with a portfolio of gold-focused properties in Brazil. The Company is currently focused on the development of the Volta Grande Gold Project. Belo Sun trades on the Toronto Stock Exchange under the symbol "BSX" and on the OTCQX under the symbol "BSXGF". For more information, please visit www.belosun.com or contact Investor Relations at +1 416 861-2262
Caution regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Meeting; voting results; and the election of directors. 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.
