Business

Investor Alert: Belo Sun discloses misleading information to investors regarding controversial gold mining project in the Brazilian Amazon

Investor Alert: Belo Sun discloses misleading information to investors regarding controve...

articleBelo Sun Mining Corp.July 29, 20214/company/belo-sun-mining-corp/news/investor-alert-belo-sun-discloses-misleading-information-to-investors-regarding-controversial-gold-mining-project-in-the-brazilian-amazon
Investor Alert: Belo Sun discloses misleading information to investors regarding controversial gold mining project in the Brazilian Amazon

About this update from Belo Sun Mining Corp.

[{"type":"text","content":"\n \n \n \n Investor Alert: Belo Sun discloses misleading information to investors regarding controversial gold mining project in the Brazilian Amazon\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\ntable p, #divContent table p\n{\nmargin: 0px;\nmargin-left: 3.8px;\nfont-size: 8pt !important;\nfont-family: Arial;\ncolor: black;\nmargin-right: 0pt;\n}\ntable th, #divContent table th\n{\nfont-weight: unset !important;\ntext-align: unset !important;\nvertical-align: unset !important;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n OTTAWA, ON\n \n ,\n \n July 29, 2021\n \n /CNW/ -\n \n In a complaint to the Ontario Securities Commission, an international coalition of civil society organizations calls attention to the repeated dissemination of misleading information by Belo Sun Mining Corp (TSXV: BSX), including statements by CEO\n \n Peter Tagliamonte\n \n , downplaying socio-environmental, legal, and financial risks of the company's \"Volta Grande\" project along the Xingu River.\n \n \n \n Canadian-based mining company Belo Sun Corp.(TSXV: BSX) is disseminating misleading and incomplete information to investors about the mining project it is trying to develop on the Xingu river (Volta Grande do Xingu), Pará State,\n \n Brazil\n \n .\n \n \n This is the central message of a warning letter sent to the Ontario Securities Commission (OSC) on\n \n July 29rd\n \n by an international coalition of civil society organizations and networks including\n \n Amazon Watch, Earthworks, Instituto Socioambiental (ISA), Interamerican Association for Environmental Defense (AIDA), International Rivers, MiningWatch Canada, Movimento Xingu Vivo para Sempre\n \n \n and\n \n \n Rede Xingu+.\n \n The OSC is an independent Canadian Crown corporation responsible for protecting shareholders and investors from unfair, improper and fraudulent practices from companies and industries.\n \n \n Drafted by a legal team and supported by independent technical and scientific analysis, the complaint letter challenges recent statements by\n \n Belo Sun's\n \n CEO\n \n Peter Tagliamonte\n \n . In a spee...

More updates from Belo Sun Mining Corp.