• Belo Sun Mining published Q1 MD&A, highlighting reissuance of Volta Grande Gold Project installation license (LI No. 3698/2026) valid until April 2029.
• Focus remains on advancing Volta Grande toward construction, with work planned with SEMAS to complete required updates to environmental, social, and technical studies tied to updated license conditions.
• Company reported non-brokered private placement gross proceeds of CAD 41.34 million, issuing 96,146,511 common shares; La Mancha Investments subscribed for 50,587,226 shares, becoming a control person.
• Working capital rose to CAD 41.34 million at March 31, 2026 from CAD 2.94 million at Dec. 31, 2025; cash and cash equivalents increased to CAD 43.06 million from CAD 4.7 million.
• Outlook includes evaluating mine and process changes to cut emissions and operating costs, including near-pit crushing with conveyors, lower-carbon haulage fuels, high-pressure grinding rolls, secondary crushing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Belo Sun Mining Corp. published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.