09:41 AM EST - Belo Sun Mining Corp. : Reports that the Federal Court of Altamira, has ruled on a case filed by the Federal Public Defender's Office (DPU) and the Public Defender's Office of the State of Pará (DPE) in 2022 contesting the agreement made between the Company and the Brazilian National Institute of Colonization and Agrarian Reform (INCRA) in November 2021. The Judge has declared the INCRA Agreement null and void on procedural grounds. The ruling stated that INCRA had not completed an ordinance required to announce the measure taken by the government on the declassification of the area from agrarian reform. However, the Judge rejected the DPU’s request to annul the Volta Grande (PVG) environmental licensing process and as requested by the Company excluded the DPE from the lawsuit. Belo Sun Mining Corp.
shares T.BSX are trading unchanged at $0.05.
