Multiple buying at Belo Sun Mining (BSX)

Multiple buying at Belo Sun Mining (T:BSX)

Updated Thursday Apr 26, 2018 02:01 AM EDT
Stan Bharti, a Director, acquired 12,932,835 Common Shares on a direct ownership basis at a price of $0.335 through a private transaction on April 20th, 2018. This represents a $4,332,500 investment into the company's shares and an account share holdings change of greater than 100%.

At the same price, Peter Wilson Tagliamonte, CEO and Director, also acquired 12,932,835 Common Shares on a direct ownership basis. This represents an account share holdings change of greater than 100%. Denis Arsenault, a Director, acquired 2,985,076 Common Shares on a direct ownership basis. This represents a $1,000,000 investment into the company's shares and an account share holdings change of greater than 100%. Finally, Mark Price Eaton, a Senior Officer and Director, acquired 1,000,000 Common Shares on a direct ownership basis. This represents a $335,000 investment into the company's shares and an account share holdings change of 11.0%.

Belo Sun Mining is in the Gold Sub Industry Group under the Basic Materials Sector.

Belo Sun Mining Corp. is a Canada-based mineral exploration and development company. The Company is focused on its advanced-stage development project, the Volta Grande Project, which is located in Para State, approximately 60 kilometers southeast of the city of Altamira in northern Brazil. The project comprises approximately 20 exploration permits, covering an area of over 103,350 hectares (ha); approximately four mining concession applications covering an area of over 2,360 ha; approximately 10 exploration applications for exploration in mineral rights covering an area of over 23,210 ha, and approximately eight exploration applications for exploration in mineral rights in public tender, covering an area of over 31,660 ha. It also has an ownership interest in the Patrocinio Gold Project, which is located in the Tapajos gold province in the Para State of northern Brazil and an ownership interest in the Rainbow Alexandrite Project, which is located north of the city of Brasilia.

Headlines: Apr 26, 2018


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