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La Mancha Lifts Belo Sun Stake to 19.1% After Buying 10 Million Shares
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La Mancha Lifts Belo Sun Stake to 19.1% After Buying 10 Million Shares
Nov 19, 2025 6:28 AM

08:53 AM EST, 11/19/2025 (MT Newswires) -- La Mancha announced Wednesday that between Jan. 23, 2025 and Nov. 18, 2025 (inclusive) it made on-market acquisitions of a total of around 10.02 million ordinary shares in the capital of Belo Sun Mining Corp ( BSXGF ) for aggregate consideration of around C$2.26 million excluding commission, representing a volume-weighted average price per share of C$0.2257.

A statement noted that, as a result of the acquisitions, La Mancha now owns, or exercises control or direction over, an aggregate of around 89.94 million shares, approximately 19.1% of the issued and outstanding shares.

It was also noted that directly or indirectly, La Mancha may, from time to time, acquire additional securities of Belo Sun or dispose of all or a portion of the shares previously acquired or held, through market transactions, private agreements, treasury issuances or otherwise.

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