Belo Sun Announces the Appointment of General Franklimberg to the Belo Sun Indigenous, Community and Environmental Advisory Board

TORONTO, July 23, 2018 -- Belo Sun Mining Corp. (TSX:BSX) (“Belo Sun” or the “Company”) is pleased to announce that General Franklimberg Ribeiro de Freitas has accepted the appointment to the newly created Advisory Board for Indigenous, Community and Environmental Affairs (ICEA). The Advisory Board will report to the President and CEO of Belo Sun, as well as to the Company’s Board of Directors.

General Franklimberg Ribeiro de Freitas, served with distinction as an officer with the Brazilian Army with a career focused primarily on Northern Brazil and the Amazon. As Chief of the Operational Centre of the Military Command of the Amazon, General Franklimberg interacted extensively with Indigenous and local communities. He managed the logistical support provided by the Army to the Ministry of Environment and IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) needed to prevent and reduce deforestation on Indigenous lands in various Amazon states, including Roriama, Maranaho, and Para. The success of the program was recognized at the United Nations by an award given to Brazil’s Ministry of the Environment.

General Franklimberg was invited to become the President of FUNAI (National Foundation of Indigenous Peoples), the Brazilian Government Agency that establishes and carries out policies relating to the Indigenous peoples in Brazil, until his departure in March, 2018.

Peter Tagliamonte, President and CEO of Belo Sun, commented, “The appointment of General Franklimberg to the Advisory Board and the creation of that Board is a significant acknowledgement by Belo Sun of the importance of Indigenous people, community and the environment to the Company in the planning and execution of every aspect of its activities. We are pleased to have a person of General Franklimberg’s experience on the Advisory Board and look forward to his advice and counsel.”

About the Company
Belo Sun Mining Corp. is a Canadian-based mineral exploration and development company with a portfolio of gold-focused properties in Brazil. Belo Sun’s primary focus is advancing to construction and operation of its 100% owned Volta Grande Gold Project, located in Para State, Brazil. Belo Sun trades on the TSX under the symbol “BSX”. For more information about Belo Sun please visit www.belosun.com.

For further information, please contact:
Peter Tagliamonte, President and CEO
Belo Sun Mining Corp.
(416) 309-2137

Caution regarding forward-looking information:

This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes without limitation, the appointment of General Franklimberg, the creation of a new advisory board, future metal prices, the future financial or operating performance of the Company and anticipated production schedule. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; other risks of the mining industry and the risks described in the annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.