La Mancha Investments S. à r. l. to File Early Warning Report

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Postmedia has not reviewed the content. by GlobeNewswire La Mancha Investments S. à r. l. to File Early Warning ReportAuthor of the article:LUXEMBOURG, Sept. 08, 2026 (GLOBE NEWSWIRE) — La Mancha Investments S. à r. l. (La Mancha), a wholly owned subsidiary of La Mancha Resource Fund SCSp, advised by La Mancha Resource Capital LLP, announces today that on September 7, 2026, the counterparty to La Mancha’s call option agreement dated December 27, 2024 (the Call Option Agreement) elected to exercise its call option (Option) over 28,063,062 common shares (Shares) of Belo Sun Mining Corp. (TSX: BSX) (Belo Sun) (the Exercise). Concurrently, the counterparty agreed to surrender its option over a further 28,063,062 Shares and all other rights under the Call Option Agreement in consideration for a fee of approximately CAD 37.9 million (Fee), following payment of which by La Mancha, the Call Option Agreement shall terminate in full.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountImmediately prior to the Exercise, La Mancha owned, or exercised control or direction over, 141,134,533 Shares, representing approximately 24.9% of the then-issued and outstanding Shares, of which 56,126,124 were subject to the Option. Immediately following settlement of the Exercise and payment of the Fee, La Mancha anticipates that it will own, or exercise control or direction over, an aggregate of 113,071,471 Shares, representing approximately 19.9% of the issued and outstanding Shares, of which none shall be subject to the Option.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againLa Mancha intends to review its investment on a continuing basis. In the future, depending on market conditions, general economic and industry conditions, Belo Sun’s business and financial condition and/or other relevant factors, La Mancha may, from time to time, increase or decrease its investment in Belo Sun through market transactions, private arrangements, treasury issuances, derivative transactions or otherwise, including pursuant to the terms of the investor rights agreement between La Mancha and Belo Sun dated December 27, 2024.La Mancha’s registered office is located at 31 Avenue Pasteur, L-2311 Luxembourg. Belo Sun’s registered office is located at 198 Davenport Road, Toronto, Ontario, Canada, M5R 1J2.La Mancha intends to file an early warning report containing additional information with respect to the foregoing matters, which will be available under Belo Sun’s SEDAR+ profile at www.sedarplus.ca, and may also be obtained by contacting: Matthew Fisher, General Counsel, La Mancha Resource Capital LLP, legal@lamancha.com, +44 20 3960 2020.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.