Belmont Resources Inc.

Belmont Resources Inc. , . Belmont has arranged a demand loan for $25,000 from a non-related party. The proceeds of the loan are to be used for w0orking capital and filing assessment work completed on the Pathfinder gold prospect in the Greenwood Mining District. The loan bears interest at 1.5% per month. In consideration for the loan, the Company has also agreed to issue 100,000 bonus common shares, at a deemed price of [...]

Belmont Resources Inc , . Further to our news release of October 22, 2019 the Company will be applying to the Exchange for a 30 day extension to close the financings. Financings - Flow-Through and NFT The Company intends to complete a non-brokered private placement of 3 million units at a price of six cents per unit to raise gross proceeds of up to $180,000. Each unit will consist of one common share of the Company and [...]

Belmont Resources Inc , is pleased to announce the acquisition of 100% interest in the Pride of the West Crown Granted Claim and the Great Bear Reverted Crown Grant containing approx. 45 hectares in the historic Greenwood Gold Camp in southern British Columbia. The properties are located six kilometer west of the city of Greenwood, B.C. and nine kilometers north-west from the city of Grand Forks, B.C. The properties have [...]

Belmont Resources Inc , is pleased to announce the appointment of George Sookochoff as its new President and CEO, effective November 12, 2019. Sookochoff replaces former President and CEO James H. Place, P.Geo, who has decided to step down. Jim will remain on the board of directors and continue to offer his services as required. His geological background and experience will be an ongoing asset to the board as the Company [...]

Belmont Resources Inc. , , . Financings - Flow-Through and NFT Further to our news release of September 5, 2019; Belmont is amending the private placement as previously announced. The Company intends to complete a non-brokered private placement of 3 million units at a price of six cents per unit to raise gross proceeds of up to $180,000. Each unit will consist of one common share of the Company and one transferable share [...]

Belmont Resources Inc. , , DTC Eligible - CUSIP 080499502). George Sookochoff joins the Board of Directors Belmont Resources Inc. is pleased to announce the appointment of George Sookochoff to the Board of Directors. George has over 35 years of experience in the junior mining sector providing consulting services in the area of project development, data analysis, management and digital marketing. He holds a Commerce Degree [...]

Belmont Resources Inc. , , . Private Placement Financing: Belmont Resources Inc. intends to complete a non-brokered private placement up to 8,500,000 Units at a price of $0.06 per Unit to raise gross proceeds of up to $510,000. Each Unit will consist of one common share of the Company and one-half of a transferable share purchase warrant . Each whole warrant will permit the holder to acquire one additional share of the [...]

Belmont Resources Inc. , , . Fredart/Gerry Lake Property Acqusition -Red Lake Mining Division Belmont Resources Inc. is pleased to announce that they have entered into a mineral property acquisition agreement with Pistol Bay Mining Inc. on its Fredart/Gerry Lake and several adjoining claim groups in the Confederation Lake greenstone belt, approximately 70km southeast of Red Lake, Ontario. The Arrow Zone/Garnet Lake, an [...]

Belmont Resources Inc. , , . Belmont Resources Inc. has granted a total of 750,000 stock options to directors, officers, and consultants of the Company, exercisable at 6 cents per share, for a three year term. The options are granted pursuant to the Company’s stock option plan, applicable regulatory policy, certain vesting provisions and subject to regulatory acceptance. About Belmont Resources Inc. Belmont is an emerging [...]

Belmont Resources Inc. , , DTC Eligible - CUSIP 080499502). Financing: Belmont has arranged two Demand Loans for $25,000 each from non-related parties. The proceeds of the loans are to be used to renew its Bureau of Land Management claims in the Kibby Basin, Nevada, for a further 12 months and working capital. The Company will continue to explore other financing to proceed with the exploration of its Pathfinder, Greenwood [...]