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 [...]
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 [...]
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 [...]
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 [...]
Belmont Resources Inc. , , . Belmont has engaged Robert Lane, MSc. P.Geo. of Vernon, BC as lead geologist responsible for a systematic program to collect soil samples on their Pathfinder gold property. The previous site work carried out by Belmont in July analyzed historical information from exploration and mining on the property and confirmed [...]
Belmont Resources Inc. , , . Belmont has received a positive Summary Report from consulting geologist Chris Allen, who recently completed his visit to the 295.56 hectare Pathfinder property. The report gives details of surface rock sampling and compilation of previously published and un-published reports for the recently acquired Pathfinder [...]
Belmont Resources Inc. is pleased to announce that the nominees listed in the management Information Circular for the 2019 Annual General Meeting of Shareholders held on June 25, 2019 were elected as directors of the Company. The shareholders re-elected James H. Place, Gary Musil, and Vojtech Agyagos, and newly elected Jared Lazerson for the [...]
Belmont Resources Inc.. Private Placement Financing: Further to the Company's press release dated June 17, 2019; and receipt of conditional acceptance from the TSX Venture Exchange dated June 24, 2019; the Company advises that it has applied to the Exchange to close the private placement for 4,200,000 units - oversubscribed at a price of $0.06 per [...]
Belmont Resources Inc. intends to complete a non-brokered private placement up to 4,000,000 Units at a price of $0.06 per Unit to raise gross proceeds of up to $240,000. Each Unit will consist of one common share of the Company and one two year transferable share purchase warrant permitting the holder to acquire one additional share of the Company [...]
Belmont Resources Inc. announces that effective June 6, 2019 at market open, the Company will consolidate its common shares on the basis of one new post-consolidated common share for every eight pre-consolidated common shares. The Company's common shares will begin trading on a post consolidated basis on the TSX Venture Exchange on June 6, 2019. As [...]
Belmont Resources Inc. advises that due to current market conditions and after extensive consultation, it will be immediately filing for, and seeking approval of, documents relating to an amended consolidation of the Company's issued and outstanding share capital with the TSX Venture Exchange. The intended consolidation will be on a basis of one [...]
VANCOUVER, BC / ACCESSWIRE / May 13, 2019 / Belmont Resources Inc. , , . Consolidation: Belmont Resources Inc. advises it will be immediately filing for, and seeking approval of, documents relating to the consolidation of the Company's issued and outstanding share capital with the TSX Venture Exchange. The intended consolidation will be on a basis [...]