Belmont Resources Inc. announced that company has arranged a demand loan for $25,000 from a non-related party. The proceeds of the loan are to be used for working 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 $0.05 per share. The loan and issuance of bonus shares are subject to regulatory approval, and the shares issuable pursuant to the Agreement will be subject to a four month +1 day hold period from the date issued.