Belmont Resources Inc. announced non-brokered private placement of 14,800,000 common shares at CAD 0.03 per share for gross proceeds of CAD 444,000 on July 25, 2023. The common shares issued will be subject to a hold period expiring four months and one day from issuance. The company will now apply to the TSX Venture Exchange to issue the common shares.

As part of the transaction there is no finder?s fee to be paid. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 3 placees.