06:28:58 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Belmont Resources Inc (3)
Symbol BEA
Shares Issued 42,950,953
Close 2017-03-15 C$ 0.07
Market Cap C$ 3,006,567
Recent Sedar Documents

Belmont Resources applies for U.S. market listing

2017-03-15 10:27 ET - News Release

Mr. Gary Musil reports

BELMONT SUBMITS APPLICATION FOR OTC -U.S.A. MARKET LISTING

Belmont Resources Inc. has arranged for the filing of a 15c-211 application with the Financial Industry Regulatory Authority (FINRA) for a U.S. listing and its shares to be quoted on the OTC Markets with DTC eligibility.

Gary Musil, chief financial officer, commented, "Broadening the scope of access to real-time quotations, financial portals, on-line brokerages and to trading platforms through a listing of the company's securities on the OTC marketplace in the United States, coupled with an existing listing in Canada, allows our North American shareholders to deal in our securities in their respective home jurisdictions and currencies and to participate in the success of our company as we develop our Nevada lithium properties."

In October and November, 2016, the company was also introduced to the European marketplace, attending with Zimtu Capital Corp. and other associated companies on its European road trip. Belmont presented to industry experts and financial analysts in Geneva, Zurich and Frankfurt, as well as showcased the company for the final two days at the International Precious Metals & Commodities (Edelmetall & Rohstoffmesse) Show in Munich, Germany. The company trades on the Frankfurt Stock Exchange under the symbol L3L1 as well as the Boerse Stuttgart Exchange.

President and chief executive officer Vojtech Agyagos commented, "With drilling upcoming on our Kibby basin-Nevada lithium claims, 2017 promises to be an exciting year."

About Belmont Resources Inc.

Belmont is an emerging resource company engaged in the acquisition, exploration and development of mineral properties in Canada and Nevada, United States.

On March, 30, 2016, the company acquired 16 placer mining claims, representing 1,036 hectares (2,560 acres) in Esmeralda county, Nevada, United States.

On July 11, 2016, the company reported it has arranged the staking of 213 20-acre additional placer mineral claims totalling approximately 1,724 hectares (4,260 acres) adjoining the 16 Kibby claims, increasing the total Kibby basin land position to 2,760 hectares (6,820 acres).

In 50/50 ownership with International Montoro Resources Inc., Belmont has acquired and is exploring joint venture opportunities for its two significant uranium properties (Crackingstone (982 hectares) and Orbit Lake (11,109 hectares)) in the Uranium City district in Northern Saskatchewan, Canada.

We seek Safe Harbor.

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