12:00:55 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Belmont Resources Inc (3)
Symbol BEA
Shares Issued 65,430,308
Close 2018-04-04 C$ 0.045
Market Cap C$ 2,944,364
Recent Sedar Documents

Belmont closes $58,000 final placement tranche

2018-04-05 14:03 ET - News Release

Mr. Gary Musil reports

BELMONT CLOSES FINAL TRANCHE - $58,000 OF TOTAL $198,000 PRIVATE PLACEMENT

Belmont Resources Inc. has now issued a further 1.16 million units at a price of five cents per unit for gross proceeds of $58,000. Each unit consists of one common share of the company and one transferable share purchase warrant. Each whole warrant will permit the holder to acquire one additional share of the company at a price of five cents for two years (up to April 4, 2020).

The common shares and warrants have been issued having a hold period until Aug. 5, 2018. No finder's fee was payable.

In the aggregate, the company has now closed $198,000 in gross proceeds, which will be used for continued exploration on its 100-per-cent-owned Kibby Basin lithium property in Nevada and for working capital.

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.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.