Mr. Gary Musil reports

BELMONT ARRANGES $50,000 IN LOANS & ISSUES BONUS SHARES

Belmont Resources Inc. 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 (BLM) claims in the Kibby basin, Nevada, for a further 12 months and working capital. The company will continue to explore other financing to proceed with the exploration of its Pathfinder, Greenwood, gold prospect and seeking a joint venture/option party to continue exploration for further lithium in the Kibby basin.

The loans bear interest at 1.5 per cent per month. In consideration for the loans, the company has also agreed to issue an aggregate of 166,666 bonus common shares, at a deemed price of six cents per share. The loans and issuance of bonus shares are subject to regulatory approval and the shares issuable pursuant to the agreements will be subject to a four-month-and-one-day hold from the date issued.

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.