Mr. Gary Musil reports

BELMONT ADDS ADDITIONAL EXEMPTION TO PRIVATE PLACEMENT SUBSCRIPTIONS

Further to the news release of March 30, 2016, and May 11, 2016, Belmont Resources Inc. has included an additional exemption to the private placement subscription agreement.

In addition to relying upon other available prospectus exemptions to effect the private placement, a portion of the non-brokered private placement is being completed in accordance with the exemption set out in B.C. Instrument 45-536 (exemption from prospectus requirement for certain distributions through an investment dealer). In accordance with the requirements of the investment dealer exemption, the company confirms there is no material fact or material change related to the company which has not been generally disclosed.

The working capital use of proceeds comprise the following (maximum/minimum for the next six months of estimated operating expenditures):

Legal and audit:  $15,000/$10,000

Rent, office and miscellaneous:  $15,500/$11,000

Regulatory fees:  $5,000/$2,000

Salaries and adminstration:  $60,000/ $15,000

Transfer agent fees:  $3,500/$1,500

Travel and promotion:  $15,000/$10,000

We seek Safe Harbor.