Received by email:

File: BEA  May 18.16 Addit. Exempt to Private Placement Subscriptions.Final.docx

 

"NEWS RELEASE"

BELMONT ADDS ADDITIONAL EXEMPTION TO PRIVATE PLACEMENT SUBSCRIPTIONS

Vancouver, B.C. Canada, May 18, 2016 - Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1; OTC: BEAAF.PK) ("Belmont", or th
--->e "Company). Further to our news release of March 30, 2016 and May 10, 2016 the Company has included an additional exe
--->mption to the private placement subscription agreement.

In addition to relying upon other available prospectus exemptions to effect the private placement, a portion of the no
--->n-brokered private placement is being completed in accordance with the exemption set out in BC Instrument 45-536 (Exem
--->ption from prospectus requirement for certain distributions through an investment dealer), (the "Investment Dealer Exe
--->mption").  In accordance with the requirements of the Investment Dealer Exemption, the Company confirms there is no ma
--->terial 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 opera
--->ting expenditures):  Legal and audit $15,000/$10,000; Rent, Office & Miscellaneous $15,500/$11,000; Regulatory Fees $5
--->,000/$2,000; Salaries & Admin. $60,000/ $15,000; Transfer Agent Fees $3,500/$1,500; Travel & Promotion $15,000/$10,000
--->.

ON BEHALF OF THE BOARD OF DIRECTORS
"Gary Musil"
Gary Musil,
CFO/Director


This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based 
--->on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a res
--->ult of exploration and other risk factors beyond its control.  Forward looking statements in this news release include
---> statements about the possible raising of capital and exploration of our properties.   Actual events or results could 
--->differ materially from the Companies forward-looking statements and expectations.  These risks and uncertainties inclu
--->de, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds 
--->required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an explorat
--->ion program in 2016; and other risks associated with being a mineral exploration and development company. These forwar
--->d-looking statements are made as of the date of this news release and, except as required by applicable laws, the Comp
--->any assumes no obligation to update these forward-looking statements, or to update the reasons why actual results diff
--->ered from those projected in the forward-looking statements. 

Neither  the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.  


File: BEA  May 18.16 Addit. Exempt to Private Placement Subscriptions.Final.pdf

      BELMONT RESOURCES INC.
      #600   625 Howe Street, Vancouver, B.C. V6C 2T6
      Ph: (604) 683-6648 Fax: (604) 683-1350 E-Mail: belmontr@telus.net




                                                                  "NEWS RELEASE"

       BELMONT ADDS ADDITIONAL EXEMPTION TO PRIVATE PLACEMENT SUBSCRIPTIONS

Vancouver, B.C. Canada, May 18, 2016   Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1; OTC:
BEAAF.PK) ("Belmont", or the "Company). Further to our news release of March 30, 2016 and May 10, 2016 the
Company 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 BC Instrument 45-
536 (Exemption from prospectus requirement for certain distributions through an investment dealer), (the
"Investment Dealer Exemption"). 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 & Miscellaneous
$15,500/$11,000; Regulatory Fees $5,000/$2,000; Salaries & Admin. $60,000/ $15,000; Transfer Agent Fees
$3,500/$1,500; Travel & Promotion $15,000/$10,000.

ON BEHALF OF THE BOARD OF DIRECTORS

"Gary Musil"
Gary Musil,
CFO/Director

This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based 
--->on assumptions and judgments of
management regarding future events or results that may prove to be inaccurate as a result of exploration and other ris
--->k factors beyond its control. Forward looking
statements in this news release include statements about the possible raising of capital and exploration of our proper
--->ties. Actual events or results could differ
materially from the Companies forward-looking statements and expectations. These risks and uncertainties include, amon
--->g other things, that we may not be able
to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be 
--->fulfilled and we may not be able to
organize and carry out an exploration program in 2016; and other risks associated with being a mineral exploration and
---> development company. These
forward-looking statements are made as of the date of this news release and, except as required by applicable laws, th
--->e Company assumes no obligation to update
these forward-looking statements, or to update the reasons why actual results differed from those projected in the for
--->ward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the T
--->SX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this news release.