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File: BEA.Aug.15.17 Arranges $35,000 Loan & Issues Bonus Shares.docx

 

BELMONT ARRANGES $35,000 LOAN & ISSUES BONUS SHARES

Vancouver, B.C. Canada, August 15, 2017 - Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1;   DTC Eligible - CUSIP 080499
--->403  ); ("Belmont", or the "Company).

Financing:

Belmont has arranged a Demand Loan for $35,000 from a non-related party.  The proceeds of the loan are to be used to r
--->enew its Bureau of Land Management ("BLM") claims in the Kibby Basin, Nevada; for a further 12 months. The Company wil
--->l continue to explore all avenues of funding to proceed with the electromagnetic resistivity ('EM') and possibly seism
--->ic survey of the property, which should generate higher aquifer probability targets for further drilling, and moving t
--->hese assets forward.

The loan bears interest at 1.5% per month. In consideration for the loan, the Company has also agreed to issue, an agg
--->regate of 140,000 bonus common shares, at a deemed price of $0.05 per share.  The loan and issuance of bonus shares ar
--->e subject to regulatory approval, and the shares issuable pursuant to the agreements will be subject to a four-month +
--->1 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, U.S.A.

For further information see our Website at:  www.BelmontResources.com 
 -Facebook https://www.facebook.com/Nevadalithium/
 -Twitter https://twitter.com/Belmont_Res

On March 30, 2016; the Company acquired sixteen placer (16) mining claims, representing 1036 hectares (2,560 acres) in
---> Esmeralda County, Nevada, U.S.A.  The Kibby Basin property is located 65 km north of Clayton Valley, Nevada-U.S.A.  T
--->he Company believes the property to be highly prospective to host lithium.  

On July 11, 2016; the Company reported it has arranged the staking of 213 x 20 acre additional placer mineral claims t
--->otaling approx. 1724 hectares ( 4,260 acres) , adjoining the Kibby 16, increasing the total Kibby Basin land position 
--->(the "Property") to 2,760 hectares (6,820 acres).

In 50/50 ownership  with International Montoro Resources Inc., Belmont  has acquired and is exploring joint venture op
--->portunities for its  two significant uranium properties (Crackingstone -982 ha & Orbit Lake - 11,109 ha) in the Uraniu
--->m City District in Northern Saskatchewan, Canada  

 ON BEHALF OF THE BOARD OF DIRECTORS
"Vojtech Agyagos"
Vojtech Agyagos,   
CEO/President






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 T
--->SX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.  



File: BEA.Aug.15.17 Arranges $35,000 Loan & Issues Bonus Shares.pdf

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




                       BELMONT ARRANGES $35,000 LOAN & ISSUES BONUS SHARES

Vancouver, B.C. Canada, August 15, 2017   Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1;                              
--->                                     DTC
Eligible   CUSIP 080499403 ); ("Belmont", or the "Company).

Financing:

Belmont has arranged a Demand Loan for $35,000 from a non-related party. The proceeds of the loan are to be used
to renew its Bureau of Land Management ("BLM") claims in the Kibby Basin, Nevada; for a further 12 months. The
Company will continue to explore all avenues of funding to proceed with the electromagnetic resistivity (`EM') and
possibly seismic survey of the property, which should generate higher aquifer probability targets for further drilling
--->,
and moving these assets forward.

The loan bears interest at 1.5% per month. In consideration for the loan, the Company has also agreed to issue, an
aggregate of 140,000 bonus common shares, at a deemed price of $0.05 per share. The loan 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 +1 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,
U.S.A.

For further information see our Website at: www.BelmontResources.com
         -Facebook https://www.facebook.com/Nevadalithium/
         -Twitter https://twitter.com/Belmont_Res
On March 30, 2016; the Company acquired sixteen placer (16) mining claims, representing 1036 hectares (2,560 acres) in
---> Esmeralda County,
Nevada, U.S.A. The Kibby Basin property is located 65 km north of Clayton Valley, Nevada-U.S.A. The Company believes t
--->he property to be
highly prospective to host lithium.

On July 11, 2016; the Company reported it has arranged the staking of 213 x 20 acre additional placer mineral claims t
--->otaling approx. 1724
hectares ( 4,260 acres) , adjoining the Kibby 16, increasing the total Kibby Basin land position (the "Property") to 2
--->,760 hectares (6,820
acres).

In 50/50 ownership with International Montoro Resources Inc., Belmont has acquired and is exploring joint venture oppo
--->rtunities for its two
significant uranium properties (Crackingstone -982 ha & Orbit Lake   11,109 ha) in the Uranium City District in Northe
--->rn Saskatchewan,
Canada

 ON BEHALF OF THE BOARD OF DIRECTORS
"Vojtech Agyagos"
Vojtech Agyagos,
CEO/President




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.