Belmont Announces Results of Annual General Meeting
BELMONT RESOURCES INC.
#600 – 625 Howe Street, Vancouver, B.C. V6C 2T6
Ph: (604) 683-6648 Fax: (604) 683-1350 E-Mail: [email protected]
BELMONT ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING
Vancouver, B.C. Canada, July 21, 2017 – Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1; DTC Eligible –
CUSIP 080499403 ); (“Belmont”, or the “Company).
The Annual General Meeting (“AGM”) of Belmont Resources Inc. was held today. At the meeting the shareholders
re-elected Vojtech Agyagos, Gary Musil, Roger Agyagos, and Dusan Berka for the upcoming year. Jake Bottay did
not stand for re -election. The scrut ineer reported that there were a total of 24 shareholders holding 5,017,462
common shares represented in person or by proxy at the meeting. This represents 11.02% of the total 45,520,953
shares issued and outstanding at record date.
On a show of hands, t he Chairman declared that the shareholders ratified the election of directors for all nominees
listed, to hold office until the next annual meeting of shareholders or until their successors are duly elected or
appointed. Directors Vojtech Agyagos and Gary Musil received 5,014,959 (99.95%) votes for re -election; Roger
Agyagos 4,984,959 (99.35%), and Dusan Berka 4,987,459 (99.40%).
Other resolutions submitted by management to shareholders for consideration were approved as presented, including
the approval of the Company’s Stock Option Plan as summarized in the Information Circular.
At the Directors Meeting following the AGM; the directors re -appointed Vojtech Agyagos as President/Chief
Executive Officer, and Gary Musil as Corporate Secretary/Chief Financia l Officer. The Audit Committee
appointees are: Gary Musil, Roger Agyagos & Dusan Berka.
The Board of Directors would like to thank Jake Bottay for his 17 years of support and service as a Director. The
Board of Directors would also like to thank the Com pany’s shareholders for their continued support
throughout the past year.
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 acquire d 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 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 totaling 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 opportuni ties for its two
significant uranium properties (Crackingstone -982 ha & Orbit Lake – 11,109 ha) in the Uranium 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 result of exploration a nd 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 include, 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 fulfill ed and we may not be able to
organize and carry ou t 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, the Company assumes no obligation to update
these forward-looking statements, or to update the reasons why actual results differed 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.