Belmont Enters into Consulting Agreement with Zimtu Capital Corp.
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 ENTERS INTO CONSULTING AGREEMENT WITH
ZIMTU CAPITAL CORP.
Vancouver, B.C. Canada , August 7, 2018 – Belmont Resources Inc. (TSX.V: BEA; FSE:
L3L1; DTC Eligible – CUSIP 080499403); (“Belmont”, or the “Company”).
Belmont has entered into a one year Consulting Agreement with Zimtu Capital Corp. ( TSX.V:
ZC) (“Zimtu”). Zimtu administers a cooperative marketing opportunity generation program,
including the provision of limited strategic services, on a cost-sharing basis.
Other Services to be rendered include:
(1) Providing opportunities, guidance, cost savings and assistance covering multiple aspects
of being a public company.
(2) Building financial networks, building business networks, shared costs with other public
companies presenting at various conferences (ie. Cambridge House International, PDAC,
Mines & Money, Internationale Edelmetall- & Rohstoffmesse München, etc.), building a
social media presence, and special group pricing provided by Zimtu’s network of
professionals.
(3) Access to, and meetings with, market participants in Europe and North America as part of
a Program arranged by Zimtu.
(4) Support with implementing Belmont’s social media strategy.
(5) Such additional services as are requested by Belmont and agreed to be prov ided by
Zimtu.
The previous year ’s program with Belmont /Zimtu and the presence with Zimtu on their
European Road Trip in 2016 has enhanced trading and increased Belmont’s networking
opportunities significantly in Europe. Belmont has seen a significant tr ading volume in
Belmont’s market in the Frankfurt, Stuttgart, Berlin and Munchen markets.
At Belmont’s request, Zimtu may internally or externally commission a newsletter writer to write
articles regarding the business and prospects of Belmont and its pro jects. Zimtu may also
disseminate Belmont’s news releases to its own shareholders and other. The TSX Venture
Exchange (TSX .V) may consider that these activities constitute investors relations (IR) and
therefore Belmont is disseminating this new release.
The Consulting Agreement is being filed as a material contract with the TSX .V and is subject to
Exchange acceptance before the services go into effect.
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
Belmont has recently optioned 31 mineral claims encompassing approx. 7 sq.km; located 24 km
northwest of Saint John, New Brunswick – the Mid Corner/Johnson Croft – a Zinc, Cobalt
prospect.
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 the property to
be highly prospective to host lithium. Subsequent ground geophysics & gravity surveys, surface
sampling and a two hole- 2046 ft. diamond drill program have confirmed the presence of lithium
on Kibby.
In June 2018; the Company has updated its land position staking, and now holds 126 x 20 acre
additional placer mineral claims totaling approx. 1,020 hectares ( 2,520 acres) , adjoining the
Kibby 16, for a total Kibby Basin land position (the “Property”) to 2,056 hectares ( 5,080
acres).
In 50/50 ownership with International Montoro Resources Inc., Belmont has acquired and is
exploring joint venture opportunities 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
“Gary Musil”
Gary Musil,
Corporate Secretary/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 a nd other risk factors beyond its control. Forw ard 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 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, the Company a ssumes 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 te rm is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this news release.