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BEA.V ·

Belmont Grants Stock Options

Share Capital & Compensation

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 GRANTS STOCK OPTIONS

Vancouver, B.C. Canada , November 17, 2017 – Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1; DTC

Eligible – CUSIP 080499403); (“Belmont”, or the “Company)

The Company has granted incentive stock options to certain consultants of the company to purchase a total of

2,000,000 common shares of the Company at a price of 5 cents per common share for a period of one year.

The stock options are subject to the terms of the Company’s Stock Option Plan and regulatory approval.

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. Subsequent ground geophysics & gravity surveys, surface sampling and a two hole - 2046 ft. diamond drill

program have confirmed the presence of lithium on Kibby.

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 Dist rict 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.