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BEA.V ·

Belmont Announces Results of AGM

Shareholder Meetings

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Contact: George Sookochoff, President & CEO

Email: [email protected]

Suite 615 – 800 W. Pender Street,

Vancouver, B.C. V6C 2V6

Ph: 604-505-4061

BEA TSX.V

Belmont Announces Results of AGM

Vancouver, B.C. Canada, December 20, 2021; Belmont Resources Inc. (“Belmont”), (or the “Company”),

(TSX.V: BEA; FSE: L3L1) is pleased to announce results of voting at its annual general meeting of

shareholders which was held December 17, 2021 in Vancouver, British Columbia (the "Meeting"). All

matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and

Information Circular, were approved by an overwhelming majority of votes cast.

ELECTION OF DIRECTORS

George Sookochoff

Gary Musil

James H. Place

Laurence Sookochoff

Geoffrey D.G. Peretz

APPOINTMENT OF AUDITORS

Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants were reappointed as

Auditors of the Company for the ensuing year with their remuneration to be fixed by the Board of Directors.

RECONFIRMATION OF THE STOCK OPTION PLAN

Shareholders approved the Company's "rolling 10%" stock option plan

At the Directors Meeting following the AGM; the directors appointed George Sookochoff as

President/Chief Executive Officer & Chairman, and Gary Musil as Corporate Secretary/Chief Financial

Officer. The Audit Committee appointees are: Gary Musil, James H. Place, and Geoffrey D.G. Peretz.

The Board of Directors would like to thank the Company’s shareholders for their continued support

throughout the past year, and are looking forward to a very active exploration season in the

Greenwood/Republic Gold Camp, as well as our Kibby Basin and revived Crackingstone Uranium

properties.

Check out our updated website at http://www.BelmontResources.com and watch for upcoming news.

About Belmont Resources

Belmont Resources is engaged in the business of acquiring and re-developing past producing copper-

gold-silver mines in southern British Columbia and Northern Washington State. This region is considered

to have the highest concentration of mineralization and past producing mines in western North America.

NEWS RELEASE

December 20, 2021

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Contact: George Sookochoff, President & CEO

Email: [email protected]

Suite 615 – 800 W. Pender Street,

Vancouver, B.C. V6C 2V6

Ph: 604-505-4061

BEA TSX.V

By utilizing new exploration technology, geological modelling and specialized 3D data analysis, the

company is successfully identifying new areas of mineralization beneath and/or in the near vicinity of the

past producing mines.

The Belmont project portfolio:

• Athelstan-Jackpot, B.C. – * Gold-Silver mines

• Come By Chance, B.C. – * Copper-Gold mine

• Lone Star, Washington – * Copper-Gold mine

• Pathfinder, B.C. – * Gold–Silver mines

• Black Bear, B.C. – Gold

• Pride of the West, B.C.- Gold

• Kibby Basin, Nevada – Lithium

• Crackingstone, Sask. – Uranium

* past producing mine

ON BEHALF OF THE BOARD OF DIRECTORS

“George Sookochoff”

George Sookochoff, CEO/President

Ph: 604-505-4061

Email: [email protected]

Website: www.BelmontResources.com

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

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Contact: George Sookochoff, President & CEO

Email: [email protected]

Suite 615 – 800 W. Pender Street,

Vancouver, B.C. V6C 2V6

Ph: 604-505-4061

BEA TSX.V

of this release. The TSX Venture Exchange has not approved nor disapproved of the information contained

herein.