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BEA.V ·

TSX.V Approves Finder’s Fee Agreement

Corporate Updates

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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

TSX.V Approves Finder’s Fee Agreement

Vancouver, B.C. Canada, January 17, 2022; Belmont Resources Inc. (“Belmont”), (or the “Company”),

(TSX.V: BEA; FSE: L3L2) announces that pursuant to the January 7, 2022 news release, the TSX Venture

Exchange has accepted for filing documentation related the Company’s issuance of 500,000 common

shares related to two earn-in agreements( the Lone Star Property, Washington and Kibby Basin Property,

Nevada) between the Company and Marquee Resources. (250,000 shares each) as finder’s fee to a Non-

related third party. The shares will have a hold period of 4 months + 1 one day expiring May 18, 2022.

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.

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

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NEWS RELEASE

January 17, 2022

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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

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 TS X Venture Exchange) accepts responsibility for the adequacy or accuracy

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

herein.