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BEA.V ·

George Sookochoff Appointed President and CEO of Belmont Resources Inc.

Management Changes

News Release

George Sookochoff Appointed President and CEO

of Belmont Resources Inc.

Vancouver, B.C. Canada, November 13, 2019; Belmont Resources Inc (TSX.V: BEA)

(“Belmont”), (or the “Company”) is pleased to announce the appointment of George Sookochoff

as its new President and CEO, effective November 12, 2019 . Sookochoff replaces former

President and CEO James (Jim) H. Place, P.Geo, who has decided to step down. Jim will remain

on the board of directors and continue to offer his services as required. His geological

background and experience will be an ongoing asset to the board as the Company continues to

search for further properties to add value to Belmont.

The Board wishes to thank Mr Place for his contribution and leadership in management and

directorship.

George Sookochoff appointed CEO/President & Chairman

George Sookochoff has over 35 years of experience in the junior mining sector serving as CEO,

President and Director of several junior mining companies . He has also provided consulting

services in the area of project development, exploration data analysis, and digital marketing for

numerous junior companies. He holds a Commerce Degree (Marketing-Computer Sciences) from

the University of British Columbia.

George Sookochoff recently served as President of GGX Gold Corp. assisting in advancing and

developing the significant high grade COD vein system along with numerous other vein systems

on the GGX Gold Drop property in the Greenwood mining camp.

George also served as Executive Vice President of Golden Dawn Minerals where he compiled

into a single digital database over one hundred years of exploration data from the Greenwood

mining camp, which included hundreds of maps and reports dating from late 1800’s to today. The

Greenwood mining district is one of the most concentrat ed areas of mineralization in all of British

Columbia and this new extensive digital database provides invaluable information for delineating

previously unidentified high quality exploration targets in the area.

He has served as past President and CEO of International PBX Ventures Ltd., a TSX venture

company developing several copper porphyry and gold skarn projects in Chile.

George was born and raised in Grand Forks, B.C. and is quite familiar with the prolific Grand

Forks-Greenwood mining district an d its rich mining history as well as its remaining yet to be

discovered potential.

Suite 600 - 625 Howe Street,

Vancouver, B.C. V6C 2T6

Ph: 604-683-6648

About Belmont Resources Inc.

Belmont Resources Inc. is a Canadian based resource company traded on the TSX-V under the

symbol “BEA”. The Company is systematically exploring its extensive property positions in British

Columbia (Gold), Nevada (Lithium) and Saskatchewan (Uranium).

ON BEHALF OF THE BOARD OF DIRECTORS

“Gary Musil”

Gary Musil, Corporate Secretary

CFO/Director

Ph: 604-683-6648

Email: [email protected]

Website: www.BelmontResources.com

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.

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 and other risk factors beyond its contro l. 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 expectation s. 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 fulfilled and we may not be able to

organize and ca rry out an exploration program in 2019, 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 Compa ny 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.