Belmont Resources Inc. (TSX.V -“BEA”) (the “Company”) is pleased to announce that Vadim Degen of Vancouver, B.C. has joined Belmont’s Board of Directors.
Mr. Degen is a graduate of Political Science from Russia and a graduate from BCIT in Computer Science with over ten years of systems analyst experience. His valuable assets will assist the Company in expanding its shareholder communications and marketing. Furthermore, Mr. Degen has also established many new Eastern European contacts that will present new potential resource opportunities for the Company.
Other
The Company has granted 2,000,000 incentive stock options to directors, officers
and consultants under its Stock Option Plan for a period of three years at a
price of $0.10. All securities issued are subject to regulatory approvals and
the Company’s Stock Option Plan.
About Belmont Resources Inc.
Belmont Resources Inc. is focused on acquiring and developing uranium properties
in developed and emerging uranium districts. Belmont (50/50) with International
Montoro Resources Inc. has acquired two significant uranium properties (Crackingstone
–982 ha & Orbit Lake –11,109 ha) in the Uranium City District
in Northern Saskatchewan. The Company also holds interests (50/50 with Int.
Montoro) in two uranium claim blocks in the Central Mineral Belt in Labrador.
Other properties: Holds interests (50/50 with Int .Montoro) in three claim blocks
in the Red Lake, Ontario gold camp and a 12.5% interest in a West Voisey’s
Bay, Labrador joint venture –112.75 sq.km nickel/copper/cobalt property.
ON BEHALF OF THE BOARD OF DIRECTORS
“GARY MUSIL”
Gary Musil,
CFO/Director
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