Business
Belmont Announces Appointment of New Director to the Board
(TheNewswire) Vancouver, B.C. Canada – TheNewswire - November ...
About this update from Belmont Resources Inc.
[{"type":"text","content":"Belmont Announces Appointment of New Director to the Board\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, B.C. Canada –\n \n \n TheNewswire -\n \n \n November 9, 2021; Belmont\nResources Inc. (“Belmont”), (or the “Company”),\n(TSXV:BEA\n \n \n )\n \n \n (\n \n \n FSE:L3L2)\n \n \n is pleased to announce the\nappointment of Mr. Geoffrey D.G. Peretz to the Company’s Board of\nDirectors.\n \n \n \n \n Mr. Peretz is a senior Investment Industry professional\nwith over thirty-five years of market related experience. Through his\nPrivate Equity/Investment Banking firm, Camelot Capital Corporation,\nhe has founded, co-founded or been an angel investor in some of\nCanada’s most successful start-ups. A number of these have gone to\nmarket capitalizations of over $1b CDN. He brings to the company\nextensive experience in Corporate Finance, Corporate Structure,\nCorporate Governance & Financial Controls.\n \n \n \n \n Mr. Peretz founded Canaco Resources in 2003 and the\ncompany was named the top performing stock on the Toronto Stock\nExchange in 2010. Today the company has been divided along geographic\nlines into East Africa Metals (TSX-V: EAM) which holds assets in\nTanzania and Ethiopia, and Orca Gold (TSX-V: ORC) holding the assets\nin the Sudan. The Ethopian properties are currently in\nproduction.\n \n \n \n \n Mr. Vojtech (Billy) Agyagos is stepping down from the\nBoard at this time. Vojtech was the former CEO/President for 21 years\nuntil his retirement in 2018 and a director since December 1996.  He\nhas contributed significantly to the Company during his tenure and\nhelped advance a number of projects in both Canada and Eastern Europe.\n The Board of Directors wish to express their thanks to Mr. Agyagos\nfor his service to the Company.\n \n \n \n \n \n \n \n \n The Company also announces that it has granted 600,000\nincentive stock options to certain directors and consultants of the\nCompany in accordance with the Company's current stock option plan.\nEach option is exercisable into one common share of the Company at a\nprice of $0.10 per share for a period of five years from the date of\ngrant.\n \n \n \n \n About Belmont Resources\n \n \n \n \n Belmont Resources is engaged in the business of\nacquiring and re-developing past producing copper-gold-silver ...