Business
Belmont Grants Incentive Stock Options
VANCOUVER, BC / ACCESSWIRE / August 22 , 2019 / Belmont Resources Inc. (“Belmont...
About this update from Belmont Resources Inc.
[{"type":"text","content":"Belmont Grants Incentive Stock OptionsVANCOUVER, BC / ACCESSWIRE / August 22, 2019 / Belmont Resources Inc. (“Belmont”), (or the “Company”), (TSX.V:BEA)(FSE:L3L1)(DTC Eligible - CUSIP 080499502).Belmont Resources Inc. has granted a total of 750,000 stock options to directors, officers, and consultants of the Company, exercisable at 6 cents per share, for a three year term. The options are granted pursuant to the Company’s stock option plan, applicable regulatory policy, certain vesting provisions and subject to regulatory acceptance.About Belmont Resources Inc.Belmont is an emerging resource company engaged in the acquisition, exploration and development of mineral properties in Canada and Nevada, U.S.A.For further information see our Website at: www.BelmontResources.com -Facebook https://www.facebook.com/Nevadalithium/-Twitter https://twitter.com/Belmont_ResOn March 28, 2019 Belmont entered into an agreement to acquire 100% interest in 253.34 hectares of mineral claims (now increased to 295.56 ha) which are part of the former Pathfinder Property, located in the historically productive Republic-Greenwood Gold District. Copper and gold mining in this camp dates back to the turn of the century. The property is currently surrounded on 3 sides by claims held by KG Exploration (Canada) Inc. (a wholly owned subsidiary of Kinross Gold Corporation).Belmont owns 75% of the Kibby Basin Lithium project covering 2,056 hectares (5,080 acres) in Esmeralda County, Nevada, U.S.A. The Kibby Basin property is located 65 km north of Clayton Valley, Nevada the location of the only US Lithium producer. MGX Minerals Inc. (CSE: XMG) has earned a 25% interest in the Kibby project.In 50/50 ownership with International Montoro Resources Inc., Belmont owns and is exploring joint venture opportunities for its significant uranium properties (Crackingstone -982 ha) in the Uranium City District in Northern Saskatchewan, Canada ON BEHALF OF THE BOARD OF DIRECTORS“Gary Musil”Gary MusilCFO/DirectorThis 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 control. Forward looking statemen...