Belmont Provides Update on Previously Announced Financings

About this update from Belmont Resources Inc.

[{"type":"text","content":"Belmont Provides Update on Previously Announced Financings\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n July 28, 2023 –\n \n \n TheNewswire -\n \n \n Vancouver, B.C., Canada - Belmont Resources Ltd.\n(“Belmont” or the “Company”) (TSXV:BEA\n \n \n )\n \n \n ;\n \n \n (\n \n \n FSE:L3L2).  Further to our news release of August 23, 2022\nwhereby the Company announced it is undertaking a non-brokered private\nplacement of up to $210,000 through the issuance of 3 million Units at\n$0.07. Due to market conditions at the time, this private placement\ndid not proceed.\n \n \n \n \n Further to our news release of January 24, 2023 whereby\nthe Company announced they are undertaking a private placement to\nraise total gross proceeds of up to $875,000, consisting of  7.5\nmillion flow-through units @ $0.07 and 7.0 million non-flow through\nunits @ $0.05. Due to deteriorating market conditions following that\nannouncement the Company was unable to complete this financing and the\nfinancings were cancelled.\n \n \n \n \n ON BEHALF OF THE BOARD OF DIRECTORS\n \n \n \n \n “George\nSookochoff”\n \n \n \n \n George Sookochoff, CEO/President\n \n \n \n \n Neither the TSX Venture Exchange nor its Regulation\nServices Provider (as the term is defined in the policies of the TSX\nVenture Exchange) accepts responsibility for the adequacy or accuracy\nof this news release.\n \n \n \n \n .\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":3045,"tagName":"div"}]

More updates from Belmont Resources Inc.