(TheNewswire)
July 28, 2023 – TheNewswire - Vancouver, B.C., Canada - Belmont Resources Ltd.(“Belmont” or the “Company”) (TSXV:BEA ) ; ( FSE:L3L2). Further to our news release of August 23, 2022whereby the Company announced it is undertaking a non-brokered privateplacement of up to $210,000 through the issuance of 3 million Units at$0.07. Due to market conditions at the time, this private placementdid not proceed.
Further to our news release of January 24, 2023 wherebythe Company announced they are undertaking a private placement toraise total gross proceeds of up to $875,000, consisting of 7.5million flow-through units @ $0.07 and 7.0 million non-flow throughunits @ $0.05. Due to deteriorating market conditions following thatannouncement the Company was unable to complete this financing and thefinancings were cancelled.
ON BEHALF OF THE BOARD OF DIRECTORS
“GeorgeSookochoff”
George Sookochoff, CEO/President
Neither the TSX Venture Exchange nor its RegulationServices Provider (as the term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this news release.
.
Copyright (c) 2023 TheNewswire - All rights reserved.