Board Change • Jun 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Michael Kriebel was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Michael Kriebel was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Michael Kriebel was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Michael Kriebel was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 18
Belmont Resources Inc., Annual General Meeting, Sep 03, 2025 Belmont Resources Inc., Annual General Meeting, Sep 03, 2025. Tillkännagivande • Apr 04
Belmont Resources Inc. announced that it expects to receive CAD 1.3635 million in funding from HMS Bergbau AG, LaVo Verwaltungsgesellschaft GmbH, ERAG Energie & Rohstoff AG Belmont Resources Inc announced a private placement of 30,300,000 common shares at CAD 0.045 for gross proceeds CAD 1,363,500 on April 3, 2025. All securities issued shall be subject to a hold period expiring four months and one day from their date of issuance. Completion of the financing and the issuance of the securities remain subject to receipt of all necessary regulatory approvals, including the approval of the TSXV. The transaction includes participation from HMS Bergbau AG, ERAG Energie & Rohstoff AG PCC and LaVo Verwaltungsgesellschaft MBH. HMS intends to subscribe for 15,000,000 common shares, ERAG intends to subscribe for 4,000,000 common shares and LaVo intends to subscribe for 7,300,000 common shares pursuant to the private placement. Board Change • Oct 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Michael Kriebel was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 04
Belmont Resources Inc., Annual General Meeting, Sep 03, 2024 Belmont Resources Inc., Annual General Meeting, Sep 03, 2024. Tillkännagivande • Jan 27
Belmont Resources Ltd. Provides A-J Gold Project Drilling Update Belmont Resources Ltd. announced initial results of the A-J 2023 2,000 meter, nine drill hole A-J drilling program in southern British Columbia. 2023 Drilling focused on two zones on the property: North Zone: (Drill holes AJ23-01-05) drilling involved exploring largely untested, open ground in the northern portion of the property where targets were chosen between the Golden Crown and Athestan-Jackpot mines. Drill assays are pending. South Zone - Athelstan mine area: (Drill holes AJ 23-06-09) drilling involved testing for potential mineralized feeder systems along and directly beneath the Athelstan mine, one of two historic gold mines on the A-J 1.5km mineralized gold trend and related historic mine workings. Initial results have been received for South Zone, Athelstan mine area for drill holes AJ23-06 - AJ23-09. As reported in previous news releases dated October 31 and November 16, 2023, all four drill holes (AJ23-06, AJ23-07, AJ23-08, and AJ23-09) beneath the Athelstan gold mine intercepted over 100 meter duration of extensive silicic and phyllic alteration accompanied by widespread sulphide mineralization. These zones included multi-metre quartz shear and stockwork style vein intersections with all lithologies hosting widespread pyrrhotite and pyrite and lesser chalcopyrite and arsenopyrite. Although long grades of gold mineralization were intercepted (up to 150m) the grades were minimal with only two gold intercepts of note: AJ23-07 from 28m: 3.8 meters at 0.4 g/t Au including 1.9m at 0.60 g/t Au; AJ23-08: from 26m depth: 1.1 meters at 1.1 g/t Au. Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Michael Kriebel was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 02
Belmont Resources Ltd. Announces Board Changes Belmont Resources Ltd. announce the immediate appointment of Mr. Michael Kriebel to its board of directors. Mr. Michael Kriebel, a highly accomplished Certified Management Accountant based in Berlin, Germany, brings a wealth of experience to Belmont. Commencing his career in tax consulting, he swiftly progressed to serve as the Head of Accounting at a technology start-up in Germany. Michael's expertise extended to managing the accounting departments of the English, Polish, and Spanish subsidiaries of an esteemed international media corporation. Belmont is confident that Mr. Kriebel's extensive financial acumen and international business insights will be invaluable assets for the Company. The Company also announces the resignation of board member Mr. James Place. Mr. Place resigned his position to allow for the appointment of Mr. Kriebel. Mr. Place will continue on the Advisory Board. Tillkännagivande • Nov 18
Belmont Resources Inc.'s Drilling Intercepts Second 100+ Meter Long Mineralized Zone Beneath A-J Gold Zone Belmont Resources Ltd. announced that drill core logging has been completed on two additional drill holes AJ23-06 and AJ23-09 with visual analysis showing that a second mineralized zone of over 100 meters of extensive silicic and phyllic alteration accompanied by widespread sulphide mineralization was intersected. Drill holes AJ23-06 and AJ23-09 targeted a strong coincident geophysical anomaly beneath surface gold mineralization at the `A' Zone located 100 meters south east of drill holes AJ23-07 and AJ23-08 where both holes intercepted a 100 meter mineralized zone directly beneath the Athelstan gold mine. Silica, silica-carbonate and phyllic alteration intersected over 100 metre durations in all four diamond drill holes in the South Zone directly beneath and nearby the Athelstan mine. These mineralized zones appear to be correlative between drill holes and could represent a 100 metre step out, along the strike of the Athelstan gold zone trend. The discovery of multi-metre quartz shear and stockwork style vein intersections with all lithologies hosting widespread pyrrhotite and pyrite and lesser chalco and arsenopyrite may potentially be one or more conduits and fracture spaces for deep seated mineralizing hydrothermal fluids and related to the auriferous deposits found in the historic gold mining above. Shallow listwanite units (oxidized to unweathered) were consistently intersected along with very wide intense alteration zones with moderate sulphide mineralization at depths previously untested with historic exploration drilling or mining. The recently completed 9 hole, 2,000m drill program tested several coincident geophysical-geological anomalies on the A-J property. Drill holes AJ23-01 to 05 were drilled in the North Zone with drill holes AJ23-06 to 09 drilled in the South Zone. South Zone: Potential near-surface resource with high-grade feeder system: South Zone drilling tested for a potential feeder contact/structure for the near-surface gold mineralization within a 1.0 km mineralized gold trend which includes the Athelstan and Jackpot past producing gold mines which produced 7,600 ozs Au & 9,000 oz Ag (Minfile 082ESE047) Along with the two former gold mines this trend includes numerous trenches, pits and adit as well as mine waste dumps. Sampling in this area has returned extensive high gold and silver results. In particular sampling of the mine dumps have returned grades as high as 1 oz/ton gold and over 5 oz/ton silver. Gold mineralization in this zone is coincident with 2020 IP survey signatures of subsurface chargeability and resistivity highs, in addition to overlapping magnetic lows. All interpreted to potentially relate to the presence of sulphide mineralization, as well as silica, silica-carbonate and phyllic alteration zones. Core logging of all four drill holes from the South Zone has now been completed with drill samples being sent to MSA Labs in Langley B.C. Logging of North Zone drill holes AJ23-01 to 05 continues and is expected to be completed in the next week. Listwanite and Serpentinite: Listwanite (carbonated serpentinite) is a term to describe the silica-carbonate alteration of serpentinite and is commonly associated with high-grade lode-gold mineralization. All of the historic production from the property, and the vast majority of the previous exploration, all of which were in the South Zone, has been directed at massive sulfide and oxidized sulfide zones within listwanite. During the serpentinization process any gold present in the serpentine may be assimilated with secondary sulfides and/or magnetite and could be indicative by the magnetic anomalies within the property. These opaque minerals (magnetite) are subsequently destroyed in talc-carbonate alteration zones (magnetic low features), which results in gold being released from the serpentinite wall rocks and transported in solution. The gold and silica-rich fluids are transported to higher crustal levels via faults where the change in conditions (lower temperature, pH and O2) results in the precipitation of gold, quartz and sulfides. The Mother Lode gold district in California and the Abitibi greenstone belt of the Superior Province of Canada are two of the most well-known examples of listwanite-associated lode-gold in North America. In general, the richest gold grades within these deposits are associated with, or in close proximity to carbonate-altered ultramafic rocks (Listwanite). Listwanite is also directly associated with several multi- million ounce gold deposits in British Columbia, Atlin, Bralorne and Barkerville. Tillkännagivande • Nov 17
Belmont Resources Inc. announced that it has received CAD 0.42 million in funding On November 15, 2023, Belmont Resources Inc. closed the transaction. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 2 placees. Tillkännagivande • Oct 17
Belmont Resources Ltd. Commences Drilling At A-J Gold Project, B.C Belmont Resources Ltd. announced that diamond drilling has now commenced at its 100% owned A-J gold project situated in the prolific Greenwood mining camp of southern British Columbia. The planned initial program will be a minimum 2,000m in up to 10 drill holes. The A-J gold property hosts the former producing Athelstan and Jackpot mines which produced 7,000 ounces of gold and 9,000 ounces of silver (Minfile 082ESE047). The program is designed to test a multi-coincident geophysical anomaly located within the North Zone of the property. The Jackpot fault directly intersects this anomalous zone potentially providing a conduit for the hydrothermal fluids and subsequent precipitation of gold mineralization. This target is on strike with a south east trending 1km gold trend on the adjacent Golden Crown property. This gold trend hosts the Golden Crown mine which has a 2016 NI43-101 Indicated Resource of 163,000 tonnes @11.09 g/t Au.1. 4 Drill Holes Completed. Four drill holes, AJ23-01-04, have been completed to date. The drill core is currently being logged and samples are being prepped for delivery to ALS laboratories in Kamloops B.C. New Risk • Oct 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$540k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$540k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (€1.64m market cap, or US$1.74m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Tillkännagivande • Sep 26
Belmont Resources Inc. Announces Appointment Mr. Patrick Brandl as New Director Belmont Resources Ltd. announced the appointment of a new director Mr. Patrick Brandl, Senior Partner of bgm Partners with offices in Vienna Austria and Luzern, Switzerland. Patrick holds a master's degree in law and business administration. He began his career as a global commodity trader, quickly advancing to the Board of Directors, overseeing global export and processing operations. He later became a Board Member and 40% shareholder in a Swiss trading firm, also assuming the role of CEO and 40% owner of the Russia & Baltic States Subsidiary for a major European processing & retail company. Patrick then transitioned into corporate finance and investment banking, where he became a partner at a US boutique and later at PriceWaterhouseCoopers (PwC), leading the firm's corporate finance practice in Austria & CEE. He subsequently served as the head of global investment banking for the Swiss Valartis Banking Group. Following a management buyout, Patrick became the Senior Partner of bgm Partners Group, a Switzerland and Austriabased firm specializing in investment banking and corporate finance services for the commodity & mining industries, with additional investments in the mining & minerals processing sector. Patrick is a seasoned entrepreneur with board memberships in various entities across the commodity trading & processing and mining sectors. Board Change • Aug 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Director Jim Place was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Jul 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (€2.43m market cap, or US$2.68m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Tillkännagivande • Jul 27
Belmont Resources Inc. announced that it has received CAD 0.444 million in funding Belmont Resources Inc. announced non-brokered private placement of 14,800,000 common shares at CAD 0.03 per share for gross proceeds of CAD 444,000 on July 25, 2023. The common shares issued will be subject to a hold period expiring four months and one day from issuance. The company will now apply to the TSX Venture Exchange to issue the common shares. As part of the transaction there is no finder’s fee to be paid. The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from placees. New Risk • Jun 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.2m free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (€1.34m market cap, or US$1.44m). Board Change • Jun 10
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Chairman, President & CEO George Sookochoff was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Tillkännagivande • May 17
Belmont Resources Inc., Annual General Meeting, Jul 28, 2023 Belmont Resources Inc., Annual General Meeting, Jul 28, 2023. Board Change • Jan 19
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). Chairman, President & CEO George Sookochoff was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Geoffrey D. Peretz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Geoffrey D. Peretz was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Laurence Sookochoff was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Laurence Sookochoff was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
