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Belmont Resources Inc V.BEA

Alternate Symbol(s):  BELMF

Belmont Resources Inc. is a Canada-based company. The Company is engaged in operating a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States. Its holdings include Athelstan-Jackpot (A-J), Crackingstone Uranium, Come By Chance (CBC), Lone Star Copper-Gold, and Kibby Basin Lithium. The A-J is the Company’s two former gold mines. Athelstan gold mine area drilling indicates a peripheral alteration zone to a potential deep-seated copper-gold porphyry. The Crackingstone Uranium is a high-grade uranium property situated in the prolific Beaverlodge Uranium District of the Athabasca basin. The Project covers four kilometers of the Black Bay Shear Zone, a northeast trending magnetic low corridor which hosts four past producing mines. CBC offers a potential large copper-gold porphyry. The Kibby Basin Lithium project is located 60 kilometers north of the lithium-rich Clayton Valley Basin.


TSXV:BEA - Post by User

Bullboard Posts
Comment by turbomuton Jan 29, 2011 3:58pm
296 Views
Post# 18045760

RE: RE: RE: Notice... No one left but you guys...

RE: RE: RE: Notice... No one left but you guys...

The offering was placed through three main groups: the Capital Street Group (which included subscriptions from Casimir Capital Ltd. and Wellington West Capital); the MineralFields Group of Companies; and a number of private investors. Finder's fees of $59,702, equal to 6% or 8% of the amounts placed by certain finders, were paid in cash and 602,520 finder's warrants were issued by the Company. BCGold Corp. intends to use the proceeds from this offering for exploration work on a number of its Yukon and B.C. generative initiatives and exploration projects, including the Engineer Mine Property, and for general working capital purposes.

The shares and any shares issued on the exercise of the Warrants or Broker Warrants, are subject to a restricted resale period under Canadian securities laws and cannot be traded before March 1, 2011.

No directors or insiders of the Company participated in this financing.

About BCGold

 

 Go down stairs and do some more DD

 

This is Belmons board and i will not post anymore BCGold crap for this idiot

Turbomut

Bullboard Posts