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Mobile Old Site Home Daily Products Help Contact Us Your Account System Status Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS 15:55:55 EDT Fri 28 Apr 2017 Quotes Charts News Indexes Portfolio Analytics Mutual Funds Enter Symbol or Name USA CA Quote Chart News Closes Depth Secure server login Forgot password? Trouble logging in? Login ID: Password: Save Belmont Resources Inc (3) Symbol C : BEA Shares Issued 45,000,953 Close 2017-04-27 C$ 0.065 Recent Sedar Documents View Original Document Belmont Resources receives DTC eligibility 2017-04-28 13:24 ET - News Release Mr. Gary Musil reports BELMONT ENHANCES USA MARKET PROFILE AND TRADING WITH DTC ELIGIBILITY APPROVAL ON OTC & EXHIBITS AT MINES & MONEY-NEW YORK Belmont Resources Inc. has been made eligible for book-entry delivery and depository services of the Depository Trust Company to facilitate electronic settlement and transfer of its common shares on the U.S. OTC stock exchange. The Depository Trust Company is one of the world's largest securities depositories. While there is no requirement that any security be held at DTC to trade, many brokerage firms and issuers want to take advantage of the efficiencies and cost benefits that DTC offers. In contrast, many stock exchanges require DTC eligibility prior to listing of a security. The DTC accepts deposits of securities from its participants only, which are usually clearing firms. DTC helps boost efficiencies, reduce risk and lower costs for participants, issuers and investors throughout the cycle of a security. The benefits begin with the eligibility/underwriting process, which enables the initial distribution of a security offering to be made electronically to financial institutions that are DTC participants and ultimately to investors. Once a security becomes eligible, DTC, through its nominee Cede & Co., is the registered holder of the securities, routinely managing the electronic, book-entry transfers of interests in securities among participants. These participants are often holding and transferring interests in the securities at the direction of their customers, including ultimate beneficial owners. This electronic method of clearing securities accelerates the receipt of stock and cash, and thus streamlines the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements. "This approval will broaden Belmont's appeal to U.S. investors and will allow brokers and professional advisers previously unable or unwilling to follow or recommend the company's stock to become more familiar with our corporate story at this pivotal stage of our company," stated Gary Musil, chief financial officer. Mines and Money -- New York Belmont Resources, with Zimtu Capital Corp. and other Zimtu Advantage clients, will be exhibiting at the Mines and Money conference located at the New York Hilton Midtown. For the first time in its 13-year history, Mines and Money is coming to New York. The conference brings together world-renowned expertise, the world's leading institutional investors, mining developers (major, mid-tier and junior), and mergers and acquisitions and industry experts for comprehensive coverage of opportunities in the mining finance landscape. The company would like to invite you to meet the Belmont Resources and Zimtu Capital team at the Zimtu Capital booth from 9 p.m. to 6 p.m. on Wednesday, May 3, 2017, and on Thursday, May 4, 2017. Register on-line. About Belmont Resources Inc. Belmont is an emerging resource company engaged in the acquisition, exploration and development of mineral properties in Canada and Nevada, United States. On March 30, 2016, the company acquired 16 placer mining claims, representing 1,036 hectares (2,560 acres) in Esmeralda county, Nevada, U.S. The Kibby basin property is located 65 kilometres north of Clayton Valley, Nevada, U.S. On July 11, 2016, the company reported it has arranged the staking of 213-acre-by-20-acre additional placer mineral claims totalling approximately 1,724 hectares (4,260 acres), adjoining the Kibby's 16, increasing the total Kibby basin land position to 2,760 hectares (6,820 acres). In 50/50 ownership with International Montoro Resources Inc., Belmont has acquired and is exploring joint venture opportunities for its two significant uranium properties (Crackingstone -- 982 hectares and Orbit Lake -- 11,109 hectares) in the Uranium City district in Northern Saskatchewan, Canada. We seek Safe Harbor. 2017 Canjex Publishing Ltd. All rights reserved. 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