Belmont Resources Inc V.BEA

Alternate Symbol(s): BELMF

Metals & Mining Industrial Metals & Minerals

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.

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Belmont Resources Inc > Final Tranche of Oversubscribed There is our answer

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Comment by guerreiroon Feb 08, 2021 9:39pm

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Post# 32508837

RE:RE:RE:RE:Final Tranche of Oversubscribed There is our answer

The stock was sold for the financing and repurchased the Units with a warrant for the same price and the stock is kept in good strong hands that don't want to lose control, ( family arrangement type of a deal or I am I wrong ) other shareholders should have had the same option. (Okay with me)

Each unit consists of one common share of the company and one transferable share purchase warrant ("warrant"). Each warrant entitles the holder to purchase one common share at a price of $0.10 for a period of two years.

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Advancing flagship Ishkõday Gold Project in Ontario