BELMONT RESOURCES INC. ("BEA") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: July 7, 2020 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 17, 2020:
Number of Shares: 500,000 shares
Purchase Price: $0.05 per share
Warrants: 500,000 share purchase warrants to purchase 500,000 shares
Warrant Exercise Price: $0.08 for a one year period
Number of Placees: 1 placee
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.] ________________________________________
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