BELMONT RESOURCES INC. ("BEA") BULLETIN DATE: March 2, 2017TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced February 15, 2017 and February 27, 2017:

    Number of Shares:       3,140,000 shares


    Purchase Price:                                    $0.05 per share


    Warrants:                3,140,000 share purchase warrants to
                             purchase 3,140,000 shares


    Warrant Exercise Price:                $0.08 for a one year period


                                              $0.10 in the second year


    Number of Placees:      15 Placees

Insider / Pro Group Participation:

    Name                               Insider=Y / # of Shares
                                       ProGroup=P


    Duster Capital Corp. (Dusan Berka) Y                         150,000

    Aggregate Pro Group Involvement    P                       1,000,000

      [3 Placee(s)]

    Finder's Fee:  Haywood Securities Inc. -
                   $6,000 and 120,000 warrants
                   that are exercisable into
                   common shares at $0.08 per
                   share in the first year and
                   at $0.10 per share in the
                   second year.


                  PI Financial Corp. -$2,500
                   and 50,000 warrants that are
                   exercisable into common
                   shares at $0.08 per share in
                   the first year and at $0.10
                   per share in the second year.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release on March 1, 2017 announcing the closing of the private placement and setting out the expiry dates of the hold period(s). 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.