Belmont Resources applies for U.S. market listing
posted on
Mar 15, 2017 11:57AM
Belmont Resources Inc. is an emerging resources company engaged in the acquisition, exploration and development of mineral properties; in Canada and United States.
2017-03-15 10:27 ET - News Release
Mr. Gary Musil reports
BELMONT SUBMITS APPLICATION FOR OTC -U.S.A. MARKET LISTING
Belmont Resources Inc. has arranged the filing of a 15c-211 application with the Financial Industry Regulatory Authority (FINRA) for a U.S. listing and its shares to be quoted on the OTC Markets with DTC eligibility.
Gary Musil, CFO commented, "Broadening the scope of access to real-time quotations, financial portals, online brokerages, and to trading platforms through a listing of the Company's securities on the OTC Marketplace in the USA, coupled with an existing listing in Canada, allows our North American shareholders to deal in our securities in their respective home jurisdictions and currencies and to participate in the success of our Company as we develop our Nevada lithium properties."
In October/November 2016 the Company was also introduced to the European marketplace, attending with Zimtu Capital Corp. and other associated companies on its European roadtrip. Belmont presented to industry experts and financial analysts in Geneva, Zurich, and Frankfurt, as well as showcased the Company for the final two days at the International Precious Metals & Commodities (Edelmetall & Rohstoffmesse) Show in Munich-Germany. The Company trades on the Frankfurt Stock Exchange under the symbol FSE: L3L1; as well as the Boerse Stuttgart Exchange.
President/CEO Vojtech Agyagos commented, "With drilling upcoming on our Kibby Basin-Nevada lithium claims, 2017 promises to be an exciting year."
About Belmont Resources Inc.
Belmont is an emerging resource company engaged in the acquisition, exploration and development of mineral properties in Canada and Nevada, U.S.A.
On March 30, 2016; the Company acquired sixteen placer (16) mining claims, representing 1036 hectares (2,560 acres) in Esmeralda County, Nevada, U.S.A. The Kibby Basin property is located 65 km north of Clayton Valley, Nevada-U.S.A. The Company believes the property to be highly prospective to host lithium.
On July 11, 2016; the Company reported it has arranged the staking of 213 x 20 acre additional placer mineral claims totaling approx. 1724 hectares ( 4,260 acres) , adjoining the Kibby 16, increasing the total Kibby Basin land position (the "Property") to 2760 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 ha & Orbit Lake - 11,109 ha) in the Uranium City District in Northern Saskatchewan, Canada
We seek Safe Harbor.