Vancouver, B.C. Canada, August 28, 2012 – Belmont Resources Inc. (“Belmont”, the “Company” or “BEA”) held its Annual General & Special Meeting on August 27, 2012. At the meeting the shareholders re-elected Vojtech Agyagos, Gary Musil, Jake Bottay, Roger Agyagos, Vadim Degen and Joseph P. Ringwald for the upcoming year.

Shareholders approved, subject to acceptance by the TSX Venture Exchange, the Company’s 2012 Incentive Stock Option Plan. Shareholders also approved the re-appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Accountants as auditors for the ensuing year and authorized the Directors to fix their remuneration.

All other resolutions submitted by management to shareholders for consideration were approved as presented.

At the Directors Meeting following, the directors re-appointed Vojtech Agyagos as President/Chief Executive Officer and Gary Musil as Corporate Secretary/Chief Financial Officer for the upcoming year.

The Board of Directors would like to thank the Company’s shareholders for their continued support throughout the past year.

About Belmont Resources Inc.

In February 2010 the Company entered into an option to acquire 100% interest in 3,040 ha. (23 contiguous mineral claims), known as the Lumby/Bufo property located approximately 35 km. northeast of the town of Atikokan and adjoining on strike to the north-northeast with the Osisko Mining Corp. (former Brett Resources Inc.) “Hammond Reef” gold deposit.

Belmont (50/50) with International Montoro Resources Inc. has acquired and explored two significant uranium properties (Crackingstone -982 ha & Orbit Lake – 11,109 ha) in the Uranium City District in Northern Saskatchewan. The Company also holds interests (50/50 with Int. Montoro Res.) in one rare earth mineral claim block in the Central Mineral Belt in Labrador.

The Company has recently entered into a property option agreement to acquire four groups (51) mineral claims, representing 2,254.27 hectares located in the Berthiaume, Orvilliers and Joutel Townships, all located within the Abitibi Harricana-Turgeon volcanic greenstone of Northwestern, Quebec. This belt hosts several world class deposits that have produced both gold and base metals.

Further information can be obtained from the Company website at and, or by phoning 604-683-6648.

“Gary Musil”
Gary Musil,

The statements used in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Companies forward-looking statements and expectations. Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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