Vancouver, B.C. Canada, June 28, 2019 – Belmont Resources Inc. (“Belmont”, or the “Company”), (TSX.V: BEA; FSE: L3L1; DTC Eligible – CUSIP 080499502 -new).
Via E-mail: firstname.lastname@example.org
Belmont Resources Inc.
#600 – 625 Howe Street
Attention: Shelley McDonald
Re: BELMONT RESOURCES INC. (the “Company”) – Submission #237685 Private Placement-Non-Brokered
This is to confirm that TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 17, 2019:
|Number of Shares:||4,200,000 shares|
|Purchase Price:||$0.06 per share|
|Warrants:||4,200,000 share purchase warrants to purchase 4,200,000 shares|
|Warrant Exercise Price:||$0.08 for a two year period|
|Number of Placees:||11 placees|
|Insider / Pro Group Participation:|
|Name||Insider=Y / ProGroup=P||# of Shares|
|Aggregate Pro Group Involvement [3 placees]||P||400,000|
|Finder’s Fee:||Haywood Securities Inc. – $6,240.00 and 104,000 Finder’s Warrants that are exercisable into common shares at $0.08 per share for a two year period. Canaccord Genuity Corp. – $1,200.00 and 20,000 Finder’s Warrants that BELMONT RESOURCES INC. are exercisable into common shares at $0.08 per share for a two year period. PI Financial Corp. – $3,360.00 and 56,000 Finder’s Warrants that are exercisable into common shares at $0.08 per share for a two year period.|
Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release dated June 27, 2019 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.
This e-mail will be the only copy you receive. Should you have any questions, please contact the undersigned at 604-643-6535 / FAX: 604-844-7502 / EMAIL: email@example.com.
(signed) “Justine Wong”
Listed Issuer Services
650 West Georgia Street, Suite 2700, Vancouver, BC, V6B 4N9