Belmont Resources Inc.·Basic Materials

VANCOUVER, British Columbia, May 13, 2026 (GLOBE NEWSWIRE) -- Commodities & Resources PTE Ltd. (“C&R”), a private investment company incorporated in Singapore, announces that on May 12, 2026, C&R sold 18,000,000 Common Shares of Belmont Resources Inc. (TSX-V: BEA) (the “Issuer”) to HMS Bergbau AG (the “Acquiror”) pursuant to a private agreement. The purchase price was $0.045 per share, for total purchase proceeds paid by the Acquiror to C&R of $810,000.

VANCOUVER, British Columbia, May 12, 2026 (GLOBE NEWSWIRE) -- HMS Bergbau AG (the “Acquiror”), a public commodities marketing company incorporated in Germany, announces that on May 12, 2026, the Acquiror acquired a total of 43,300,000 Common Shares of Belmont Resources Inc. (the “Issuer”) from three existing shareholders of the Issuer (the “Vendors”), pursuant to private agreements, for total purchase proceeds paid by the Acquiror to the Vendors of $1,737,940. The Acquiror purchased 18,000,000 Common Shares from ERAG Energie & Rohstoff AG PCC (“ERAG”) for a purchase price of $0.0333 per share, 7,300,000 Common Shares from LaVo Verwaltungsgesellschaft MBH (“LaVo”) for a purchase price of $0.045 per share, and 18,000,000 Common Shares from Commodities and Resources Pte. Ltd. (“C&R”) for a purchase price of $0.045 per share.
Belmont Resources Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. It explores for copper, gold, lithium, and uranium projects located in British Columbia, Saskatchewan, Washington, and Nevada States. The company holds a 100% interest in the Come By Chance copper-gold porphyry project located in the Greenwood mining camp. Belmont Resources Inc. was incorporated in 1978 and is headquartered in Vancouver, Canada.
Basic Materials
Industrial Materials
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2021-02-09
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