The annual general meeting of Belmont Resources Inc. was held on July 15, 2016. At the meeting, the shareholders re-elected Vojtech Agyagos, Gary Musil, Roger Agyagos, Jake Bottay and Dusan Berka for the coming year.

The scrutineer reported that there were a total of 29 shareholders holding 4,649,883 shares represented in person or by proxy at this meeting. This represents 14.16 per cent of the total 32,828,453 shares issued and outstanding.

On a show of hands, the chairman declared that the shareholders ratified the election of the directors for all nominees listed in the attached table to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed.

                        For   Withheld    % of votes cast for

Vojtech Agyagos   4,649,883          0                100.00%
Gary Musil        4,647,383      2,500                 99.94%
Roger Agyagos     4,649,883          0                100.00%
Jake Bottay       4,649,883          0                100.00%
Dusan Berka       4,647,383      2,500                 99.94%

Shareholders approved, subject to acceptance by the TSX Venture Exchange, the company's 2016 incentive stock option plan. Shareholders also approved the reappointment of Dale Matheson Carr-Hilton Labonte LLP, chartered accountant, as auditor for the ensuring year and authorized the directors to fix its remuneration.

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

At the directors meeting following the annual general meeting, the directors reappointed Mr. Agyagos as president/chief executive officer and Mr. Musil as corporate secretary/chief financial officer for the coming year. The audit committee will comprise Mr. Musil, Mr. Bottay and Mr. Berka.

The board of directors would like to thank the company's shareholders for their continued support throughout the past year and looks forward to an exciting new year as it continues the exploration and development of the new lithium potential property in the Kibby basin in Nevada.

We seek Safe Harbor.