ERAG Energie & Rohstoff AG Announces Acquisition of Shares of Belmont Resources Inc.

Core Viewpoint - ERAG Energie & Rohstoff AG PCC, along with HMS Bergbau AG and LaVo Verwaltungsgesellschaft MBH, has acquired a significant stake in Belmont Resources Inc. through a private placement of common shares, increasing their combined ownership to approximately 37.4% of the issuer's outstanding shares [1][3]. Group 1: Acquisition Details - On July 17, 2025, the Acquiror and its joint actors acquired a total of 26,300,000 common shares of Belmont Resources Inc. at a price of $0.045 per share, raising proceeds of $1,183,500 [1]. - The Acquiror purchased 4,000,000 common shares, HMS purchased 15,000,000 common shares, and LaVo purchased 7,300,000 common shares as part of the private placement [1]. - This private placement was the second tranche of a larger offering, with a total of 30,300,000 common shares issued by the issuer [2]. Group 2: Ownership Structure - Prior to the private placement, the Acquiror held 14,000,000 common shares, and HMS held 9,200,000 common shares, totaling 23,200,000 common shares, which represented approximately 21.8% of the issuer's outstanding shares [2]. - Following the completion of the private placement, the Acquiror now holds 18,000,000 common shares, HMS holds 24,200,000 common shares, and LaVo holds 7,300,000 common shares, leading to combined holdings of 49,500,000 common shares, or approximately 37.4% of the issuer's outstanding shares [3]. Group 3: Future Intentions - The Acquiror, HMS, and LaVo have indicated that their purchases were made for business and investment purposes, and they may adjust their ownership based on market conditions and other investment opportunities [4]. - An Early Warning Report has been filed by the Acquiror with the relevant securities regulatory authorities to disclose the transaction details [5].