Bellamont Exploration Ltd, CL B (TSXV:BMX.B)
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CALGARY, July 4, 2011 /CNW/ --
Not for distribution to U.S. newswire services or for dissemination in
the United States.
CALGARY, July 4, 2011 /CNW/ - Bellamont Exploration Ltd. ("Bellamont" or
the "Corporation") (TSXV: BMX.A, BMX.B) is pleased announce the
appointment of Mr. Peter O'Leary, P. Geol. as Vice President,
Exploration.
Mr. O'Leary has over 22 years of oil and gas experience, in roles of
increasing responsibility, including senior management. Most recently,
Mr. O'Leary was a Vice President of a public intermediate oil and gas
producer. Mr. O'Leary has previously worked with several of
Bellamont's senior management team and his geological expertise, with a
recent concentration on the Montney Formation, is very complimentary to
Bellamont's key focus areas of the Peace River Arch of Alberta and
British Columbia.
The Corporation has granted 700,000 stock options to Mr. O'Leary
pursuant to its stock option plan. These options were issued at a
price of $0.50 per share, Bellamont's closing price as of June 30,
2011. The options are exercisable over a five year period and vest over
three years.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Not for distribution to U.S. newswire services or for dissemination in
the United States. Any failure to comply with this restriction may
constitute a violation of U.S. securities law.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/05/c3242.html
p Steve Moran, President and Chief Executive Officer, (403) 802-1355; orbr/ Tavis Carlson, Vice President Finance and Chief Financial Officerbr/ 1208, 250- 2supnd/sup Street S.W. Calgary, Alberta T2P 0C1br/ Email: a href="mailto:info@bellamont.com"info@bellamont.com/abr/ a href="http://www.bellamont.com"www.bellamont.com/a /p