BMX.B Bellamont Exploration Ltd, CL B

CALGARY, May 11 /CNW/ -- /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, May 11 /CNW/ - Bellamont Exploration Ltd. (the "Corporation" or "Bellamont") (TSXV: BMX.A) (TSXV: BMX.B) is pleased to announce an increase to its credit facility. Bellamont's lender, National Bank Financial, has agreed to a 20% increase of the Corporation's revolving credit facility from $50.0 million to $60.0 million.  This is the third successive increase to the facility following Bellamont's acquisition of Standard Energy Inc. in February of 2010, and is reflective of Bellamont's continued drilling success. ANNUAL MEETING Bellamont's annual shareholder meeting will be held at 3:00 p.m.  on June 2, 2011 in the Livingston Place Conference Centre, Livingstone Place, South Tower, 2(nd) Floor, 222 3(rd) Avenue S.W., Calgary Alberta. The TSX Venture Exchange has not reviewed and does not accept 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/May2011/11/c3802.html p Steve Moran, President and Chief Executive Officer, (403) 802-1355; orbr/ Tavis Carlson, Vice President Finance and Chief Financial Officer, (403) 802-0117br/ 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

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