Belvedere Resources Limited: Directors' Resignations

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 25, 2016) - Belvedere Resources Ltd. (TSX VENTURE:BEL) ("Belvedere") announces the resignation of David Pym, Toby Strauss and Markku Isohanni from the Board of Directors.

"Regrettably due to setbacks in its funding efforts last year, the Company had to place its key operating subsidiary Belvedere Mining OY into administration last December," said Brian Hinchcliffe Company CEO, "As the Company restructures, it wishes to thank Messrs, Pym, Strauss and Isohanni for their time, service and for their hard work during their tenure."

BELVEDERE RESOURCES LTD.

Brian Hinchcliffe, Executive Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.