Belvedere Resources Ltd.: Correction to December 24, 2014 News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 26, 2014) - Belvedere Resources Ltd. (TSX VENTURE:BEL)("Belvedere" or the "Company") wishes to correct the expiry date of the four month hold period in connection with the common shares issued under the first tranche of a private placement as announced in the news release dated December 24, 2014. The four month hold period expiry date should have read April 24, 2015 instead of April 25, 2015. All other statements in the news release are identical.

BELVEDERE RESOURCES LTD.

David Pym, CEO; Suite #404, Vancouver World Trade Centre, 999 Canada Place, Vancouver, B.C. V6C 3E2, Canada

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.