Brookmount Gold Announces Record Q2 Results from Gold Mining Operations at Talawaan
Reno, Nevada--(Newsfile Corp. - July 22, 2024) - Brookmount Gold is pleased to report record gold sales of $5.4 million in Q2 2024, along with record net income of $2.9 million. "As we transition to taking full operating control of the Talawaan Mine I'm very pleased to see operations producing an increasing gold yield," commented CEO Nils Ollquist. "Our record Q2 results are a combination of increased focus on a high-yield gold seam, a dedicated local workforce, and...
2024-07-22 9:15 AM EDT
Brookmount Gold Announces Buyout of Joint Venture Partner and Associated Terms
Reno, Nevada--(Newsfile Corp. - July 2, 2024) - The Board of Directors of Brookmount Gold (OTC Pink: BMXI) is pleased to announce that a definitive agreement for the acquisition of 100% ownership and control of The Company's operations in Talawaan has now been signed. "This is a significant milestone for Brookmount Gold and lays the groundwork for our future," commented CEO Nils Ollquist. "Whilst the agreement will facilitate full management control of the Talawaan operation by the Company,...
2024-07-02 9:45 AM EDT
Brookmount Gold Announces Updates on PCAOB Audit, Joint-Venture Buyout, and Dividend Spinoff
Reno, Nevada--(Newsfile Corp. - April 26, 2024) - Brookmount Gold, (OTC Pink: BMXI) a gold-producing and profitable gold mining company with production operations in Indonesia and investments in North America today announced updates to three important upcoming milestones for the Company. "We are proud of our dedicated operating team in Indonesia who has, year after year, laid the groundwork for our success," commented Brookmount Gold CEO, Nils Ollquist. "We look forward to completing our...
2024-04-26 11:00 AM EDT
Brookmount Explorations, Inc. Announces Agreement to Acquire South African Gold Assets
Reno, Nevada--(Newsfile Corp. - March 31, 2021) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), a Nevada incorporated company is pleased to announce that it has now entered into a definitive Letter of Intent ("LoI") to acquire Australian based Macquarie Metals Ltd, the owner of Vantage Goldfields Ltd ("Vantage"), which owns and has operated 2 gold mines situated close to Johannesburg, South Africa: Details of the proposed transaction are as follows: The Vantage Assets: The...
2021-03-31 6:30 AM EDT
Brookmount Explorations, Inc. Reports Financial Results and Progress Update
Reno, Nevada--(Newsfile Corp. - March 22, 2021) - Brookmount Explorations, Inc. (OTC Pink: BMXI) ("Brookmount"), a Nevada incorporated company, is pleased to provide this update to shareholders on its financial and operational progress. On Wednesday, the Company filed its amended report and accounts for the 2020 financial year. The Company recorded sales of approximately $11 million, compared with $7 million for the previous year, an increase of 57%. Net income increased to $5.7 million for...
2021-03-22 9:30 AM EDT
Brookmount Explorations Engages Milestone Management Services
Los Angeles, California--(Newsfile Corp. - January 27, 2021) - Brookmount Explorations, Inc. (OTC PINK: BMXI) announced that they have finalized a three-month agreement to engage Milestone Management Services to lead their Corporate Communications and Investor Awareness program."It's exciting to work with a company like Brookmount that is a revenue generating company with plans of continued expansion. My team and I are very bullish on the gold and silver industry outperforming expectations....
2021-01-27 9:30 AM EST
Brookmount Explorations, Inc. Appoints Independent Director
Los Angeles, California--(Newsfile Corp. - January 13, 2021) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), a Nevada incorporated company is pleased to announce the appointment of an independent director, Mr. Frederick C. Kempson to its board of directors. Mr. Kempson is a highly experienced international banker who commenced his career with the Reserve Bank of Australia, and was integral in the development of the official money market and brokerage industry in Australia...
2021-01-13 9:30 AM EST
Brookmount Explorations, Inc. Announces Preliminary Agreement to Acquire Australian Gold Business
Los Angeles, California--(Newsfile Corp. - December 15, 2020) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), a Nevada incorporated company with a global gold production and development platform, is pleased to announce that it has entered into a Memorandum of Understanding ("MoU") to acquire an Australian incorporated company, Wellington Mining & Exploration Pty. Ltd. ("Wellington"), together with mining and exploration permits within the Palmer River Gold Field situated in...
2020-12-15 9:30 AM EST
Brookmount Explorations, Inc. Reports Record 3rd Quarter Earnings
Los Angeles, California--(Newsfile Corp. - October 20, 2020) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), a Nevada incorporated company is pleased to provide this update to shareholders on its financial results for the 3rd quarter and an update on operationsThe Company has filed its financial results for the quarter ended 8/31/2020. Highlights included:The Company recorded exceptional operating results for the 3rd quarter with net profit of $1.8 million, compared with...
2020-10-20 9:30 AM EDT
Brookmount Explorations, Inc. Announces Change of Name to Brookmount Gold Corporation
Los Angeles, California--(Newsfile Corp. - August 31, 2020) - Brookmount Explorations, Inc. (OTC Pink: BMXI) ("Brookmount"), a Nevada incorporated company, is pleased to announce that the Company has received consent from its board of directors that, subject to receipt of approval of a majority of the Company's shareholders, the name of the Company will be changed to Brookmount Gold Corporation from Brookmount Explorations, Inc. to more accurately reflect the Company's status as an active...
2020-08-31 11:10 AM EDT
Brookmount Explorations, Inc. Experiences No Impact to Primary Operations Due to COVID-19
Los Angeles, California--(Newsfile Corp. - August 20, 2020) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), a Nevada incorporated company is pleased to provide this update to shareholders on recent developments, particularly with respect to the impact of COVID-19 on the Company's operations. Management are delighted to confirm that operational results for the 2020 year will not be affected by the global COVID-19 crisis. Our primary operations at Talawaan are performing...
2020-08-20 9:30 AM EDT
Brookmount Explorations, Inc. Shareholder Update
Los Angeles, California--(Newsfile Corp. - July 27, 2020) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), a Nevada incorporated company is pleased to provide this update to shareholders on recent developments, including a reverse stock split.To view an enhanced version of this graphic, please visit:
2020-07-27 6:30 AM EDT
Brookmount Explorations, Inc. Revenue Jumps 256.7% for the Latest Quarter; Net Income Increases 313.2%
Los Angeles, California--(Newsfile Corp. - July 16, 2020) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), is pleased to provide this update to shareholders on its operational and financial progress for the quarter ending May 31, 2020. The Company has filed its 2nd quarter financial results which included record quarterly revenue and earnings. Financial Highlights for the quarter ending May 31, 2020 include:Total Assets increased 89.9% to $10,842,000 from $5,708,000 during the...
2020-07-16 6:30 AM EDT
Brookmount Explorations, Inc. Progress Report and Financial Results
Los Angeles, California--(Newsfile Corp. - December 9, 2019) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ("Brookmount"), a Nevada incorporated company is pleased to provide this update to shareholders on its operational and financial progress. Last month, the Company filed its 3rd quarter financial results which included record quarterly revenue in excess of $1.5 million (a 50% increase on the comparable quarter last year) and operating income for the period of just under $500k. The...
2019-12-09 8:30 AM EST