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 prior to holding a variety of senior positions in the banking and financial market including Managing Director of Australian Investment Finance Ltd (AIFC), a consortium merchant bank whose shareholders included Mitsubishi Trust, ANZ Bank and Bank of Montreal and Managing Director of Security Pacific Australia Ltd, wholly owned subsidiary of Security Pacific Bank of California. Whilst with Security Pacific, Mr. Kempson was instrumental in or
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 the Cape York Peninsular region of North Queensland for a total consideration of US$2.8 million in cash. Total area covered by the exploration and production permits is approximately 11,500 hectares of alluvial gold resource and the acquisition includes full extraction and processing infrastructure, including excavators, haulage vehicles, a trommel based gold separation facility, worker accommodation