Welcome to our dedicated page for Brookmount Expl news (Ticker: BMXI), a resource for investors and traders seeking the latest updates and insights on Brookmount Expl stock.
Brookmount Gold Corp (Brookmount Explorations, Inc.) (OTC:BMXI) is a gold exploration and production company that regularly issues updates on its mining operations, corporate restructuring, and capital markets activities. This news page aggregates those disclosures, giving readers a single place to review company-issued information about its Southeast Asian mines and North American gold assets.
In its public releases, Brookmount highlights operational developments at its producing gold mines in Southeast Asia, including changes in production levels, investments in equipment, workforce expansion, and efforts to increase ore throughput and efficiency. The company also reports on geological and technical work, such as NI 43-101 report updates for its Moosehorn property in Canada and audit and consulting engagements for its Alaskan properties.
Brookmount’s news flow also covers corporate and financial topics. These include announcements about its Regulation A offering, the use of proceeds to reduce convertible debt and fund mining upgrades, agreements related to the repayment and settlement of convertible notes, and commentary on profitability and cash flow. The company has additionally provided detailed updates on the creation and development of its subsidiary North America Gold, Inc., the transfer of Moosehorn, Atlin, and Macarthur Creek into that entity, and plans for a special share dividend and separate listing.
Visitors can use this page to follow Brookmount’s own descriptions of its strategy, which emphasizes a combination of Southeast Asian production and North American exploration and development. By reviewing the sequence of press releases, readers can track how the company presents its progress on asset transfers, resource validation, audit milestones, and recapitalization steps over time.
Brookmount Gold (TSX-V:BMXI) announced progress on the North America Gold (NAG) spinoff and recapitalization, identifying three additional Nevada gold projects and confirming preliminary commitments.
The company expects an updated investor presentation and finalization of the special dividend date within February 2026, while completing asset acquisition documentation, audits and underwriting commitments ahead of an NAG public offering and exchange listing.
Brookmount Gold (OTC:BMXI) updated shareholders on subsidiary North American Gold's MooseHorn Gold Project in Yukon, Canada.
The 10,643-acre property includes 234 quartz claims, an existing camp, vehicles, and a fuel inventory of over 37,000 gallons. A prior NI 43-101 reports 39,040 oz inferred gold (stated value ~$190M); an updated NI 43-101 has been ordered. Historical placer production totals ~65,640 oz since 1978 and high-grade vein sampling (e.g., 2.2 oz/ton in 1993) is cited. Heavy equipment is being pre-positioned for winter access and the company indicates plans to begin mining in spring.
Brookmount Gold (OTC:BMXI) confirmed completion of the transfer of its Canadian and Alaskan gold properties into newly formed North America Gold (NAG). Brookmount shareholders will receive a 35% interest in NAG, which the company intends to list separately on a U.S. exchange. This month Brookmount will issue shares to founding shareholders and commence a share buyback program. NAG is being redomiciled to an offshore jurisdiction to facilitate listing; an updated NI 43-101 for the Moosehorn property and an investor deck will be posted shortly.
Brookmount Gold (OTC: BMXI) announced completion of the transfer of three North American properties into a new wholly owned subsidiary, North American Gold (NAG), capitalized at 20 million common shares.
Key points: Brookmount will retain 12 million NAG shares and distribute 7 million (35%) to Brookmount shareholders via a special dividend, equal to approximately 0.02 NAG shares per Brookmount share. NAG holds NI 43-101 accredited resource assets reported to exceed US$100 million. Stantec was appointed to update the NI 43-101 report and audits for Moosehorn and Alaskan properties are progressing, with reports expected largely complete before year end. The company plans investor materials and expects to meet potential US underwriters in January with a target offering and listing by end of June.
Brookmount Gold (OTC:BMXI) appointed Ryan Raharja as Chief Financial Officer for its Indonesian operations, effective February 15.
Raharja is a licensed CPA with a Bachelor of Accounting from Universitas Trisakti and a Masters in International Business from Spolecsna Akademie Nauk. He spent the past 4 years as Senior External Auditor at Russell Bedford SBR Indonesia and previously served as Senior Manager, Compliance Management at Prudential Indonesia.
He led the Russell Bedford team for Brookmount's 2021/22 audits and will assume responsibility for accounting, purchasing, sales, budgeting and financial controls, which the company says will help streamline completion of its ongoing 2023/24 audits.
Brookmount Gold (CSE:BMXI) announced completion of an agreement to transfer ownership of its three North American properties to a newly formed company, North America Gold, and to distribute shares in that company to Brookmount shareholders by way of a special share dividend. The company said details on the dividend amount and settlement date will be provided shortly.
The Board retained Stantec to update and revalidate the NI 43-101 technical report for the Canadian property and BDO Consulting to complete audit reviews for the two Alaskan properties. These reports are expected largely complete before year end to support an SEC registration statement, engagement of underwriter(s), and a planned NYSE American listing of North America Gold in Q1 2026.
Brookmount Exploration (OTC:BMXI) announced on November 24, 2025 the termination of its Regulation A offering after issuing 92,750,000 of the 125,000,000 shares offered; the remaining 32,250,000 shares will be returned to the company treasury.
The majority of offering proceeds were used to pay down convertible debt and to upgrade and expand gold mining operations in Indonesia. Surplus cash is being held to cover costs for the planned rollout and listing of a newly incorporated wholly owned subsidiary, North America Gold (NAG).
NAG is in the process of acquiring Brookmount’s three North American gold properties via a stock-based transaction using a pricing formula tied to existing NI 43-101 certified reserve values. Moosehorn has a reported initial NI 43-101 pit-constrained inferred resource of 39,040 ounces. Management expects property audit confirmations within about one month and says initial NAG valuation models show NPV figures above USD $100 million.
Brookmount Gold (OTC:BMXI) announced progress toward a planned Q1 2026 spinoff of its North American assets into a newly formed Nevada company, North America Gold, Inc. Brookmount will transfer three North American gold properties to the subsidiary in a stock-based deal using a pricing formula tied to existing NI 43-101 certified reserve values, then retain ~60% while distributing ~40% to Brookmount shareholders as a special dividend.
Brookmount has engaged geological consultants to revalidate NI 43-101 reports within 60–90 days, cites Moosehorn inferred resource of 39,040 oz, and says initial models show NPV valuations above USD $100 million. A SEC registration statement, fundraising and listing program for North America Gold are planned ahead of the spinoff.
Brookmount Gold (OTC:BMXI) announced the launch of a redesigned corporate website and investor relations portal on October 21, 2025. The site features a refreshed design, faster performance, interactive elements, improved navigation, and enhanced security to provide investors and stakeholders with easier access to financial information and company updates.
The update is presented as an effort to improve transparency and streamline communication about Brookmount's vision, growth strategy, and ongoing progress. The new site is available at https://www.brookmountau.com.
Brookmount Gold (OTCID:BMXI) filed Q3 fiscal 2025 results for the quarter ending 2025-08-31 reporting $5.04M revenue (+1% YoY, +34% QoQ) and $1.71M net income (EPS $0.01), with the average gold price in Q3 at $3,355/oz. Operating cash flow was $1.33M vs $102k year-ago. Total assets rose to $59.98M and total liabilities fell 30% to $1.26M, driven by a $365k reduction in convertible notes. Operationally the company mined and sold ~41,000 g (≈1,300 oz) of gold, expanded shafts and equipment, and targets 1 kg/day output within months. The company completed the 2021/22 IFRS audit and expects the 2023/24 audit to finish in the current quarter. Management highlighted non-recurring stock-based compensation and financings as a drag on net earnings and signaled continued North American and Indonesian expansion.