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 Explorations Inc. news coverage encompasses developments across the company's gold production operations in Southeast Asia and exploration activities in North America. News related to the company frequently addresses operational updates from Indonesian mining facilities, production metrics, ore grade results, and processing efficiency improvements at existing operations.
Media coverage often focuses on the company's strategic initiatives including asset acquisitions, exploration program results, and expansion of processing capabilities at operating mines. News regarding joint venture activities, partnerships with strategic investors, and developments in third-party ore processing agreements also attract attention from mining industry observers and investors tracking junior gold producers.
The company's exploration programs in North American jurisdictions generate news when drilling results, geological assessments, or property acquisitions are announced. Developments related to resource verification under JORC and NI 43-101 standards represent material news events that provide stakeholders with updated information regarding the size and quality of mineral assets under company control.
Financial performance announcements including quarterly and annual results provide insight into production volumes, revenue generation, operating costs, and cash flow from mining operations. Corporate developments such as management appointments, board changes, financing activities, and strategic planning updates also constitute newsworthy events for stakeholders monitoring the company's evolution and growth trajectory.
Regulatory filings, permitting developments, and compliance matters related to mining operations in multiple jurisdictions may generate news coverage, particularly when such developments affect production timelines or expansion plans. Industry analysts and mining-focused media outlets track these developments to assess the company's operational execution and strategic positioning within the gold mining sector.
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.
Brookmount Gold (OTC:BMXI) has announced significant measures to reduce stock dilution through two key initiatives. First, the company has executed a settlement agreement with its convertible note lender that eliminates further stock conversions, with the remaining balance to be repaid by December 2026. Second, BMXI is suspending its current Reg.A offering to file for a significant price increase from the existing $0.02 per share.
The company highlighted its 25 consecutive quarters of profitability and plans to accelerate its stock buyback program. Management indicated strong operational performance and cash flow, with plans to expand Indonesian gold operations and progress toward an exchange listing. Additionally, BMXI intends to spin off its North American assets.
Brookmount Gold (OTCID: BMXI) is implementing a strategic geographic diversification approach, balancing high-grade operations in Indonesia with North American expansion. The company reported Q2 2025 revenue of $3.75 million from its Indonesian operations, which feature some of the highest ore grades in its history.
BMXI is advancing its presence in the Tintina Gold Belt, supported by a $2 million credit facility. This dual-market strategy aims to combine the high margins of emerging markets with the stability and investor confidence of developed markets, positioning the company for sustainable growth and improved market access.
Brookmount Gold (OTC PINK:BMXI) has scheduled an investor conference call for September 25, 2025, at 09:00 AM Eastern Time. The call will focus on discussing the company's Indonesian mine production increases and strategic use of its improved cash position.
Management will address key topics including mining asset strategies, operational improvements, plans to eliminate future dilution, and the company's vision for 2025 and beyond. CEO Nils Ollquist and the leadership team will present and take questions from participants.
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