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. reports news centered on gold exploration and production, with revenue updates tied to gold sales from mining operations. Company updates discuss the Talawaan operation in Southeast Asia, operating and financial results, audit status, governance appointments, and capital-structure matters involving the OTC-quoted BMXI shares.
Brookmount also reports developments at its North America Gold subsidiary, including Canadian and Alaskan gold properties such as the MooseHorn Gold Project in Yukon. Recurring disclosures cover mineral-asset transfers, NI 43-101 resource references, processing and mining operations, and the company's focus on gold assets with JORC or NI 43-101 verified resources.
Brookmount Gold (OTC PINK: BMXI) reported FY2025 results for the year ended November 30, 2025: revenue $19.75M (+7% YoY), gross profit $13.43M (+8.7%), and net income $9.531M with ~350M shares outstanding. Gold production fell to 4,500 oz from 6,500 oz in 2024.
The company raised funds via a Reg.A offering, increased PPE and inventory, expanded land rights at Talawaan, and plans new processing facilities and a production ramp to 30 tunnels by mid-2026.
Brookmount Gold (BMXI) announced on March 9, 2026 that Romy Hersham has joined the Board of its North America Gold subsidiary (NAG) as Executive Director. He aided consolidation of Brookmount's North American assets into NAG and brings capital markets, cross-border project, and transaction experience.
Management says Hersham will support capital raising, project development, PCAOB audit efforts for registration filing, and the planned special shareholder dividend tied to NAG's proposed 2026 listing.
Brookmount Gold (OTC:BMXI) provided full-year 2025 earnings guidance and preliminary results on March 3, 2026. For year ending 11/30/2025 the company reported revenue ~ $19.1 million, up 3.8% from 2024, with net earnings anticipated at close to $10 million (≈9% increase).
The company said 100% of revenue came from gold sales and expects to file detailed annual accounts with OTC Markets by March 17, 2026.
Brookmount Gold (OTC:BMXI) retained audit firm Russell Bedford SBR to complete audits of fiscal years 2023/24, coordinated by newly appointed Indonesia CFO Ryan Raharja. Given prior work, the company expects the 2023/24 audits to be streamlined and completed by end of March 2026.
The company plans to commence the 2025 audit after the 2023/24 reports and convert financials from IFRS to US GAAP, intending to include statements in a Form 10 registration to seek SEC reporting status and pursue an exchange listing following a proposed spin-off of its North America Gold subsidiary.
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.