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Brookmount Gold Makes Progress Towards Q1 2026 North American Asset Spinoff and Share Distribution

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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) ha annunciato progressi verso una prevista spin-off nel primo trimestre 2026 delle sue attività in Nord America in una nuova società formata in Nevada, North America Gold, Inc. Brookmount trasferirà tre proprietà aurifere nordamericane alla controllata in un accordo azionario basato su una formula di prezzo legata ai valori delle riserve certificate NI 43-101 esistenti, quindi manterrà circa il 60% distribuendo circa il 40% agli azionisti Brookmount come dividendo speciale.

Brookmount ha ingaggiato consulenti geologici per rivalutare i rapporti NI 43-101 entro 60–90 giorni, cita la risorsa ipotizzata Moosehorn di 39.040 oz e dice che i modelli iniziali mostrano valutazioni NPV superiori a USD $100 milioni. Una dichiarazione di registrazione SEC, il fundraising e un programma di quotazione per North America Gold sono pianificati prima della spin-off.

Brookmount Gold (OTC:BMXI) anunció avances hacia una prevista spin-off en el primer trimestre de 2026 de sus activos en Norteamérica hacia una nueva empresa formada en Nevada, North America Gold, Inc. Brookmount transferirá tres propiedades auríferas norteamericanas a la filial en un acuerdo basado en acciones utilizando una fórmula de precios ligada a los valores de reservas NI 43-101 certificados existentes, luego retendrá aproximadamente el 60% y distribuirá aproximadamente el 40% a los accionistas de Brookmount como dividendo especial.

Brookmount ha contratado consultores geológicos para revalidar los informes NI 43-101 en 60–90 días, cita la recurso inferido Moosehorn de 39,040 oz y dice que los modelos iniciales muestran valor presente neto por encima de USD $100 millones. Una declaración de registro ante la SEC, recaudación de fondos y programa de cotización para North America Gold están planificados antes de la spin-off.

Brookmount Gold (OTC:BMXI)은 북미 자산을 2026년 1분기에 예정된 스핀오프를 통해 네바다 주에 새로 설립되는 회사 North America Gold, Inc.로 분리하는 계획에 진전이 있다고 발표했습니다. Brookmount은 세 가지 북미 금광 자산을 자회사로 주식 기반 거래로 이전하고 기존 NI 43-101 인증 매장량 가치에 연계된 가격 책정 공식을 사용한 뒤 약 60%를 보유하고 주주들에게 약 40%를 특별 배당으로 분배합니다. Brookmount은 지질 컨설턴트를 고용해 60–90일 내에 NI 43-101 보고서를 재확인하고 Moosehorn 추정 자원 39,040 oz를 인용하며 초기 모델은 순현재가치가 1억 달러를 초과한다고 말합니다. SEC 등록서, 자금 조달 및 North America Gold의 상장 프로그램은 스핀오프 전에 계획되어 있습니다.

Brookmount Gold (OTC:BMXI) a annoncé des progrès vers une scission envisagée au premier trimestre 2026 de ses actifs nord-américains dans une nouvelle société formée dans le Nevada, North America Gold, Inc. Brookmount transférera trois propriétés aurifères nord-américaines à la filiale dans le cadre d'un accord basé sur des actions utilisant une formule de tarification liée aux valeurs des réserves NI 43-101 certifiées existantes, puis en détiendra environ 60% tout en distribuant environ 40% aux actionnaires de Brookmount sous forme de dividende spécial.

Brookmount a engagé des consultants géologiques pour réévaluer les rapports NI 43-101 dans 60–90 jours, cite une ressource Moosehorn estimée à 39 040 oz et indique que les modèles initiaux montrent des valeurs NPV supérieures à 100 millions USD. Une déclaration d'enregistrement SEC, une levée de fonds et un programme de cotation pour North America Gold sont prévus avant la scission.

Brookmount Gold (OTC:BMXI) meldete Fortschritte in Richtung einer geplanten Spin-off im ersten Quartal 2026 seiner nordamerikanischen Vermögenswerte in eine neu gegründete Nevada-Gesellschaft, North America Gold, Inc. Brookmount wird drei nordamerikanische Goldgrundstücke durch eine aktienbasierte Transaktion auf die Tochter übertragen, wobei eine Preismethodik verwendet wird, die an bestehende NI 43-101 zertifizierte Reservenwerte gebunden ist, etwa 60% behalten und etwa 40% an Brookmount-Aktionäre als Sonderdividende verteilen. Brookmount hat geologische Berater beauftragt, NI 43-101 Berichte innerhalb von 60–90 Tagen neu zu validieren, verweist auf Moosehorn inferierte Ressource von 39.040 oz und sagt, dass anfängliche Modelle NPV-Bewertungen über USD 100 Millionen zeigen. Eine SEC-Registrierung, Kapitalbeschaffung und Börsengangsprogramm für North America Gold sind vor der Spin-off geplant.

أعلنت Brookmount Gold (OTC:BMXI) عن تقدم نحو التفكيك المخطط في الربع الأول من 2026 لأصولها في أمريكا الشمالية إلى شركة جديدة مقرها نيفادا هي North America Gold, Inc. ستنقل Brookmount ثلاث ملكيات ذهبية شمال أمريكية إلى الشركة الفرعية في صفقة قائمة على الأسهم باستخدام صيغة تسعير مرتبطة بقيم احتياطي NI 43-101 المعتمدة الموجودة، ثم تحتفظ بنحو 60% وتوزع نحو 40% على مساهمي Brookmount كDividend خاص. قامت Brookmount بتعيين مستشارين جيولوجيين لإعادة التحقق من تقارير NI 43-101 خلال 60-90 يوماً، وتستشهد بمورد Moosehorn المفترض البالغ 39,040 أوقية وتقول إن النماذج الأولية تُظهر قيم صافي الحاضر تفوق 100 مليون دولار أمريكي. بيان تسجيل لدى SEC، وجمع تبرعات وبرنامج إدراج لـ North America Gold مخطط قبل التفكيك.

Brookmount Gold (OTC:BMXI) 宣布向计划于2026年第一季度完成的北美资产分拆进展,该分拆将创建在内华达州的新公司 North America Gold, Inc. Brookmount 将通过以股票为基础的交易把三处北美金矿资产转让给子公司,定价公式与现有的 NI 43-101 认证储量价值挂钩,随后保留约 60%,并向 Brookmount 股东分发约 40% 作为特别股息。 Brookmount 已聘请地质顾问在 60–90 天内重新验证 NI 43-101 报告,引用 Moosehorn 推定资源为 39,040 oz,初步模型显示净现值(NPV)高于 1 亿美元。计划在分拆前进行 SEC 登记声明、募集资金和 North America Gold 的上市计划。

Positive
  • Planned spinoff retains 60% ownership while distributing 40% to shareholders
  • Moosehorn inferred resource of 39,040 oz used for valuation
  • Initial models showing NPV valuations > USD $100 million
  • Geological audits and NI 43-101 revalidation to be completed within 60–90 days
  • Planned SEC registration, fundraising and listing program for North America Gold
Negative
  • Spinoff valuation and SEC filing dependent on audits and market conditions within 60–90 days
  • Distribution of 40% of North America Gold could dilute Brookmount shareholders' aggregate equity in consolidated assets
  • Fundraising and listing outcomes uncertain and may delay Q1 2026 timeline

RENO, NEVADA / ACCESS Newswire / October 29, 2025 / Brookmount Explorations Inc. (OTC:BMXI), a gold exploration and production company, is pleased to confirm the The Board of Directors of Brookmount Gold is pleased to confirm progress on the restructuring of the North American assets and special share dividend. The Company's legal counsel recently reserved the corporate name "North America Gold, Inc." and is in the process of incorporating the new company under Nevada law. Following incorporation, North America Gold, Inc., as a wholly owned subsidiary of Brookmount, will acquire the Company's three North American gold properties in a stock based transaction, using a pricing formula based on the certified value of the properties gold reserves under existing NI 43-101 certification. For consolidation purposes, Brookmount will retain approximately 60% of its North American Gold subsidiary with the balance of shares (40%) to be distributed to Brookmount shareholders by way of a special dividend.

Management has retained geological consulting services to review and confirm existing NI 43-101 reports on the North American assets for valuation purposes as well as provide confirmations for audits of the properties which will be completed within the next 60-90 days. This update valuation is critical for the initiation of the North America spinoff given the upward trending gold market. Moosehorn is a property of merit and has an initial NI 43-101 pit constrained inferred gold resource of 39,040 ounces. This data will lead a registration statement to be filed with the SEC in conjunction with a fund raising and listing program for North America Gold. Initial models are demonstrating NPV valuations strongly above USD $100 million dollars.

CEO of Brookmount Nils Ollquist commented: "We are very pleased to be able to update our shareholders on the significant progress made in our North American asset restructuring and delighted to confirm that Brookmount's Executive Director and Chief Geologist Errin Kimball has agreed to serve as the inaugural CEO of North American Gold." Mr Ollquist continued: "Having been instrumental in targeting and developing our North American assets, Mr. Kimball will utilize his extensive experience as a field geologist, in both the Americas and Asia, as well as his on the ground experience in developing and managing remote mining concessions, and corporate exposure, in both Canada and US, to guide the Company through its development process. To this end, North America Gold is in the process of establishing corporate offices in Edmonton, Alberta."

About Brookmount Gold:

Founded in 2018, Brookmount Gold is a high-growth gold-producing Company incorporated and listed on OTCMarkets in the United States (OTC: BMXI) (BMXI.US) with operating gold mines in Southeast Asia and exploration and production assets in North America. The Company is actively looking to secure additional high-quality gold assets with JORC/NI 43-101 verified resources.

Safe Harbor Statements:

Except for the historical information contained herein, certain of the matters discussed in this communication constitute "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "could," "anticipate," "estimate," "expect," "predict," "project," "future," "potential," "intend," "seek to," "plan," "assume," "believe," "target," "forecast," "goal," "objective," "continue" or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding benefits of the proposed license, expected synergies, anticipated future financial and operating performance and results, including estimates of growth. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. For example, the expected timing and likelihood of completion of the pending transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the pending transaction that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstance that could give rise to the termination of the negotiations, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements

relating to the proposed transaction could have adverse effects on the market price of Brookmount's common stock. All such factors are difficult to predict and are beyond our control. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this report, except as required by applicable law or regulations.

Investor Relations Contact: 410 825 3930

Website: https://www.brookmountau.com

Investors:
ir@Brookmountau.com

Corporate Contact:
info@Brookmountau.com

Social Links: BrookmountAu X (Formerly Twitter);
https://BrookmountAu.com (@BrookmountAu)

SOURCE: Brookmount Explorations, Inc.



View the original press release on ACCESS Newswire

FAQ

What is Brookmount (BMXI) announcing for Q1 2026 regarding North America Gold?

Brookmount plans to spin off North American assets into North America Gold, Inc. and distribute 40% of its shares to BMXI shareholders while retaining 60%.

When will Brookmount complete NI 43-101 revalidation for BMXI's North American properties?

Brookmount retained geological consultants to confirm NI 43-101 reports and expects audits to be completed within 60–90 days.

How large is the Moosehorn resource cited by Brookmount (BMXI)?

Moosehorn has an initial NI 43-101 pit-constrained inferred gold resource of 39,040 ounces.

What valuation did Brookmount (BMXI) report for the North America spinoff?

Brookmount said initial models demonstrate NPV valuations strongly above USD $100 million.

Will North America Gold seek an SEC registration and listing from BMXI's spinoff?

Yes; Brookmount plans to file a SEC registration statement and conduct fundraising and a listing program for North America Gold prior to the spinoff.

How will the special dividend from BMXI affect current shareholders?

Shareholders are expected to receive a special dividend representing 40% of North America Gold shares after the stock-based transfer of North American properties.
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