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BMXI Brookmount Explorations Inc (PK)

0.0518
0.00 (0.00%)
Last Updated: 18:48:10
Delayed by 15 minutes
Share Name Share Symbol Market Type
Brookmount Explorations Inc (PK) USOTC:BMXI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0518 0.05 0.052 0.0518 0.049 0.049 340,000 18:48:10

Brookmount Explorations Takes Pole Position in Surging Gold Market by Appointing Leading Executive Management Team

11/03/2008 12:00pm

PR Newswire (US)


Brookmount Explorations (PK) (USOTC:BMXI)
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BELLINGHAM, Wash., March 11 /PRNewswire-FirstCall/ -- International turnaround growth experts Steven Windmill and Costanzo Ferraro have been appointed as CEO and Deputy CEO respectively of Nevada registered Brookmount Explorations (OTC Bulletin Board: BMXI; Frankfurt, Berlin:B6T.). Steven Windmill is an experienced corporate turnaround specialist while Costanzo Ferraro deals with project management and is an experienced financial dealmaker. They are both excited about this new venture and have already developed a new strategic plan in order to achieve sustained and robust growth for the next three years. With the combination of the two newly appointed multi- disciplined executives, Brookmount Explorations is on their way to fully exploit surging metal prices on behalf of their shareholders and investors. Windmill and Ferraro both have experienced a great amount of success in other business ventures outside of their affiliation with Brookmount Explorations. Windmill caught Brookmount's attention from previous successful turnaround situations at four British companies. At a wholesale FMCG subsidiary of BP Nutrients, Windmill reversed a 10% loss to profit in less than 90 days; at the Training & Enterprise Council, Windmill reduced operating expenses by 350m pounds Sterling by renegotiating procurement and operational contracts; at Caledonian & London Enterprises, Windmill raised 122 million pounds in venture capital in highly competitive logistical and engineering markets; and at Sun Alliance Plc, Windmill grew external revenues from 1.5 million pounds to 8 million pounds in new sales. Both have been headhunted to exploit Brookmount Exploration's key property in central Peru, the Mercedes 100 Project. Mercedes 100 is spread out over 7 different claims totaling 3111.31 hectares. There exists substantial underground development, data and reporting from previous mining and exploration operations to indicate a large potential resource, in gold, silver, zinc and lead. The company intends to begin a 4 month exploration program in early May that will use existing information in addition to intended mapping, sample and assay program, a ground based geophysic survey to produce a substantial 43-101 compliant report and will prepare the project for 2nd stage development. The recent rise in the share price from 6 cents since October and surging gold, silver and metal prices, also adds significant value to Brookmount Exploration's property portfolio. Windmill and Ferraro's specific goal in the current financial market is to raise euro 5M in equity investment by Fall 2008. After completing Phase 1 of their growth plan, the next step in the duo's plan is to conduct further investments through a potential London AIM flotation or Canadian TSX. Says Brookmount President Peter Flueck, "the addition of Steven and Costanzo to the management team will immeasurably improve company prospects, get the company back on track, and realize our project opportunities in the present bullish metals market." DATASOURCE: Brookmount Explorations CONTACT: Costanzo Ferraro, Brookmount Explorations, +1-780-903-0811,

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