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BMXI Brookmount Explorations Inc (PK)

0.05455
-0.00295 (-5.13%)
26 Nov 2024 - Closed
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
  -0.00295 -5.13% 0.05455 0.0417 0.068 0.05455 0.0521 0.05355 18,600 22:00:01

Brookmount to List on the TSX.V (Toronto Stock Exchange.Venture)

12/08/2010 2:46pm

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Brookmount Explorations (PK) (USOTC:BMXI)
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Brookmount Explorations, Inc. WWW.BROOKMOUNT.COM, (OTCBB: BMXI) (FRANKFURT: B6T) Management announces that it has decided to dual list the Company on the TSX.V (Toronto Stock Exchange.Venture) in order to receive better exposure for its securities in the North American markets. Toronto Stock Exchange.Venture serves the public venture equity market under TMX Group which operates Canada's two national stock exchanges and is recognized around the world as one of the premier exchanges for resource companies. Through its listing on both the OTC.BB and the TSX.V the management believes that Brookmount will be in a much better position while it negotiates for financing its objectives.

Brookmount's keystone Mercedes 100 project is located in a prolific mining region which hosts some of the largest mining operations in Peru such as Volcan's Cerro de Pasco and Doe Run's huge smelter and mining operations at La Oroya, plus numerous other large deposits and mining operations. Work to date on the project has indicated the presence and significant potential of the project for gold, silver, zinc and lead.

Currently, Brookmount management is continuing its work on the permitting process to bring Mercedes 100 into limited production of about 350 tons/day which would provide it with ongoing revenues while carrying on further exploration work on the property that Brookmount expects will prove up the property's excellent potential to host much larger mineral resources.

Safe Harbor: This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements.

Contact: Peter Flueck Email Contact 206.497.2138

1 Year Brookmount Explorations (PK) Chart

1 Year Brookmount Explorations (PK) Chart

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