$BMXI Brookmount Gold Completes Asset Transfer and

New Post Public Reply Private Reply Replies (0) Message Board
louied91
82
$BMXI Brookmount Gold Completes Asset Transfer and Recapitalisation for North American Gold Spinoff and Share Distribution Transaction:


https://www.accessnewswire.com/newsroom/en/me...an-1126992

RENO, NEVADA / ACCESS Newswire / January 14, 2026 / The Board of Directors of Brookmount Gold is pleased to confirm that the transfer process for the Canadian and Alaskan gold properties to its newly formed subsidiary North America Gold, Inc. has now been completed. This transfer process represents an integral component of the restructuring and recapitalization process that will result in Brookmount shareholders receiving a 35% interest in the newly incorporated North America Gold ("NAG" entity to be listed separately on a US exchange. As part of the restructuring process, this month Brookmount will issue shares to its original founding shareholders, under dilution protection provisions in place at the time, and also commence the buyback program for the Company's shares originally proposed last year. In accordance with the Company's plan to independently list the shares of North America Gold, the new company is in the process of being redomiciled to an offshore jurisdiction for ease of listing.

Management has now completed a comprehensive "investor deck" on the operations and financing of NAG and this, together with a recently "refreshed" edition of the NI43-101 report on the estimated resource of its Canadian gold property, "Moosehorn", will shortly be made available on the Company's website and OTC Markets page.

We will continue to update shareholders as further progress on this significant transaction for the Company unfolds.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Transform Your Check Printing with ezCheckPrinting Today

Updated Category News Views 170

Revolutionary Check Printing Solutions for Businesses In today's fast-paced business environment, efficient solutions are essential. One innovative tool that has emerged is the ezCheckPrinting software, combined with a virtual printer, designed specifically for QuickBooks and Quicken users. This powerful combination facilitates unlimited check printing directly onto blank...

Continue Reading
Corero Network Security Strengthens AI Data Protection Strategy

Updated Category News Views 117

Corero Network Security Enhances AI Data Center Security Corero Network Security, a leader in the field of DDoS mitigation solutions, has taken significant steps to fortify its position in the volatile AI data center market. The recent strategic partnership with a prominent provider of data center and hybrid IT services sets the stage for this evolution, ensuring that AI...

Continue Reading
PotlatchDeltic To Share Third Quarter Earnings Insights Soon

Updated Category News Views 76

PotlatchDeltic Corporation, a key player in the REIT sector with over 2.1 million acres of timberland under its belt, got set to release its third-quarter earnings back in October 2024. This announcement landed after hours on a Monday evening—a classic move that had traders anxiously awaiting the numbers like hawks. You could feel the buzz around desks, as folks were...

Continue Reading
Innovating Virtual Nursing: University Hospitals' Bold Step Forward

Updated Category News Views 157

University Hospitals Launches Innovative Virtual Nursing Program UH Lake West Medical Center’s recent launch positions University Hospitals as a leader in national virtual nursing solutions. University Hospitals has recently embarked on a revolutionary journey by introducing the Connected Care Team initiative at UH Lake West. This launch is a significant milestone,...

Continue Reading
Revving Up Connections: AT&T Transforms Race Week Experience

Updated Category News Views 341

Revving Up Connectivity in Las Vegas AT&T is set to elevate the excitement of the F1 Las Vegas Grand Prix weekend, making connectivity and speed its hallmark. The company ensures that Oracle Red Bull Racing operates at peak efficiency by maximizing data communications and bolstering support for public safety via FirstNet® coverage. During race week, AT&T transforms the...

Continue Reading