https://www.accessnewswire.com/newsroom/en/me...us-1139840
RENO, NV / ACCESS Newswire / February 23, 2026 / The Board of Brookmount Gold (sic. Brookmount Explorations Inc.) (OTC:BMXI), a gold exploration and production company, is pleased to confirm that the Company has officially retained the audit firm Russell Bedford SBR to complete audits on financial operations for the Company for the fiscal years 2023/24. Coordinating this process on behalf of Brookmount, is our recently appointed CFO for Indonesia, Ryan Raharja. Ryan was formerly coordinating partner for Russell Bedford on the Brookmount audit, having steered the audit process for the 2021/22 financial years. Given the extensive work already completed on the 2023/24 financial statements, coordinated by Ryan, it is anticipated that the audit process itself will be streamlined and scheduled for completion by the end of March.
Given that the 2025 financial accounts for the Company are expected to be filed with OTC by 17 March, the audit for 2025 will commence immediately following issue of the 2023/24 reports. Whilst the audit will initially be undertaken on the basis of IFRS, conversion to US GAAP will follow, with the intention to include the financial statements in a Form 10 registration for upgrading of Brookmount to fully SEC reporting status and upgrading of its listing commensurately.
Management's ultimate objective is to seek exchange listing for Brookmount shares, following the proposed spin off (special dividend) and listing of shares in the Company's North America Gold, inc. subsidiary.