Brookmount Gold Shares Update on Progress Towards North American Asset Spinoff and Share Distribution

RENO, NV / ACCESS Newswire / December 3, 2025 /The Board of Directors of Brookmount Gold is pleased to confirm the following initiatives on the restructuring of the North American assets and special share dividend. The Company has now formalized the agreement pursuant to which ownership of the three North American properties will be transferred from Brookmount to North America Gold. Following settlement of the transfer, new shares in North America Gold will be issued to existing shareholders of Brookmount by way of a special dividend. A further update on amount and settlement date for the special dividend shares will be issued shortly.

The Board has now appointed Stantec Consulting Ltd. to update and revalidate their NI 43-101 technical report on the Canadian property, which was originally completed in 2018, and has also retained BDO Consulting to complete audit review for the remaining 2 Alaskan properties. Completion of these reports should be largely completed before year end and will facilitate management finalising an SEC registration statement and proceeding with securing underwriter(s) for the public offering and listing of North America Gold shares on the NYSE Amex exchange to be undertaken in Q1 2026.

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.

Brookmount Gold Corp (Brookmount Explorations, Inc.)

Investor Relations Contact:info@chesapeakegp.com
or 410 825 3930
Website:https://www.brookmountgold.com
Corporate Contact:
corporate@brookmountAu.com
Social Links: BrookmountAu X (Formerly Twitter);
https://BrookmountAu.com (@BrookmountAu)

SOURCE: Brookmount Explorations, Inc.

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