Oct. 2 at 1:40 PM
$BMXI RENO, NEVADA / ACCESS Newswire / October 2, 2025 / Brookmount Gold (sic. Brookmount Explorations Inc. ) (OTC:BMXI), a gold exploration and production company, announced that a repayment and settlement agreement has now been executed with its convertible note lender. The agreement confirms that there will be no further conversions on this debt, nor stock issuances pursuant thereto. Repayment of the remaining balance, which commenced on September 20 , will be completed on or before December 2026 and no prepayment penalties will apply.
In addition to its convertible debt settlement, Brookmount confirmed that it will no longer be issuing additional stock under the currently qualified Reg.A offering. The Company is in the process of filing a post-qualification amendment (PQA) to reprice the offering at a significant premium to the existing offering price of
$0 .02c per share.