Brookmount to List on the TSX.V (Toronto Stock Exchange.Venture)
August 12 2010 - 8:46AM
Marketwired
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
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