Brookmount Exploration Inc (BMXI)

[threewheeler]

news but scary Note 5 Series A Convertible Notes
On February 14, 2017 the amounts due to former officers and or directors of the
Company were replaced with Series A convertible notes. These notes are noninterest
bearing and have a term of 3 years maturing on February 14, 2020 These
notes carry a conversion privilege which allows the holder to convert the debt, in
whole or in part any time during the 3 year period to shares of the Company at
$0.001 per share. The outstanding balance remaining at maturity shall bear interest at
12% per annum until fully paid.