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goodx luck to you I transfered my holding from this sinto div payinng PM's and up over 20% plus divs.
I doubt you will get out of this on the plus side mean while BMXI down 30% from where I got out
how many "undervalued petroleum producinbg prperties" does it have and what are the locations
I can't find them.
I don't see the verifiable assets no audits how will they do the merrger
To bad you are busy pissing and moaning and whining, we got in early.. up 200% today, you are a clown 🤡
https://www.marketwatch.com/story/sec-charges-10-microcaps-with-securities-related-violations-b8a365ba?mod=mw_quote_news
PSWW +200.00% agreed to pay a $40,000 civil penalty
https://www.marketwatch.com/investing/stock/psww?mod=article_chiclet
CORRECTION: Brookmount Exploration Announces Potential Acquisition of Principal Solar, Inc
This release corrects the ticker symbol for Principal Solar, Inc.
RENO, NV / ACCESS Newswire / May 23, 2025 / Brookmount Explorations, Inc. (OTC PINK:BMXI), a gold exploration and production company, is pleased to announce that Brookmount has today executed a Memorandum of Understanding ("MoU") for the potential acquisition of a controlling interest in Principal Solar, Inc. (OTC:PSWW).
Under the terms of the MoU, Brookmount will initially acquire, for cash and shares, a controlling interest in Principal Solar. Following this acquisition, Brookmount's North American asset portfolio, comprising three gold development properties in the Tintina Gold Belt, will be acquired by Principal Solar. Thereafter, the parties plan to distribute Brookmounts' shares in Principal Solar to Brookmount shareholders in the form of a special dividend to be calculated on a pro-rated basis for the Brookmount shares owned. At the conclusion of the transaction, it is anticipated that Brookmount shareholders will retain an 80% interest and Principal Solar shareholders a 20% interest in the consolidated group.
The transaction will be structured such that Brookmount will retain control of the North American properties and ownership going forward will be evenly distributed between Brookmount shareholders.
The management of Brookmount and Principal Solar have been involved in discussions concerning the proposed transaction since last year and respective managements believe that the transaction proposed is in the best interests of the shareholders of both companies. By providing an independent investment platform for Brookmount's North American assets, Brookmount intends to will create additional financial opportunities for further development of the assets leading up to and beyond basic production. Following completion of the potential transaction, Principal Solar, (to be renamed "North American Gold") intends to pursue an underwritten public offering of its shares and simultaneous listing.
In announcing the transaction CEO of Brookmount, Nils Ollquist commented: "We are incredibly pleased that the efforts of our team and that of Rick Toussaint, CEO of Principal Solar, are progressing towards the conclusion of a seminal transaction for our collective shareholders. We believe that restructuring our North American assets as a separate business in this manner will enhance their collective value from a balance sheet perspective. We believe that it will also significantly improve access to development, production and larger stakeholders. Our Indonesian assets, having recently been brought under direct management control, will continue to provide Brookmount with valuable, increasing cash flow to facilitate continued growth and development of its Asian gold production assets. By utilizing two different publicly traded companies, one for the operating mines in Indonesia and one for the pre-production assets in the lucrative Tintina Gold Belt, the Company believes it will maximize shareholder value. We are working diligently toward a definitive agreement with Principal Solar and will make further announcements as progress is achieved."
About Brookmount Gold
Founded in 2018, Brookmount Gold is a high-growth gold-producing company quoted on OTC Markets in the United States (OTC PINK:BMXI). With operating gold mines in Southeast Asia and exploration and production assets in North America, the company is focused on building production of existing assets to scale, in addition to acquiring and developing 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 forwardlooking 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.
Investor Relations Contact: info @rattler-3930
Website: https://www.brookmountgold.com
Corporate Contact: corporate@brookmountgold.com
Social Links: Brookmount Gold X (Former Twitter): https://x.com/brookmountgold
SOURCE: Brookmount Explorations, Inc.
View the original press release on ACCESS Newswire
https://app.accessnewswire.com/img.ashx?id=1031147
© Copyright 2025 ACCESS Newswire. All Rights Reserved.
https://www.otcmarkets.com/stock/BMXI/news/CORRECTION-Brookmount-Exploration-Announces-Potential-Acquisition-of-Principal-Solar-Inc?id=478291
LMAO!!!! Two scam companies merging???? Oh yeahhhhhhhhhhhhhhhhhhh baby!!! THIS is going to be GREAT!!!!
P.S. Where's the $BMXI audit YOU promised everyone?
GREAT JOB BOARD!!!!!!
Either that, or something big is about to go down. I guess we will find out.
thanks and looks like 2 sccams getting togteher for one last hope to do one more
stock sale so nils and his co exec can get out with cash. Pwss has not reported earning
nor loss so no actaul book keeping. Their truck was to be ready in 2024 no news on that
or if they did beging building a truck
$BMXI CORRECTION: Brookmount Exploration Announces Potential Acquisition of Principal Solar, Inc https://t.co/f8QWYvYbue
— ACCESS Newswire (@AccesswireNews) May 23, 2025
It's PSWW. The company misspelled the ticker. Go to PSWW and look at the company name and revert back to the article. No one knows how to proofread something so simple in their PRs.
something is fishy as I can noit find an OTC stock symbol pssw
there is a psswf which is a German company and earns over $1
Why would they get involved with a at best struggling little mining company
stock running. Two is better than one, to manipulate and profit off of.
the deal will likely include Nils self-dealing in some manner.
it's in Brookmount shareholders' best interests, remember.
don't think Nils means BMXI retail shareholders.
Unfortunately, just lying to investors about fake mining operations, and audits which never happen, rarely gets OTC management arrested. And they know it, which is why they do it so blatantly. You really have to do something egregious to get arrested.
Good catch on that PWWS vs. PWSS thing. I tried to research the one in the PR, and it didn't even come up, until I played with the letters a bit. They are sloppy beyond belief. This whole solar power company thing is ridiculous. Merger, reverse merger, what is it? And why? With all that amazing profit each quarter from artisanal mining, why do they need to pull a completely different industry into the mix?
Nils arrested yet?
It's all fake. Like their supposed mining operations and crazy profit margins. And the audit. BMXI investors are being punked.
What a mess of a PR. An MoU for potential acquisition, not an MoU for an actual acquisition.
Principal Solar, Inc. OTC ticker symbol is PSWW.
The Principal Solar, Inc. OTC ticker symbol is not PSSW, as Brookmount and Nils today reported.
The "consolidated group." What is that?
"Brookmount shareholders will retain an 80% interest and Principal Solar shareholders a 20% interest in the consolidated group."
Does this mean, that potentially, and "anticipated" (lol), Brookmount shareholders will own 80% of BMXI and 80% of PSWW? Or Brookmount shareholders will own 80% of some other newer entity? What is the anticipated "consolidated group?"
Funny how Brookmount, that itself (as Nils) released its own Press Release, quoted its own CEO Nils Ollquist who "commented", supposedly to himself as he wrote the very PR where he quotes himself. Funny? Or lame? Scammy?
Nils Ollquist overheard himself comment to himself, who then wrote this Brookmount PR about and including his comment that he overheard himself saying to himself, as Brookmount's CEO. Laughable, for sure!
This merger is anticipated will be in the "best interests of the shareholders of both companies," which is great, and must mean that Brookmount issuing an actual audit is not in the "best interests of the shareholders of both companies."
Nils says that "The transaction will be structured such that Brookmount will retain control of the North American properties and ownership going forward will be evenly distributed between Brookmount shareholders."
Thing is, Brookmount already is structured such that Brookmount currently already retains 100% control of the North American properties and currently has 100% ownership already, and so thus going forward without Principle Solar, Inc., Brookmount's North American properties is already 100% owned evenly distributed between Brookmount shareholders. (it is, right? Or, like the Talawaan buyout, has Nils been lying about the North American properties and their current ownership?)
So, Brookmount giving Principal Solar, Inc. cash and 20% of Brookmount is good how?
Brookmount giving Principal Solar, Inc. cash and 20% of Brookmount is in the "best interests of the shareholders of both companies" how?
Brookmount states that, "Under the terms of the MoU, Brookmount will initially acquire, for cash and shares, a controlling interest in Principal Solar.". OK, who or what then will own the non-controlling interest in Principal Solar?
Will there even be a non-controlled interest in Principal Solar? Won't Brookmount own all of Principal Solar's shares anyway as part of the anticipated "consolidated group"?
Brookmount "will initially acquire, for cash and shares, a controlling interest in Principal Solar." What then after the initial acquisition, something else too?
And why not just announce the actual acquisition when and if it occurs, rather than PR about a "potential acquisition"?
And then again, it's only an MoU for a "potential", not an MoU for an actual.
What a mess of a PR!
Standard Nils Ollquist:
Tease, lead-on, fall short. Tease, lead-on, fall short.
.
Looks like the sham mining story has run its course. Dangling the audit isn't fooling anybody anymore.
Brookmount Exploration Announces Potential Acquisition of Principal Solar, Inc
RENO, NV / ACCESS Newswire / May 22, 2025 / Brookmount Explorations, Inc. (OTC PINK:BMXI), a gold exploration and production company, is pleased to announce that Brookmount has today executed a Memorandum of Understanding ("MoU") for the potential acquisition of a controlling interest in Principal Solar, Inc. (OTC:PSSW).
Under the terms of the MoU, Brookmount will initially acquire, for cash and shares, a controlling interest in Principal Solar. Following this acquisition, Brookmount's North American asset portfolio, comprising three gold development properties in the Tintina Gold Belt, will be acquired by Principal Solar. Thereafter, the parties plan to distribute Brookmounts' shares in Principal Solar to Brookmount shareholders in the form of a special dividend to be calculated on a pro-rated basis for the Brookmount shares owned. At the conclusion of the transaction, it is anticipated that Brookmount shareholders will retain an 80% interest and Principal Solar shareholders a 20% interest in the consolidated group.
The transaction will be structured such that Brookmount will retain control of the North American properties and ownership going forward will be evenly distributed between Brookmount shareholders.
The management of Brookmount and Principal Solar have been involved in discussions concerning the proposed transaction since last year and respective managements believe that the transaction proposed is in the best interests of the shareholders of both companies. By providing an independent investment platform for Brookmount's North American assets, Brookmount intends to will create additional financial opportunities for further development of the assets leading up to and beyond basic production. Following completion of the potential transaction, Principal Solar, (to be renamed "North American Gold") intends to pursue an underwritten public offering of its shares and simultaneous listing.
In announcing the transaction CEO of Brookmount, Nils Ollquist commented: "We are incredibly pleased that the efforts of our team and that of Rick Toussaint, CEO of Principal Solar, are progressing towards the conclusion of a seminal transaction for our collective shareholders. We believe that restructuring our North American assets as a separate business in this manner will enhance their collective value from a balance sheet perspective. We believe that it will also significantly improve access to development, production and larger stakeholders. Our Indonesian assets, having recently been brought under direct management control, will continue to provide Brookmount with valuable, increasing cash flow to facilitate continued growth and development of its Asian gold production assets. By utilizing two different publicly traded companies, one for the operating mines in Indonesia and one for the pre-production assets in the lucrative Tintina Gold Belt, the Company believes it will maximize shareholder value. We are working diligently toward a definitive agreement with Principal Solar and will make further announcements as progress is achieved."
About Brookmount Gold
Founded in 2018, Brookmount Gold is a high-growth gold-producing company quoted on OTC Markets in the United States (OTC PINK:BMXI). With operating gold mines in Southeast Asia and exploration and production assets in North America, the company is focused on building production of existing assets to scale, in addition to acquiring and developing 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 forwardlooking 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.
Investor Relations Contact: info @rattler-3930
Website: https://www.brookmountgold.com
Corporate Contact: corporate@brookmountgold.com
Social Links: Brookmount Gold X (Former Twitter): https://x.com/brookmountgold
SOURCE: Brookmount Explorations, Inc.
View the original press release on ACCESS Newswire
https://app.accessnewswire.com/img.ashx?id=1030765
© Copyright 2025 ACCESS Newswire. All Rights Reserved.
https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Exploration-Announces-Potential-Acquisition-of-Principal-Solar-Inc?id=478131
Tick Tock? That audit clock has been running for 5 years now. And will keep running, since there will never be an audit.
note who is not posting and how few posters are left also which are Bulls IVT gone Richard T gone Qaulityin color gone just to mention a few and if soem are posting do they actualy have shares I don't think so Price about to make a new new low as the last suckers try to escape soon out go the lights
thats why I said Legitimate they could post a made up one in order to keepo this scam alive
There will never be an audit. Don't you get it?
BMXI struggling to stay ahead of its 12 month low woooo to the bag holders
only a legitimate AUdit can save them now
Yes, that's all I will say for now.
Email to the Chesapeake group (mailto:info@chesapeakegp.com) who is the company’s IR for any questions. It’s their job to respond to shareholders.
Email to the Chesapeake group (mailto:info@chesapeakegp.com) who is the company’s IR for any questions. It’s their job to respond to shareholders.
Thanks, MsKitty1, email is sent. We'll see what happens on Monday.
I'm sure the company has one. Look it up.
Here it is: nils.ollquist@brookmountgold.com
Do you have his email address?
Ask him for the latest excuse for the missing audit. See what he comes up with.
Please, does anyone have contact information for Brookmount? I'm trying to send Mr Ollquist an email.
almost made a new low today, but if Vol had ben just a little more maybe it would have.
Where isi that 4 year missisng audit, correct me if I am wrong on how long the audit has been coming.
The audit is coming!!! The audit is coming!!!!
Where is the "PVG" water crew????
Were you wrong? Or did you LIE? Which one is it?
And whyyyyyy does this happen with every single ticker you attach yourself to?
No beef in the Brookmount burger?
Oh wow.
Brookmount Explorations, Inc. is a Canada-based gold producing and exploration company with producing gold properties in the Republic of Indonesia and a significant gold reserve area in the Tintina Gold Belt in the Yukon region of northern Canada. The Company operates two individual mining sites located in the North Minahasa region of Sulawesi Province, Indonesia: One of these sites is located at Talawaan, near the regional capital Manado. The other site is located at Ratatotock, approximately three hours west of Manado by road. It has also acquired an interest in the Moosehorn Gold Project, comprising an area of around 6000 hectares, located southwest of Dawson City, Yukon, Canada, and two additional gold projects in the Tintina Gold Belt in Alaska. Its producing claim is its project in Talawaan, Indonesia, covering an approximately 50-hectare reserve. Its Alason property is situated around three hours southwest of Manado, Indonesia. Its Atlin Project covers around 100 hectares.
I prefer phreatic explosions out of control.
Def not loading. Nils creates too much uncertainty. He is not reliable.
mmmm i post was
eye
Ron
knee
Scammers gonna SCAM!!!!!!!!!!!!!!!!
yes is doing a great job of keeping true believvers fully loaded
are you adding now that we have a new low?
If not why?
It is just what they like to call themselves. Probably because they sink tickers like the Titanic!
Right FAM?!?!?
Why are they called the "water crew"? What does that mean?
Great job WATER CREW!!!!!!!!!!!!!!!
Keep TANKIN' em!!!!!!!
Gooooooo $BMXI!!!
Water crew is the grim reaper of tickers!
I tried to tell ya!
If any of them post about a stock you are interested in, RUNNNNN....... RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
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