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In the business world, not everything works out perfectly.
Chomp chomp... your weak hands will be chasing soon lol
https://www.otcmarkets.com/stock/BMXI/news?id=427187
More great news, folks!! If all this gets in front of the right people, shares will be taken for the climb. Tick tock
🙄 read it again.. it's very clear to me
We now have a full three-year, streamlined, completed financial picture (meaning their 3 year financials are done) and will be much easier to finalize (audit). We are anxious for completion (of the audit) and to announce the results. While we cannot give specific dates, we can assure you it is close.
https://brookmountgold.com/pcaob-certified-audit/
Here’s why PCAOB audits are pivotal for Brookmount Gold Corp. in this context:
Regulatory Compliance:
Major stock exchanges, including the Nasdaq, impose stringent listing requirements. PCAOB compliance is often a prerequisite, necessitating audits by registered public accounting firms following PCAOB standards.
Investor Confidence:
Uplisting to a significant exchange attracts a broader investor base, with institutional investors favoring companies adhering to higher regulatory standards. PCAOB audits bolster the credibility of Brookmount Gold Corp.’s financial reporting, fostering confidence among investors.
Market Reputation:
A listing on a reputable exchange like the Nasdaq elevates Brookmount Gold Corp. ‘s market reputation. Nasdaq’s transparency-focused standards align with PCAOB audits, contributing to a positive market perception.
Access to Capital:
Companies on major exchanges find it easier to access capital through avenues like secondary offerings. Investor participation in fundraising efforts is more likely when there’s confidence in the accuracy of Brookmount Gold Corp.’s financial information, supported by PCAOB audits.
Risk Mitigation:
PCAOB’s stringent auditing standards aid in mitigating financial and operational risks. Brookmount Gold Corp., through PCAOB audits, showcases its commitment to robust internal controls and accurate financial reporting, reducing risks for investors and stakeholders.
Legal and Regulatory Requirements:
Uplisting mandates compliance with legal and regulatory requirements. Securities laws and exchange regulations often necessitate PCAOB audits for companies on major exchanges, ensuring adherence to the highest standards of financial reporting and accountability.
Brookmount Gold finished the 2023 Year and is including the financials of 2023 for filing purposes, and as such we were delayed on completion. We now have a full three-year, streamlined, completed financial picture and will be much easier to finalize. We are anxious for completion and to announce the results. While we cannot give specific dates, we can assure you it is close.
Sorry shorty lol
Current Audit Status
Brookmount Gold finished the 2023 Year and is including the financials of 2023 for filing purposes, and as such we were delayed on completion. We now have a full three-year, streamlined, completed financial picture and will be much easier to finalize. We are anxious for completion and to announce the results. While we cannot give specific dates, we can assure you it is close.
Bitch and moan all you want, but the audit will be here very soon. We've all felt the pain of this wait, it's about time to get rewarded.
Alason was shut down due to covid but it will be restarted in the first quarter of this year (2024). Our focus is getting this back in production and generate cash for Brookmount, because the cash generated from Alason goes right into Brookmount Gold Corp, not our joint venture partner. We are not paying a lot of overhead or sharing revenues. This is why getting this operation back online fast is a high priority. Actual production takes 6 weeks, so by the end of 1st quarter, beginning of 2nd quarter (2024), Alason should be producing gold.
Couldn't stand it any longer...the ignore button is an amazing tool. GSTC waiting for toxicity study... adding when I can
The initiative is part of our strategy to extract maximum value from our 3 North American gold properties by accelerating the path to full production, and to create 2 individual public listed companies in our Group to maximise return to our shareholders.
We are also arranging for a special dividend of shares in the new listed company to be distributed to our existing shareholders to reflect our appreciation for their commitment and patience whilst we moved through our development process.
Accumulation is about to rapidly increase 😉
Shares seem scarce 🙂
Shhhhhh... let them hate. They'll see soon enough.
Let's go
Weeeeer
BOOOOOOOM!!
Boom boom
Very nice!! I'll be adding more soon as well
Man, there's some swamp out here, eh?? Who even reads their crap? BLLB will be just fine. Block out the noise folks.
BTC ETF's starting to show up... bullish for crypto all around
Boom time 💪
Agreed. The next couple months will be great here, and once the audit is done, we will be wishing we'd added more at these levels, imho
What?!! I didn't say they were giving us cash directly... LMFAO 🤣 We're getting shares in the new company relative to the number of shares we own in BMXI.
Apparently, something is already in the works since they are talking about closing the deal next month.
As a key component of its asset restructuring plan, the Company will acquire a controlling interest in
an OTC quoted company for cash and stock. Following closing of the planned acquisition, anticipated
next month, the OTC company will be renamed North American Gold Corp., with a majority of
directors to be provided by the Company, and Errin Kimball, currently Operations Director for North
America, appointed as CEO. All shares acquired by the Company in the new OTC company, both now
and in the future, will be distributed by way of special dividend to the existing shareholders of
Brookmount in proportion to their existing shareholding in The Company.
All I can say is WOW!! Didn't see this coming. We getting paid!!
Lmfao... you guys were saying?
BMXI SECURITY DETAILS
Share Structure
Market Cap ?
2,655,959. 01/04/2024
Authorized Shares
200,000,000. 01/04/2024
Outstanding Shares
75,453,370. 01/04/2024
Restricted
25,818,791. 01/04/2024
Unrestricted
49,634,579. 01/04/2024
Held at DTC
46,236,043. 01/04/2024
Float
34,346,442. 07/25/2023
Boom time 🙂
Reversal in progress... won't be down here much longer
Same to you, Cj... looking very healthy here
Lmao!! Try harder
It's like being in 3rd grade all over again on this board... 😆
Weeeeer!! Thanks for sharing
4th quarter fins are out... final piece to finishing audit. 💪
Brookmount Management is pleased to confirm another positive annual financial result for 2023.
Details next week...
Merry Christmas to all!
— brookmountgold (@brookmountgold) December 21, 2023
Just stop talking to the zombies 😆 🤣
They just keep spewing the same bs over and over, and anyone with a brain can see what their trying to do here. They will be chasing.
You bid dumpers just don't realize how much they appreciate and want your shares.