Brookmount Exploration Inc (BMXI)

[BCNstocks]

From today's PR >>

As foreshadowed in the August announcement, given that current sales of the independent producers covered under the agreement is the equivalent of $1mm per month, or approximately $12mm per annum, The Companys consolidated revenues, including revenue from its own production, are expected to increase, as a result of this agreement, to approximately $1 .3mm per month, ( $15 .6mm per annum). Initial revenues from the sales aggregation agreement are expected in the first quarter of 2019. The Company can also confirm that it is close to finalizing its initiative of establishing an association of independent gold producers in the region of Western Minahasa. This will assist in the process of standardizing production techniques and provide economies of scale in procurement of equipment and materials used in the production process. Ultimately, leadership of a gold producers association will enhance The Companys position as a leader in gold production in the region.

$BMXI