Brookmount Exploration Inc (BMXI)

[IVRT]

The Board is also pleased to confirm that, effective from January 24, the
Company’s authorised capital has been reduced to 200 million from 2 billion shares
as foreshadowed in yesterday’s release. Together with the imminent completion of
3 year financial audits, this initiative is a key move in preparing for a possible
transition to listing of the Company’s shares on a senior exchange, such as NYSE
American.

BMXI