Brookmount Exploration Inc (BMXI)

[BigBadWolf]

Press Release | 04/26/2024

Multi Year PCAOB Audit - "The importance of completing a PCAOB audit cannot be understated," commented CEO, Nils Ollquist. "In February, we contracted with a well-known and respected audit firm Hall Chadwick Group out of Sydney, Australia. Hall Chadwick has a long and illustrious history of completing audit and financial due diligence in the mining industry in both Australia, (world's 2nd largest gold producer), and internationally. The firm maintains partnerships with Accell Audit & Compliance (of Tampa, Florida) for PCAOB certification and with a well-known Jakarta (Indonesia) based audit firm, for on-site diligence and review of Indonesian operations audited by Hall Chadwick, who have a number of clients on their books (predominately Australian), with Indonesian gold operations. The audit due diligence visit to our Talawaan operation will take place for 3 days from Monday the 29th of April, with Errin Kimball, our Global Director of Operations, and myself onsite to support our local team in facilitating the auditors' understanding of our financial operations, controls, and governance. As 3 full years of operating data has been uploaded onto our cloud based "Xero" accounting platform, the audit review of our financials has already commenced and is progressing well. We continue to anticipate completion of the audit in May 2024.
A PCAOB audit is required, inter alia, for inclusion in the SEC reporting system and uplisting, to Nasdaq or similar exchange, both of which remain key priorities for management, and will be instrumental in cementing investor confidence in our financial reporting."

https://www.otcmarkets.com/stock/BMXI/news/Brookmount-Gold-Announces-Updates-on-PCAOB-Audit-Joint-Venture-Buyout-and-Dividend-Spinoff?id=438284