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Brookmount Explorations, Inc. Announces Preliminary Agreement to Acquire Australian Gold Business Los Angeles, California (Newsfile Corp. - December 15, 2020) - Brookmount Explorations, Inc. (OTC PINK: BMXI) ( Brookmount ), a Nevada incorporated company with a global gold production and development platform, is pleased to announce that it has entered into a Memorandum of Understanding ( MoU ) to acquire an Australian incorporated company, Wellington Mining & Exploration Pty. Ltd. ( Wellington ), together with mining and exploration permits within the Palmer River Gold Field situated in the Cape York Peninsular region of North Queensland for a total consideration of US$2.8 million in cash. Total area covered by the exploration and production permits is approximately 11,500 hectares of alluvial gold resource and the acquisition includes full extraction and processing infrastructure, including excavators, haulage vehicles, a trommel based gold separation facility, worker accommod ....