Gold Mountain Mining Corp. is pleased to announce that Nadine Hoehne has been appointed to its Board of Directors effective immediately. Ms. Hoehne is a graduate of the University of British Columbia, with a B.A. in Political Science and International Relations. Ms. Hoehne is a relationship builder with over 20 years experience in advancing major projects in a variety of industries including the forestry, mining, energy [...]
Gold Mountain Mining Corp. is pleased to announce that Hugh Behroozy has been appointed to its Board of Directors effective immediately. Mr. Behroozy is an entrepreneur with experience funding and building businesses across a breadth of industries. Mr. Behroozy's background in systems integration, 3D modeling and artificial intelligence, which will support the company in further understanding the Elk project's ore-body [...]
Omega Pacific Resources Inc. is pleased to announce that it has appointed Rob L'Heureux , to its Board of Directors. Mr. L'Heureux has built a track record of excellence in successful exploration and development spanning over 20 years including global exploration experience and project management with budgets up to $50 Million annually. His global experience ranges from the Canadian Arctic to Australia. More recently, Rob [...]
Gold Mountain Mining Corp. is pleased to announce that further to its press release dated March 25, 2024, the Company has closed its previously announced transactions with two secured creditors and a number of other unsecured creditors for the settlement and postponement of certain secured and unsecured debts and has closed a non-brokered private placement raising gross proceeds of $750,000 . The secured creditors are [...]
Gold Mountain Mining Corp. is pleased to announce that Mr. Calvin Cheung has agreed to act as the Company's new Chief Financial Officer effective immediately. Mr. Cheung has over 20 years of extensive experience in financial and accounting related functions, serving in senior management roles for over 10 of those years. He is a graduate of the University of British Columbia and holds a CPA designation. Mr. Cheung's [...]
Gold Mountain Mining Corp. announces that it has reached agreements with two secured creditors for the settlement and postponement of certain secured debts . The secured creditors are Nhwelmen Construction LP Ltd. who is currently owed $7,784,850.71 and Hedge Minerals Corp. who is currently owed $1,241,669.18 . Nhwelmen is the contract miner at the Company's Elk Gold Mine, and Hedge is an arms-length lender to the Company [...]
Gold Mountain Mining Corp. announces that it has received notice of default from Hedge Minerals Corp. after failing to make its payment obligations outlined under the Promissory Note dated September 13, 2023 . Hedge has demanded immediate payment of the original payment owing, six-month break fee, all additional interest, and all costs associated to legal and professional consulting regarding review and defense of legal [...]
Gold Mountain Mining Corp. announces that, further to its January 10th news release regarding demands for payment pursuant to its Elk Gold Mine project, it has been in discussions with its creditors and is working on finding a solution to the situation. The Company has also accepted the resignation of Mr. Stephen Wilkinson from the Company's Board of Directors. The Company wishes to thank Mr. Wilkinson for his services [...]
Gold Mountain Mining Corp. announces that its 2 subsidiaries holding the Elk Gold mining project concessions, have received "demand for payment" letters from two of its mine site contractors. The demand is for a total of approximately $5.6 million for contract work on the Elk gold mining project. $4.7 million of this amount is related to expenses incurred by its mining contractor and a notice of enforcement of security [...]
Gold Mountain Mining Corp. announces that it has amended its Annual General Meeting date from July 28, 2023 to August 11, 2023. The June 23, 2023 record date remains the same. An Amended Notice of Meeting and Record date is available at www.sedar.com. About Gold Mountain Mining Gold Mountain is a British Columbia based gold and silver exploration and development company focused on resource expansion at the Elk Gold [...]
Gold Mountain Mining Corp. announces that Mr. Howard Jones, a current Board member, will serve as the Company's acting CEO as the Company undertakes a search for a new CEO. Mr. Jones, a founding Board Member, will provide short-term leadership through this transition. Mr. Jones has previously acted as the Comptroller of the Bank of Nova Scotia's European & Middle East operation, and headed the corporate development [...]
Gold Mountain Mining Corp. is pleased to report its financial and operating results for the three months ended April 30, 2023 . The Company's Financial Statements, Management's Discussion and Analysis , are available for download on SEDAR and the Company's website. All amounts are expressed in Canadian dollars unless otherwise noted. Q1 2024 Highlights Gold sales of 1,798 oz from 7,794 tonnes delivered grading at an [...]