Brookmount Gold Terminates Provisional Agreement to Acquire Principal Solar; Moves Forward with Incorporation of Subsidiary to Effect Spin Off of North American Assets
Brookmount Gold (sic. Brookmount Explorations Inc.) (OTC:BMXI), The Board of Directors of Brookmount Gold, a gold exploration and production company, today confirmed that, through the due diligence process, it has terminated the previously announced Memorandum of Understanding to acquire the shares of Principal Solar, Inc (OTC ID: "PSWW"). Instead of acquiring a public vehicle to effect the spin off and recapitalization of its North American...
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