Brookmount Explorations Inc. (BMXI) Completes Acquisition of Mentor AI Corp

About this update from Brookmount Explorations, Inc.

All-stock acquisition marks the Company's entry into artificial-intelligence technologiesRENO, NV / ACCESS Newswire / July 20, 2026 / Brookmount Explorations, Inc. (OTCID:BMXI) (the "Company"), an operator of producing gold properties in the Republic of Indonesia, today announced that it has completed the acquisition of U.S.-based Mentor AI Corp in an all-stock transaction, as part of its strategy to expand into artificial-intelligence and data-intelligence technologies. Mentor AI and its AI mentoring platform are now part of the Company.The acquisition marks the Company's entry into the artificial-intelligence sector, adding a consumer-facing platform in the market for AI-powered personal and professional development to its portfolio alongside its existing resource operations.Mentor AI is built around a single idea: one platform, with a shared mentoring approach, which has displayed tremendous revenue growth since inception. Rather than a single generic assistant, it combines domain expertise across distinct areas of personal and professional development with a shared mentoring approach - one that becomes increasingly personalized to each user as the relationship develops. The Company intends to introduce the platform's individual mentors and their capabilities in a series of upcoming releases.Specific terms of the transaction will be discussed in financial supplements which will shortly be made availablethrough OTC Markets. Investors and interested parties are encouraged to review the Company's disclosures at www.otcmarkets.com under ticker BMXI, and to follow the Company's future filings for further detail.Brookmount Explorations, Inc. CEO Nils Ollquist said: "Completing this acquisition is an important step in expanding into artificial-intelligence and data-intelligence technologies. Mentor AI gives the Company a differentiated platform in personal and professional development, and we look forward to sharing more about it in the months ahead."In addition, Brookmount Explorations, Inc. CEO Nils Ollquist said: "During the coming weeks, the Company's current officers and members of the Board of Directors expect to submit their resignations. Subject to the completion of the required corporate approvals and formal appointment process, Mr. Ortega Jaen, President of Mentor AI Corp., and members of his leadership team are expected to be appointed as directors...

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