Brookemont Capital Inc.

December 08, 2010 03:01 ET

Brookemont Capital Inc.: Submission Made for Final Approval on 63.4 Square Kilometre Gold Prospect Bordering Canaco in Tanzania

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 8, 2010) - Brookemont Capital Inc. (TSX VENTURE:BKT) (PINK SHEETS:BKTRF) ("Brookemont" or the "Company") wishes to announce that it has now submitted to the TSX Venture Exchange ("Exchange") for final approval of the property acquisition in Tanzania. At this time Brookemont has received conditional approval by the Exchange for the property acquisition. On September 7, 2010, Brookemont announced it had entered into an option agreement with an arm's length vendor to acquire a 63.4 square kilometre property located in the Handeni Region of Tanzania. This prospect is bordering Canaco Resources Inc.'s (CAN—TSX.V) ("Canaco") Handeni Prospect in Tanzania. 

Conrad Clemiss, President of Brookemont stated, "We have now made the submission for final approval of the property acquisition to the TSX Venture. When you look at how the market has embraced Tanzanian gold companies such as Canaco, management is excited about the potential impact this project would have on the Company, especially since Brookemont currently has just over 30 million shares outstanding."

Brookemont currently has the following projects: (a) quartz mineral claims in the Yukon bordering Underworld, which was recently taken over by Kinross Gold Corporation and directly above the Coffee Discovery from Kaminak; (b) mineral claim blocks in the Stewart Mining Region of British Columbia bordering Canasia Industries Corporation's Clone Prospect; (c) mineral claims prospective for lithium in Northern Ontario; and (d) land in North Eastern Quebec prospective for REE's. Brookemont has approximately 30 million shares outstanding.

Conrad Clemiss, Chief Executive Officer, Director

Brookemont Capital Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

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