An anonymous director reports

GOLD MOUNTAIN RECEIVES NOTICE OF DEFAULT & BREACH OF CONTRACT

Gold Mountain Mining Corp. has received notice of default from Hedge Minerals Corp. after failing to make its payment obligations outlined under the promissory note dated Sept. 13, 2023.

Hedge has demanded immediate payment of the original payment owing, a six-month break fee, all additional interest, and all costs associated to legal and professional consulting regarding review and defence of legal rights under the terms of the note.

Gold Mountain management is currently attempting to negotiate possible solutions to restructure the terms of the note to resolve the current default and breach.

Nhwelmen Construction GSA (general security agreement) default update

The company also continues to work toward resolution with Nhwelmen Construction LP Ltd. with respect to its current GSA default and demand notice(s). At this time, no resolution has been found.

About Gold Mountain Mining Corp.

Gold Mountain is a British Columbia based gold and silver production, exploration and development company focused on the development of the Elk gold mine, a producing mine located 57 kilometres from Merritt in south-central British Columbia.

We seek Safe Harbor.