BKT

Brookemont Capital Inc. (TSX VENTURE:BKT)(PINK SHEETS:BKTPF) ("Brookemont",
"BKT" or the "Company") wishes to report that it has closed the first tranche of
the private placement announced August 5, 2011. The first tranche closed was for
gross proceeds of $1,345,000. The funds raised will go primarily towards the
planned Tanzanian drill program that is expected to commence shortly. 


The first tranche closed by the Company consisted of 8,499,999 non flow-through
units (the "NFT Units") at $0.15 per NFT Unit and 350,000 flow-through units
(the "FT Units") at $0.20 per FT Unit. Each NFT Unit consists of one common
share issued on a non flow-through basis and one transferable share purchase
warrant. Each warrant associated with the NFT Units will be exercisable at $0.25
per share into one common share for a period five years from closing. Each FT
Unit consists of one common share issued on a flow-through basis and one
transferable share purchase warrant. Each warrant associated with the FT Units
will be exercisable at $0.30 per share into one common share for a period five
years from closing. 


BKT may by written notice force the exercise of any unexercised warrants,
associated with the NFT Units, FT Units and B Warrants, if the closing price of
the shares on the TSX Venture Exchange is equal to or greater than $0.50 per
share for a period of ten consecutive days during the term of the warrants. Any
unexercised warrants will terminate on the date that is 60 days from the date of
such notice of forced exercise.  


In connection with the financing, the Company paid aggregate finder's fees of
$53,239, issued 354,095 common shares and 708,190 B Warrants in accordance with
the rules and policies of the TSX Venture Exchange. All securities issued in
connection with the closing of the offering are subject to a restricted period
that expires January 7, 2012 in accordance with applicable securities laws.


Conrad Clemiss, President of Brookemont stated, "Now that we have closed the
majority of the private placement, we can move forward on our drill programs.
Management is very optimistic about the remainder of 2011 as we are now in a
position to commence operations. Indications on the Tanzania prospect have
returned positive results to date and we look forward to being able to follow up
with a drill program shortly and we hope to confirm the initial indications seen
to date on the property."


On Aug 16th, 2011 BKT announced it increased its acreage on its Rare Earth
Prospect in Quebec, located in the vicinity of Commerce Resources' Eldor
Discovery. Following this acquisition Brookemont had approximately 8,250
contiguous acres, up from approximately 3,600 acres. Management anticipates
commencing operations on this property shortly. 


On August 10, 2011, BKT announced that work operations on its 100 percent owned
White Gold Prospect in the Yukon have also commenced. This prospect borders the
'Golden Saddle' discovery owned by Kinross Gold after they acquired Underworld
Resources in June 2010.


On July 29, 2011, the Company reported that its field manager has visited the
site of the recently uncovered 4.5 km arsenic soil sampling geochem anomaly, on
its Tanzanian property adjacent to the north of Canaco's Magambazi Prospecting
License.


Trenching of the zone has uncovered a silicified zone and quartz vein and is
being sampled for gold. Visible arsenopyrite was observed in the amphibolites
associated with the quartz vein. The relationship of this arsenopyrite rich
volcanic like rock to the area is not clear, but the uniqueness of it could
represent a late intrusion into the highly metamorphic terrane and with the
presence of the arsenopyrite could be related to the mineralizing "engine" for
the mineralization in the area. Investigations of the relationship are
continuing. Field sampling of the drainages cutting in the vicinity of the
arsenic geochem anomaly have revealed gold flakes and even a small almost 0.5 mm
"nugget" present in the system. The source of the gold is local as the drainages
are extremely intermittent and the sample medium was located amid angular
boulders within 1 metre of the surface.


The field manager, Laurence Stephenson reported, "The discovery of this zone on
BKT's property could be the first example of results using modern exploration
techniques to locate the mineralization as opposed to the previous area
discoveries following up on the artesianal mining efforts of the local small
scale miners. There was no apparent knowledge that mineralization was in this
area until BKT's crews discovered it."


All of the content of this release has been provided, reviewed and approved by
Lawrence Stephenson, PGeo, a qualified person as defined by National Instrument
43-101. 


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) land in North Eastern Quebec
prospective for REE's in close proximity to the Eldor REE prospect of Commerce
Resources; and (d) 63 square kilometres of land in Tanzania bordering Canaco
Resources. 


If you would like to be added to Brookemont's news distribution list, please
send your email address to info@brookemontcapital.com. 


Conrad Clemiss, President, Director

Brookemont Capital Inc.

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