Gold Mountain Mining Corp. announced that Mr. Howard Jones, a current Board member, will serve as the company's acting CEO as the company undertakes a search for a new CEO. Mr. Jones, a founding Board Member, will provide short-term leadership through this transition.

Mr. Jones has previously acted as the Comptroller of the Bank of Nova Scotia's European & Middle East operation and headed the corporate development function at Pembina Pipeline Ltd. Mr. Jones currently owns and manages HJFC Corporate Development Inc. with a long list of successful corporate client turnarounds, growth, and personnel management. Mr. Kevin Smith, chief executive officer (CEO) is stepping down from their respective role effectively immediately. Mr. Smith will remain with the company as advisor during this transition period.