WestMountain Gold, Inc. Announces the Reopening of Terra Mining Camp for the 2015 Mining Season and a Debt Restructure Agreement for the Company

SANDPOINT, ID / ACCESSWIRE / June 5, 2015 / WestMountain Gold Inc.("WestMountain") (OTCQB: WMTN)

"We are pleased to announce that we are commencing operations at the Terra Project for the 2015 mining season and we look forward to building on our success from last year's production.The recent debt restructuring and infusion of new capital allows us to immediately start operations and provides a path that allows us to pay our debt as we continue to grow the Company and shareholder value over the next several years," stated Greg Schifrin, CEO.

WMTN, a mineral exploration and development company announced today that as of May 26, 2015 it entered into a Loan and Note Modification Agreement with BOCO Investments, LLC ("BOCO") which facilitated a restructure of all of the Company's debt with BOCO. Upon the execution of this agreement, the Company is no longer in default on any of its outstanding debt with BOCO. The Agreement not only lowers the annual interest rate on all debt held by BOCO to 8 percent, but also restructures the repayment schedule over the next three years. BOCO also agreed to convert all of its accrued interest and a portion of its principal into equity in the Company.

As part of the Agreement, BOCO also agreed to exercise 6,886,615 warrants, which were exercised on May 27, 2015, for total proceeds of $264,331 paid to the Company. BOCO has also provided an additional $150,000 credit facility for expenses relating to project expenditures.This infusion of capital allows WestMountain to immediately proceed to open up the Terra Camp for the 2015 mining season.

About WestMountain Gold, Inc.

WestMountain Gold Inc. (OTCQB: WMTN) is an exploration and development company that explores, acquires, and develops advanced stage mineral properties. The Company currently has rights 100% interest in a high-grade gold system in the resource definition phase with 49,809 ounces of indicated and 369,795 ounces of inferred gold for a total of 419,604 ounces of gold based on the NI 43-101 Technical Report completed by Gustavson Associates on February 19, 2013. This high-grade gold system in total offers potential of greater than 1,000,000 ounces. The Terra project consists of 344 Alaska state mining claims covering 223 square kilometers. All government permits and reclamation plans for continued exploration through 2014 were renewed in 2010. Additional details are available at http://www.westmountaingold.com/.

Safe Harbor Statement
Some statements contained in this news release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, therefore, involve uncertainties or risks that could cause actual results to differ materially. These statements may contain words such as "desires," "believes," "anticipates," "plans," "expects," "intends," "estimates" or similar expressions. These statements are not guarantees of the Company's future performance and are subject to risks, uncertainties and other important factors that could cause its actual performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Such statements include, but are not limited to, the potential of the Terra Project, gold recovery, indicated and inferred resources, and expectations to run milling operations at 50 tonnes per day. Additional information regarding factors that could cause results to differ materially from management's expectations is found in the Company's SEC filings. The Company intends that the forward-looking statements contained herein be subject to the above-mentioned statutory safe harbors. Investors are cautioned not to rely on forward-looking statements. The Company disclaims any obligation to update forward-looking statements.

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SOURCE: WestMountain Gold Inc.