Further re Investment in JHI Associates Inc.

21 May 2020

WESTMOUNT ENERGY LIMITED

("Westmount" or the "Company")

Further re Investment in JHI Associates Inc. ("JHI")

Following the Company's receipt of the physical certificates for the 1,350,000 common shares in JHI, application has been made for admission of the 15,930,000 New Ordinary Shares to trading on AIM. The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares, and admission is expected to occur at 8.00am on 27 May 2020.

Following admission, the Company's issued share capital will comprise 125,761,486 ordinary shares, each with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms used but not defined in this announcement shall have the same meaning as set out in the Company's announcement dated 12 May 2020 with RNS Number 5622M.

For further information, please contact:

Westmount Energy Limited www.westmountenergy.com

David King, Director Tel: +44 (0) 1534 823059

Anita Weaver

Cenkos Securities plc (Nomad and Broker) Tel: +44 (0) 20 7397 8900

Nicholas Wells/Harry Hargreaves (Corporate Finance)