Bullion Gold Engages Independent Trading Group as Market Maker, Announces Private Placement.

Executive Summary

• Bullion Gold Resources entered a market‑making agreement with Independent Trading Group (ITG) to provide liquidity for its shares on the TSXV, CSE and other venues.
• The company announced a non‑brokered private placement of units at CAD 0.07 per unit, targeting minimum gross proceeds of CAD 200,000.
• Net proceeds from the offering will be used for working capital, promotional activities and investor relations.

Key Details

• Market‑Making Agreement
• Counterparty: Independent Trading Group (ITG).
• Compensation: CAD 5,000 per month, payable in advance.
• Term: Initial one‑month term, automatically renewing on a month‑to‑month basis unless either party gives 30 days’ notice to terminate.

• No performance fees; ITG receives no shares or options.

• Private Placement

• Units priced at CAD 0.07 each.
• Each unit consists of:
  • One common share of Bullion Gold Resources.
  • One common share purchase warrant (right to acquire one additional share at CAD 0.12 for 12 months from issuance).
• Minimum aggregate gross proceeds: CAD 200,000.
• Use of proceeds: Working capital, promotional and investor‑relation activities.
• Hold period: Four months plus one day from the date of issuance.

• Offering subject to final approval by the TSX Venture Exchange.

• Regulatory & Disclosure

• Agreement and private placement are pending regulatory approval.
• No existing interest in Bullion Gold’s securities held by ITG or its principals at the time of execution.

Notable Quotes

• “The engagement of ITG will help improve liquidity for our shareholders while the private placement provides essential capital to advance our exploration and investor outreach initiatives.” – Guy Morissette, President & CEO.