Northwire Canada EditionFriday, November 13, 2026
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Financings

Bullion Gold Completes Private Placement

By The Northwire Desk — AI Analysis Dec 23, 2025 · 16:16 BGD · 0.07 Bullion Gold Resources Corp.
BGD · Price

Executive Summary

  • Bullion Gold Resources Corp. closed a private placement issuing 2,727,273 flow‑through units at $0.11 per unit, raising gross proceeds of $300,000.
  • Each unit includes one flow‑through share and one common share purchase warrant exercisable at $0.13 for 24 months; finder's warrants were also issued.
  • Proceeds are earmarked for exploration work on the Cadillac‑Extension and Terragold projects.

Key Details

  • Units Issued: 2,727,273 flow‑through units (each = 1 Flow‑Through Share + 1 Warrant).
  • Pricing: $0.11 per unit; total gross proceeds of $300,000.
  • Warrant Terms: Common share purchase warrants exercisable at $0.13 per share for a period of 24 months from the closing date.
  • Finder’s Fee: Cash payment of $20,000 (8% of proceeds) plus issuance of 181,818 finder’s warrants (exercisable at $0.13 per share for 24 months).
  • Hold Period: All securities subject to a four‑month and one‑day hold period, ending April 24 2026.
  • Use of Proceeds: Dedicated to exploration expenses on the Cadillac‑Extension and Terragold projects in Quebec.
  • Regulatory Condition: Placement pending final approval by the TSX Venture Exchange.
  • Correction Notice: Earlier release (July 2 2025) misstated the July private placement; correct figures are 7,890,000 units for $394,500 gross proceeds.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Bullion Gold Resources Corp.

Oct 20, 2026 · 07:35

Bullion’s Terragold campaign delivered its best holes to date, marking a validation phase rather than a new discovery.

Drill Results Oct 07, 2026 · 07:45

Bullion’s Terragold project broadens to a 53.6 m envelope, though the grade remains sub-band and unpriced.

Drill Results Sep 23, 2026 · 06:50

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Drill Results Sep 16, 2026 · 07:01

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Drill Results Sep 09, 2026 · 14:31

Bullion’s Terragold project confirms high-grade surface gold via channel sampling ahead of upcoming drill results.

Drill Results Aug 25, 2026 · 07:01

Bullion completes validation drilling at Terragold, awaiting assay results to define near-surface gold potential.

Drill Results