Bullion Gold Completes Private Placement

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.)