Bullion Gold Announces the Appointment of Simon Britt as President and Chief Executive Officer

Bullion Gold Resources Corp. announced on April 13, 2026, the appointment of Simon Britt as President and Chief Executive Officer, effective immediately. Outgoing CEO Guy Morissette will step down from day-to-day management but remain active as a strategic advisor and Technical Committee member. The Board Chairman cited Britt's extensive experience in equity and debt financings, capital markets, and project development as key assets for accelerating the company's growth strategy. This announcement follows a series of high-grade drilling results at the Bousquet Project (Paquin Prospect) released between March 23 and April 9, 2026, including intercepts of 19.40m @ 17.29 g/t Au and 7.5m @ 41.81 g/t Au. The company also recently completed the acquisition of the Terragold Project via share issuance in January 2026 and has engaged in multiple private placements throughout late 2025 to fund exploration.

The appointment of Simon Britt is assessed as Routine - Positive. While it does not directly alter the geological value of the assets, it signals a strategic pivot towards capital markets execution following successful exploration phases. - Positive Aspects: The new CEO's background in financing addresses the company's persistent need for liquidity to fund large-scale drilling programs (e.g., the planned 25,000m program on Terragold). This aligns with the immediate need to capitalize on the recent bonanza results at Bousquet. - Neutral/Risk Aspects: Leadership changes can introduce execution risk during critical phases. However, Morissette's retention as an advisor mitigates the loss of technical knowledge regarding the Bousquet Project. The market likely anticipated a management evolution given the company's transition from early exploration to resource definition and financing. - Context: This news is secondary to the material positive impact of the March/April drilling results, which drove the stock price from $0.09 in late February to $0.11 by April 2026. The CEO change supports the narrative but does not independently drive valuation without a concurrent financing or resource announcement.

Bullion Gold Resources Corp. is a junior explorer focused on gold and polymetallic assets in Quebec, Canada. - Flagship Project: Bousquet Gold Project (Abitibi region). Located on the Cadillac Break, near major mines like Agnico Eagle's La Ronde. Recent drilling has identified high-grade lodes at the Paquin Prospect. - Other Assets: - Terragold Project: 100% owned, acquired Jan 2026. Targeting low-grade open-pit potential with historic grades up to ~4 g/t Au. Plans for 25,000m drill program in 2026. - Langlade Project: VMS-style copper-zinc-silver-gold project. Recent till sampling found coarse gold grains north of the main showing. - Bodo Project: Polymetallic (Cu-Au-Ag-Zn) with high-grade surface samples up to 15.5% Cu and 137 g/t Ag.