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Bullion Gold Completes Private Placement
Montreal, Quebec--(Newsfile Corp. - December 23, 2025) - Bullion Gold Resources Corp. (TSXV: BGD...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"Bullion Gold Completes Private PlacementMontreal, Quebec--(Newsfile Corp. - December 23, 2025) - Bullion Gold Resources Corp. (TSXV: BGD) (\"Bullion Gold\" or the \"Corporation\") announces that it has closed a private placement (the \"Offering\"), pursuant to which it has issued 2,727,273 units of flow-through shares (the \"Flow-Through Units\") at a price of $0.11, for gross proceeds of $300,000.Each Flow-Through Unit is comprised of one Flow-Through Share and one common share purchase warrant (\"Warrant\"), each Warrant entitling its holder to purchase one additional Common Share in the capital of the Company for a period of 24 months from the closing date of the private placement, at a purchase price of $0.13 per common share. Proceeds of the Offering will be use for exploration expenses on the Cadillac-Extension and Terragold projects.In connection with the Offering, the Company paid a finder's fee of 8% in cash ($20,000 total) and issued 181,818 finder's warrants total (\"Finder's Warrants\") to one (1) arm-length intermediary. Each finder's warrant is exercisable to acquire one additional common share at a price of $0.13 per warrant for a period of 24 months from issuance.All securities issued pursuant to the Offering will be subject to a hold period of four (4) months and one day ending on April 24, 2026. The placement is subject to final approval by the TSX Venture Exchange.CorrectionThe Corporation also wishes to issue some corrections to previously released information:In the press release dated July 2, 2025, the Corporation announced the closing of a private placement and the issuance of 7,590,000 flow-through units at $0.05 per FT Unit, for gross proceed of $379,500. The correct amount of FT Units issued is 7,890,000 for a total gross proceed of $394,500.About Bullion Gold Resources Bullion Gold Resources is a junior exploration company active mainly in Quebec, particularly in the Abitibi and James Bay mining regions. The Company holds a 100% interest in the Bousquet (Au), Cadillac-Extension (Langlade Prospect - VMS), and Bodo (Polymetallic) projects.The Bousquet project is optioned to Australian company Olympio Metals (Oly), which may earn up to 80% of the gold project in exchange for $1.25M in cash and shares, plus $2M in exploration expenditures. Bullion would then retain a 20% undivided (net carried) interest.Th...