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Bullion Gold Engages Independent Trading Group as Market Maker, Announces Private Placement.
Montreal, Quebec--(Newsfile Corp. - October 21, 2025) - Bullion Gold Resources (TSXV: BGD) ("Bul...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"Bullion Gold Engages Independent Trading Group as Market Maker, Announces Private Placement.Montreal, Quebec--(Newsfile Corp. - October 21, 2025) - Bullion Gold Resources (TSXV: BGD) (\"Bullion Gold\" or \"The Company\") announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group (\"ITG\") to provide market-making services in accordance with TSX Venture Exchange TSXV, CSE, Cboe Canada policies. ITG will trade shares of the Company on the CSE/ Cboe Canada/ TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.Under the agreement, ITG will receive compensation of CAD$ 5,000 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days' notice. There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.Private PlacementThe Company also announces that it will undertake a non-brokered private placement (\"The Offering\") consisting of issuance of units of the Company at a price of seven cents per unit for minimum aggregate gross proceeds of $200,000. Each unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at a price of 12 cents per common share for a period of 12 months from the date of issuance. Dollar amounts are in Canadian dollars unless otherwise noted.Bullion Gold intends to use the net proceeds from the Offering for working capital purposes, promotional and investor relation activities. All securities issued pursuant to the Offering will be subject to a hold period of four (4) months and one day from the date of issuance. The placement is subject to final approval by the TSX Venture Exchange.About Bullion Gold ResourcesBullion Gold Resources is a junior exploration company primarily working in Quebec, specifically in the Abitibi and James Bay mining regions. ...