Bullion Gold Resources Corp. Announces Non-Brokered Private Placement
FOR IMMEDIATE RELEASE TSX-V: BGD
September 18, 2014
BULLION GOLD RESOURCES CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Bullion Gold Resources Corp. (TSX-V: BGD) (“Bullion Gold” or the “Company”)
The Company is pleased to announce it has closed non-brokered private placement for proceeds of $35,096.40 through the issuance of 701,928 units of the Company at a price of $0.05 per non-flow through unit (a “NFT Unit”). Each NFT Unit consists of one common share and one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of $0.05 for two years, expiring on September 17, 2016.
The Company did not pay any finder’s fees or commissions related to this Offering. All securities issued under the Offering are subject to a four-month hold period expiring January 17, 2015.
The proceeds from the issuance of the NFT and FT Units shall be used for general working.
About Bullion Gold Resources Corp.:
Bullion Gold Resources Corp. is a TSX Venture listed mineral exploration company focused on the exploration of its 95,559 ha properties in the Cariboo Region, including the 16,180 ha Bullion Property which is under an earn-in option/joint venture agreement with Newmont Canada Corporation. The properties are located in the prolific Quesnel Terrane of central British Columbia, Canada and are accessible by highway and logging roads year round.
For information contact: Terry D. Severs, President & CEO Telephone: (604) 763-4848 Facsimile: (604) 683-6350 Email: [email protected]
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain disclosure in this release, including statements regarding the terms of the Offering, the possible completion of the Offering and the intended use of proceeds from the Offering, may constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities legislation. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company is able to obtain any required government or other regulatory approvals to complete the Company’s planned Offering and exploration activities and that the Company is able to complete the Offering. However, the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such uncertainties and risks are detailed from time to time in the Company's filings with the appropriate securities commissions, and may include, among others, that the Offering will not complete, market conditions, commodity prices, actual results of the Company’s exploration activities being different than those expected by management, delays in obtaining or failure to obtain required government or other regulatory approvals or financing, inability to procure equipment and supplies in sufficient quantities and on a timely basis, equipment breakdown and bad weather. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Bullion Gold Resources Corp.
#102 - 1949 Beach Avenue, Vancouver, BC V6G 1Z2 ● T 604 763 4848 ● F 604 683-6350