BULLION GOLD RESOUCES CORP. 510-­‐744 West Hastings Street, Vancouver, BC, V6C 1A1 BULLION GOLD RECEIVES APPROVAL ON DEBT SETTLEMENT TRANSACTION

Vancouver, British Columbia – June 27, 2016: Bullion Gold Resources Corp. (TSX-V: BGD) (the “Company is pleased to announce that, further to its news release dated June 14, 2016, it has closed the debt settlement transaction (the “Transaction”) and settled indebtedness in the aggregate amount of $839,386.60

Pursuant to the Transaction, the Company allotted and issued 9,875,136 common shares at a deemed price of $0.085 per share to various arm’s length creditors. All shares are subject to escrow over a three-year release schedule. The Company determined to satisfy this outstanding indebtedness with shares in order to preserve its cash for operations.

All shares issued pursuant to the Transaction are subject to a four-month and one-day hold period.

For further information, please contact Dominic Verdejo at (604) 678-5308 or visit www.bulliongold.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

“Dominic Verdejo”

Dominic Verdejo

President and CEO

(604) 678-5308

Neither 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.