Bullion Gold Resources Corp. Announces Consulting Agreement with Keith R. Bullen, Stock Option Grant and Resignation of a Director
FOR IMMEDIATE RELEASE TSX-V: BGD
January 2, 2014
BULLION GOLD RESOURCES CORP. ANNOUNCES CONSULTING AGREEMENT WITH KEITH R. BULLEN, STOCK OPTION GRANT AND RESIGNATION OF A DIRECTOR
Bullion Gold Resources Corp. (TSX-V: BGD) (“Bullion Gold” or the “Company”)
The Company is pleased to welcome Keith R. Bullen as an Advisor to the company. Mr. Bullen has over 30 years of experience in the international investment industry. An award-winning executive, Mr. Bullen brings to Bullion Gold a wealth of contacts throughout the investment community, including institutional investors, retail brokers, investment bankers, analysts, and private investors. During his career, Mr. Bullen has structured numerous equity financings, ranging from initial public offerings to private placements and syndicated brokered financings.
Terry Severs, CEO, stated: "We are very pleased to have Keith join our company. His exceptional financial industry experience and management talent will greatly complement our technical team, and we look forward to his immediate contribution and strong leadership in this key advisory role."
Mr. Bullen currently serves at President and Director of The Bullen Group, consulting on financings, market activity, trading analysis, reporting procedures and introduction to the financial and investing communities in both USA and Canada. Previously, Mr. Bullen served as Chairman and CEO of two Exempt Market Dealerships. Prior to that, Mr. Bullen specialized in International Securities Training and Arbitrage as Managing Director for Nesbitt Thompson Deacon Ltd, Bell Gouinlock, and Davidson and Partners, where he installed the first direct wire trading system between Canada and the USA – later recognized by MIT as a unique and superior achievement.
Mr. Kurt Hoffman resigned from the Company on October 31st, 2013, to pursue other opportunities. The Company thanks Mr. Hoffman for his input and time spent on the Board and we wish him well in his future endeavors.
Additionally, the company would like to thank Newmont for their exploration work over the past two years on the 16,180 hectare Bullion property. Due to current market conditions Newmont Canada Corporation (“Newmont”), a subsidiary of Newmont Mining Corp. has chosen to focus on more advanced-stage projects at this time. The property will revert to 100 % ownership by Bullion Gold Resources Corp. The thorough exploration data compiled by Newmont over their two-year joint venture will be submitted to Bullion Gold for full evaluation, and will be instrumental in building a continued successful exploration program.
On January 2, 2014, Bullion Gold Resources Corp. granted director, officer and employee incentive stock options on one million shares of the company's capital stock, exercisable up to January 2, 2019, at a price of five cents per share.
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. 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: terry@bulliongold.ca
Cautionary Statement
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.
Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.