Bullion Gold Resources Appoints New President & Arranges Private Placement

BULLION GOLD RESOURCES CORP. 200 Burrard Street, Suite 1680, Vancouver, BC, V6C 3L6

Bullion Gold Resources Appoints New President & Arranges Private Placement

Vancouver, British Columbia – August 15, 2017: Bullion Gold Resources Corp. (TSX-V: BGD) (the “Company”) is pleased to announce that Mr. Chris Cooper has been appointed as the new President and CEO of the Company effective immediately. Mr. Cooper has over 20 years of extensive business experience in all facets of corporate development, senior management, finance and operations, in both the private and public sectors. His experience includes spearheading growth strategies, financial reporting, quarterly and annual budgets, overseeing corporate administration, while achieving company objectives and maintaining internal cost controls. Mr. Cooper has been a director of several private and public Company’s over the last 20 years.

The Company also announces the terms of a non-brokered private placement. The Company will offer by private placement up to 4,000,000 units at a price of $0.15 per unit for gross proceeds of $600,000. Each Unit will consist of one common share of the Company and one full share purchase warrant, each full warrant entitling the holder thereof to purchase, for a period of 12 months from the date of issuance, one additional common share of the Company at a price of $0.25 per share. Proceeds of the offering will be used for general working capital.

The private placement is subject to the approval of the TSX Venture Exchange. All the securities issued under the private placement are subject to resale restrictions under applicable securities legislation.

Mr. Dominic Verdejo has resigned as the President and CEO but remains as a member of the board of directors.

400,000 incentive stock options at an exercise price of $0.20 have been granted to Mr. Cooper in conjunction with his appointment as President and CEO

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

ON BEHALF OF THE BOARD OF DIRECTORS

Chris Cooper President and CEO

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.