Bullion GOLD Provides Update ON Trading Halt, Tier 2 Status ON the TSX Venture Exchange and Repayment of Loan
LEGAL_29755766.1
BULLION GOLD RESOURCES CORP.
1030 West Georgia Street, Suite 1300
Vancouver, BC, V6E 2Y3
BULLION GOLD PROVIDES UPDATE ON TRADING HALT, TIER 2 STATUS ON THE TSX
VENTURE EXCHANGE AND REPAYMENT OF LOAN
VANCOUVER, B.C., September 17, 2018 – Bullion Gold Re sources Corp. (TSX -V: BGD) (the
“Company”), announces that it has received approval from the TSX Venture Exchange (the “Exchange”)
to recommence trading effective September 19, 2018.
As part of the Exchange’s correspondence with the Company, the Exchange has indicated that the
Company has Tier 2 Continued Listing Requirements (“CLR”) deficiencies. The deficiencies identified
relate to working capital and activity for a Company classified as a Tier 2 mining issuer . On September
17, 2018, in accordance with section 3.2(b) of Exchange Policy 2.5, the Exchange placed the Company on
notice with an initial deadline of December 14, 2018 (the “ Submission Date”) by which date the
Company is to provide a submission to the Exchange evidencing that it meets Tier 2 CLR . In the event
that the Company does not satisfy CLR by the Submission Date, the Exchange may proceed to transfer
the Company’s listing to NEX without further notice.
The Company further announces that the principal amount of a non-interest bearing loan of $100,000 (the
“Loan”), issued to Vertical Designs Ltd. in conjunction with a proposed reverse takeover transaction
further discussed in a news release dated M arch 6, 2018, will become due as of November 7, 2018 (the
“Maturity Date”). The Company anticipates receiving full payment of the principal amount of the Loan
on or prior to the Maturity Date.
About the Company
The Company exists under the laws of British Columbia, is a reporting issuer in British Columbia and
Alberta and its shares are lis ted on the Exchange. The Company was previously involved in the
identification, exploration and development of viable mineral properties in British Columbia but has since
elected to pursue opportunities in other markets.
For more information on the Company ’s financial information, refer to its audited financial statements,
and notes related thereto, and Management’s Discussion and Analysis for the fiscal year ended December
31, 2017 and its quarterly unaudited financial statements and MD&A for the period ended June 30, 2018,
both of which are posted on SEDAR (www.sedar.com).
For further information, please contact the Company at (604) 307-8290 or visit www.bulliongold.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
“Chris Cooper”
________________________________
Chris Cooper
President and CEO
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.
This news rel ease contains forward -looking information relating to the Company's growth and corporate strategy,
and other statements that are not historical facts. Forward -looking in formation relates to management’ s future
outlook and anticipated events or results, and may include statements or information regarding the Company’s
ability to remain classified as a Tier 2 issuer on the TSX Venture Exchange; the Company’s ability to source
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business opportunities; the Loan or repayment of the Loan ; and the future plans or p rospects of the Company.
Although management of the Company has attempted to identify important factors that could cause actual results to
differ materially from those contained in forward ‐looking information, there may be other factors that cause results
not to be as anticipated, estimated or intended.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties
and other factors that may cause actual events to differ materially from current expectation. Important factors –
including, but not limited to: general market conditions; industry conditions; government regulation; unanticipated
operating events of performance; the availability of capital on acceptable terms; and stock market volatility – that
could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s
documents filed from time to time on SEDAR (see www.sedar.com).
Readers are cautioned not to place undue reliance on these forward-looking statements, which should not be
construed as exhaustive and speak only as of the date of this press release. The Company disclaims any intention or
obligation, except to the extent required by law, to update or revise any forward -looking statements, whether as a
result of new information, future events or otherwise.