Bullion GOLD Terminates Letter of Intent with Vertical Designs Ltd.

BULLION GOLD RESOURCES CORP.

1300-1030 West Georgia Street

Vancouver, BC, V6E 2Y3

BULLION GOLD TERMINATES LETTER OF INTENT

WITH VERTICAL DESIGNS LTD.

VANCOUVER, B.C., August 1, 2018 – Bullion Gold Resources Corp. (TSX -V: BGD) (the

“Company”) announces that further to a news release dated March 6, 2018 the Company has

terminated the letter of intent dated March 6, 2018 (the “ LOI”) with Vertical Designs Ltd. and

its wholly owned subsidiaries Vertical Designs Alberta Ltd. and Vertical Designs Aruba Inc.

(collectively the “Vertical Group”). Under the LOI, the Company would have acquired all of

the issued and outstanding common shares in the capital of each member of the Vertical Group

in exchange for common shares in the capital of the Company (the “Shares”). The transaction

would have constituted a reverse takeover pursuant to the policies of the TSX Venture Exchange

(the “Exchange”).

The Company will be submitting a request to the Exchange to reinstate the Company’ s Shares

for trading.

For further information, please contact the Company at (604) 307-8290 or visit

www.bulliongold.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

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.