For immediate distribution Bullion Announces $1.5 Million Private Placement
NEWS RELEASE
For immediate distribution
Bullion Announces $1.5 Million Private Placement
MONTREAL, QU EBEC – June 2 , 2026 – Bullion Gold Resources Corp. (TSX-V: BGD ) (“ Bullion” or the
“Company”) is pleased to announce a private placement of up to 16,666,667 units of the Company (the
“Units”) at a price of $0.09 per Unit for gross proceeds of up to $1,500,000 (the “Offering”).
Each Unit will consist of one common share of the Company (a "Common Share") and one -half of one
common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder
thereof to acquire one additional Common Share at a price of $0.15 per share for a period of 18 months from
the closing date of the Offering.
The Common Shares and Warrants issuable under the Offering will be subject to a statutory hold period in
Canada expiring four months and one day following the closing date of the Offering, in accordance with
applicable securities laws.
The net proceeds of the Offering will be used primarily to fund the validation drilling campaign at the
Terragold project, together with related geological, technical and exploration activities, which are scheduled
to commence in late June 2026. The program is designed to validate historical high-grade gold intersections
identified following the recent compilation of historical data and the three -dimensional geological
reinterpretation of the Terragold project.
The Offering is expected to close on or about June 18, 2026, or such other date as the Company may
determine, and is subject to the approval of the TSX Venture Exchange and the satisfaction of customary
closing conditions.
The Company may pay finder's fees and issue finder's warrants in connection with the Offering in
accordance with the policies of the TSX Venture Exchange.
Certain directors, officers and insiders of the Company may participate in the Offering. Such participation
will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection
of Minority Security Holders in Special Transactions ("MI 61 -101"). The Company expects to rely on the
exemptions from the formal valuation and minority shareholder approval requirements contained in
Sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities issued to insiders
nor the consideration paid by insiders is expected to exceed 25% of the Company's market capitalization.
About the Terragold Project
The Terragold project (38 claims – 2,058 ha) is located within the prolific Abitibi Greenstone Belt, 12 km south
of the municipality of Senneterre in Abitibi (Québec, Canada). The main gold showing, known since the early
1960s, has been intersected by drilling over a cumulative strike length exceeding 2 kilometres to a depth of
approximately 250 meters and has seen very limited exploration activity since 1984. The gold mineralized
corridor, associated with a quartz –feldspar porphyry system, remains open in all directions. Surface Proof of
Concept: Th e validity of the system is supported by a historical 237 kg bulk sample grading 3.64 g/t Au,
demonstrating mineralization outcropping at surface.
Qualified Person
The scientific and technical information disclosed in this news release has been reviewed and approved by
Ms. Suzie Tremblay, a member in good standing of the Ordre des géologues du Québec (OGQ No. 10664),
who is a “Qualified Person” within the meaning of National Instrument 43-101 – Standards of Disclosure
for Mineral Projects. All geoscientific activities related to the Terragold project are carried out under the
supervision of Ms. Suzie Tremblay, Vice President of Explo-Logik.
About Bullion Gold Resources Corp.
Bullion Gold Resources Corp. (TSX-V: BGD) is a Québec-focused mineral exploration company advancing a
portfolio of gold and polymetallic projects located in some of the province's most prospective mining
districts. The Company's strategy is centered on creating shareholder value through discovery success by
applying modern geological interpretation, disciplined exploration practices and strategic partnerships.
The Company holds a 100% interest in the Terragold (Au), Langlade (Cu, Zn, Au, Ag), and Bodo (Cu, Zn, Au,
Ag) projects. The Bousquet (Au) project is under option to Olympio Metals (ASX: OLY).
A new corporate website is currently under construction and is expected to be launched in the coming
weeks.
For further information, please contact:
Simon Britt
President and CEO
Bullion Gold Resources Corp.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain information and statements that may constitute "forward -looking
information". Forward-looking statements are statements that are not historical facts and are generally, but
not always, identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled",
"estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates", "aims", "targets" or
"believes", or variations of, or the negatives of, such words and phrases or state that certain actions, events
or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. Inherent in
forward-looking statements are risks, uncertainties and other factors beyond the Corporation 's ability to
predict or control. All statements, other than statements of historical facts, included in this news release
that address future events, developments or performance that Bullion expects to occur are forward-looking
statements.