The issuance of the Options is subject to the approval of the TSX Venture Exchange. If the issuance of the Options is approved by the TSX Venture Exchange, the Options will be subject to a minimum hold period of 4 months and one day in accordance with applicable securities laws.

BULLION GOLD RESOURCES CORP.

200 Burrard Street, Suite 1680, Vancouver, BC, V6C 3L6

News Release

Vancouver, British Columbia – February 20, 2018: Bullion Gold Resources Corp. (TSX -V: BGD)

(the “Company”) is pleased to announce 150,000 incentive stock options at an exercise price of $0. 30

have been granted to a director of the Company. The stock options will be exercisable for a period of five

years.

The issuance of the Options is subject to the approval of the TSX Venture Exchange. If the issuance of

the Options is approved by the TSX Venture Exchange, the Options will be subject to a minimum hold

period of 4 months and one day in accordance with applicable securities laws.

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 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.