Bulgold Announces Annual General Meeting Voting Results

BULGOLD ANNOUNCES ANNUAL GENERAL MEETING VOTING RESULTS

Toronto, ON. Wednesday, March 27, 2024 – BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is

pleased to announce the voting results from its Annual General Meeting of shareholders (“ Shareholders”) that

was held at 10:00 AM on March 27, 2024 (the “Meeting”).

All the matters put forward before Shareholders for consideration and approval as set out in the Company’s

management information circular dated February 6, 2024 (the “Circular”) were approved by the requisite majority

of votes cast at the Meeting. In particular, Shareholders approved the election of all director nominees listed in the

Circular. The board of directors of the Company is now comprised as follows:

• James A. Crombie

• Sean Hasson

• Colin Jones

• Laurie Marsland

• Dr. Mihaela Barnes

• Vanessa Cook

Shareholders also appointed Raymond Chabot Grant Thornton LLP as auditors of the Company until the close of

the next annual meeting of Shareholders at a remuneration to be fixed by the board of directors of the Company.

Further, the disinterested Shareholders passed an ordinary resolution approving and ratifying the Company’s 10%

“rolling” equity incentive plan (the full text of which is set out in the Circular).

A total of 16,163,553 common shares representing approximately 58.6% of the Company’s issued and outstanding

common shares were voted in connection with the Meeting, and each of the foregoing matters were approved by

over 97% of the votes cast thereon.

About BULGOLD Inc.

BULGOLD is a gold exploration company focused on the exploration and development of mineral exploration

projects in Central and Eastern Europe. The Company controls 100% of three quality quartz-adularia epithermal

gold projects located in the Bulgarian and Slovak portions of the Western Tethyan Belt: the Lutila Gold Project, the

Kostilkovo Gold Project and the Kutel Gold Project. Management of the Company believes that its assets show

potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralisation.

On December 31, 2023, BULGOLD’s issued and outstanding shares were 27,597,928 of which approximately

39.5% were held by Founders, Directors and Management. Additional information about the Company is available

on BULGOLD’s website (www.BULGOLD.com) and on SEDAR+ (www.sedarplus.ca).

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.

Cautionary Statement Regarding Forward-Looking Information

This press release contains forward ‐looking statements and forward ‐looking information within the meaning of

applicable securities laws. These statements relate to future events or future performance and include statements

relating to voting results of the Meeting. All statements other than statements of historical fact may be forward‐looking

statements or information. The forward‐looking statements and information are based on certain key expectations

and assumptions made by management of the Company. Although management of the Company believes that the

expectations and assumptions on which such forward-looking statements and information are based are reasonable,

undue reliance should not be placed on the forward‐looking statements and information since no assurance can be

given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of providing information about the current

expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on

such statements and information may not be appropriate for other purposes, such as making investment decisions.

Since forward‐looking statements and information address future events and conditions, by their very nature they

involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a

number of factors and risks, including the inherent uncertainty of mineral exploration; risks related to title to mineral

properties; and credit, market, currency, operational, commodity, geopolitical, liquidity and funding risks generally,

including changes in economic conditions, interest rates or tax rates and general market and economic conditions.

Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained

in this press release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking

statements and information contained in this press release are made as of the date hereof and no undertaking is

given to update publicly or revise any forward ‐looking statements or information, whether as a result of new

information, future events or otherwise, unless so required by applicable securities laws. The forward -looking

statements and information contained in this press release are expressly qualified by this cautionary statement.

For further information, please contact:

BULGOLD Inc.

Sean Hasson, President and Chief Executive Officer

Telephone: +359 2 989 2361

Email: [email protected]

Website: www.BULGOLD.com