Bullion Gold Resources Closes Private Placement
Vancouver, British Columbia – September 20, 2017: Bullion Gold Resources Corp. (TSX-V: BGD) (the “Company”) is pleased to announce that it has closed its private placement of 3,055,000 units at $0.15 per unit for total gross proceeds of $458,250. Each unit consists of one common share of the Company and one transferable share purchase warrant, each warrant entitling the holder thereof to purchase one additional common share of the Company at a price of $0.25 for one year from closing.
The Company paid a total of $19,039.99 and issued an aggregate of 126,933 share purchase warrants in finders’ fees with respect to the placement. Each warrant is exercisable into one common share of the Company at a price of $0.25 per share for a period of one year from closing.
All securities issued under the placement are subject to regulatory hold periods expiring on January 20, 2018.
Proceeds of the placement will be used for general working capital.
For further information, please contact the Company at (604) 678-5308 or visit www.bulliongold.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
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.