BULGOLD Announces Non-Brokered Private Placement for Gross Proceeds of Up to $1 Million

Core Points - BULGOLD Inc. is conducting a non-brokered private placement to raise up to $1,000,000 by selling common shares at a price of $0.05 per share [1] - The proceeds from the offering will be used for exploration and general corporate purposes, with the closing date scheduled for around June 30, 2025 [3] Offering Details - The company will pay a finder's fee of 7.0% of the gross proceeds from shares sold to third parties, along with finder's warrants equal to 7.0% of the shares sold [2] - Each finder's warrant allows the holder to acquire one additional common share at an exercise price of $0.07 for 18 months from the closing date [2] Company Overview - BULGOLD is focused on gold exploration in Central and Eastern Europe, controlling three quartz-adularia epithermal gold projects in Bulgaria and Slovakia [5] - As of March 31, 2025, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by founders, directors, and management [6]