Core Points - Bullion Gold Resources has engaged Independent Trading Group (ITG) for market-making services to enhance liquidity and maintain a reasonable market for its shares [1][2] - The company is undertaking a non-brokered private placement at a price of CAD$0.07 per unit, aiming for minimum gross proceeds of CAD$200,000 [3][4] - The net proceeds from the private placement will be used for working capital and investor relations activities [4] Company Overview - Bullion Gold Resources is a junior exploration company focused on mining in Quebec, particularly in the Abitibi and James Bay regions [5] - The company holds a 100% interest in several projects, including Bousquet, Cadillac-Extension, and Bodo, with the Bousquet project optioned to Olympio Metals [5] - The Cadillac-Extension project is a VMS project ready for drilling, while the Bodo project is in early-stage exploration with indications of critical minerals [5] Market-Making Agreement - ITG will receive CAD$5,000 per month for its services, with the agreement initially set for one month and renewable monthly [2] - The agreement can be terminated by either party with 30 days' notice, and ITG will not receive shares or options as compensation [2] Private Placement Details - Each unit in the private placement consists of one common share and one warrant, allowing the purchase of an additional share at CAD$0.12 for 12 months [3] - All securities issued will be subject to a four-month hold period from the issuance date [4]
Bullion Gold Engages Independent Trading Group as Market Maker, Announces Private Placement.
Newsfileยท2025-10-21 21:41