Gold exploration projects (Lutila Gold Project
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BULGOLD Announces Grant of Stock Options
Globenewswire· 2025-09-30 21:05
Core Points - BULGOLD Inc. has granted stock options to purchase up to 2,160,000 common shares at an exercise price of C$0.15 per share, valid for five years [1] - The stock options will vest in three phases: one-third immediately, one-third after one year, and one-third after two years [1] - The options have been allocated to directors, officers, employees, and consultants under the company's stock option plan, pending regulatory approval [2] Company Overview - BULGOLD is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling three quartz-adularia epithermal gold projects in Bulgaria and Slovakia [3] - The projects include the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project, which are believed to have potential for high-grade gold mineralization [3] Shareholder Information - As of August 31, 2025, BULGOLD had 49,132,335 issued and outstanding shares, with approximately 28.3% held by founders, directors, and management [4]
BULGOLD Announces Filing of Second Quarter Financial Results for the Three and Six Months Ended June 30, 2025
Globenewswire· 2025-08-22 11:30
Financial Performance - For the second quarter ended June 30, 2025, BULGOLD Inc. reported a net comprehensive loss of $114,537, equating to $0.00 per share [1] - For the six months ending June 30, 2025, the company incurred a net comprehensive loss of $152,428, or $0.01 per share [1] - As of June 30, 2025, BULGOLD had cash and cash equivalents amounting to $255,401 [1] Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe [2] - The company controls 100% of three quartz-adularia epithermal gold projects located in Bulgaria and Slovakia: the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project [2] - Management believes that the company's assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2] Shareholder Information - As of June 30, 2025, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by Founders, Directors, and Management [3]
BULGOLD Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately $1 Million
Globenewswire· 2025-07-10 13:15
Core Viewpoint - BULGOLD Inc. has successfully closed a non-brokered private placement, raising approximately $1,076,720 through the sale of 21,534,407 common shares at a price of $0.05 per share [1] Group 1: Offering Details - The Offering generated gross proceeds of approximately $1,076,720 from the sale of 21,534,407 common shares at an issue price of $0.05 per share [1] - Finders received a cash fee of $7,700 and 154,000 finder's warrants, each allowing the purchase of one additional common share at an exercise price of $0.07 until January 9, 2027 [2] - Management subscribed for $138,567 of the Offering, which is considered a related party transaction under MI 61-101 [3] Group 2: Use of Proceeds - The proceeds from the Offering will be utilized for exploration and general corporate purposes [4] Group 3: Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling three quartz-adularia epithermal gold projects in Bulgaria and Slovakia [6] - As of July 10, 2025, BULGOLD had 49,132,335 issued and outstanding shares, with approximately 28.3% held by Founders, Directors, and Management [7]
BULGOLD Announces Non-Brokered Private Placement for Gross Proceeds of Up to $1 Million
Globenewswire· 2025-06-05 21:00
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]
BULGOLD Announces Filing of First Quarter Financial Results For The Three Months Ended March 31, 2025
Globenewswire· 2025-05-23 21:05
Core Viewpoint - BULGOLD Inc. reported a net loss of $119,150 for the first quarter of 2025, with cash and cash equivalents of $252,891 as of March 31, 2024 [1][2]. Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe [2]. - The company controls 100% of three quartz-adularia epithermal gold projects located in Bulgaria and Slovakia: the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project [2]. - Management believes that the company's assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2]. Shareholder Information - As of March 31, 2025, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by Founders, Directors, and Management [3].
BULGOLD Announces Annual General and Special Meeting Voting Results
Globenewswire· 2025-05-21 21:00
Core Points - BULGOLD Inc. held its Annual General and Special Meeting on May 21, 2025, where all matters proposed were approved by the requisite majority of votes [1][2] - Shareholders elected all director nominees and appointed McGovern Hurley LLP as auditors until the next annual meeting [2] - An ordinary resolution was passed to ratify the Company's 10% "rolling" equity incentive plan, allowing for the issuance of awards based on 10% of the outstanding common shares [3] - Approximately 39.7% of the Company's issued and outstanding common shares were voted, with over 99.4% approval for all matters [4] Company Overview - BULGOLD is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe, controlling three quartz-adularia epithermal gold projects in Bulgaria and Slovakia [5] - The projects include the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project, which are believed to have potential for high-grade gold mineralization [5] - As of December 31, 2024, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by Founders, Directors, and Management [6]