Mr. Simon Britt reports

BULLION ANNOUNCES $1.5 MILLION PRIVATE PLACEMENT

Bullion Gold Resources Corp. has arranged a private placement of up to 16,666,667 units of the company at a price of nine cents per unit for gross proceeds of up to $1.5-million.

Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share at a price of 15 cents per share for a period of 18 months from the closing date of the offering.

The common shares and warrants issuable under the offering will be subject to a statutory hold period in Canada expiring four months and one day following the closing date of the offering in accordance with applicable securities laws.

The net proceeds of the offering will be used primarily to finance the validation drilling campaign at the Terragold project, together with related geological, technical and exploration activities, which are scheduled to commence in late June, 2026. The program is designed to validate historical high-grade gold intersections identified following the recent compilation of historical data and the 3-D geological reinterpretation of the Terragold project.

The offering is expected to close on or about June 18, 2026, or such other date as the company may determine, and is subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing conditions.

The company may pay finders' fees and issue finders' warrants in connection with the offering in accordance with the policies of the TSX Venture Exchange.

Certain directors, officers and insiders of the company may participate in the offering. Such participation will constitute a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company expects to rely on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the securities issued to insiders, nor the consideration paid by insiders is expected to exceed 25 per cent of the company's market capitalization.

About the Terragold project

The Terragold project (38 claims -- 2,058 hectares) is located within the prolific Abitibi greenstone belt, 12 kilometres south of the municipality of Senneterre in Abitibi (Quebec, Canada). The main gold showing, known since the early 1960s, has been intersected by drilling over a cumulative strike length exceeding two kilometres to a depth of approximately 250 metres and has seen very limited exploration activity since 1984. The gold mineralized corridor, associated with a quartz-feldspar porphyry system, remains open in all directions.

Qualified person

The scientific and technical information disclosed in this news release has been reviewed and approved by Suzie Tremblay, a member in good standing of the Ordre des geologues du Quebec (OGQ No. 10664), who is a qualified person within the meaning of National Instrument 43-101 (Standards of Disclosure for Mineral Projects). All geoscientific activities related to the Terragold project are carried out under the supervision of Ms. Tremblay, vice-president of Explo-Logik.

About Bullion Gold Resources Corp.

Bullion is a Quebec-focused mineral exploration company advancing a portfolio of gold and polymetallic projects located in some of the province's most prospective mining districts. The company's strategy is centred on creating shareholder value through discovery success by applying modern geological interpretation, disciplined exploration practices and strategic partnerships.

The company holds a 100-per-cent interest in the Terragold (gold), Langlade (copper, zinc, gold and silver) and Bodo (copper, zinc, gold and silver) projects. The Bousquet (gold) project is under option to Olympio Metals.

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