Mr. Sean Hasson reports

BULGOLD ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING VOTING RESULTS

Bulgold Inc. has released the voting results from its annual general and special meeting of the holders of common shares of the company that was held at 10 a.m. on May 20, 2026.

All the matters put forward before shareholders for consideration and approval as set out in the company's management information circular dated March 31, 2026, were approved by the requisite majority of votes cast at the meeting. In particular, shareholders approved the election of all director nominees listed in the circular. The board of directors of the company now comprises as follows: James A. Crombie, Sean Hasson, Colin Jones, Laurie Marsland, Dr. Mihaela Barnes and Vanessa Cook.

Shareholders also appointed McGovern Hurley LLP as the auditor of the company until the close of the next annual meeting of shareholders at a remuneration to be fixed by the board of directors of the company.

Further, the disinterested shareholders passed an ordinary resolution ratifying and confirming the company's 10-per-cent rolling equity incentive plan, including setting aside, allotting and reserving 10 per cent of the company's outstanding common shares from time to time for issuance pursuant to the exercise of awards granted thereunder (the full text of which is set out in the circular).

A total of 24,883,338 common shares, representing approximately 50.65 per cent of the company's issued and outstanding common shares as of the record date, were voted in connection with the meeting, and the foregoing matters were approved by 100 per cent of the votes cast thereon.

About Bulgold Inc.

Bulgold is a gold exploration company focused on the exploration and development of mineral exploration projects in Central and Eastern Europe. The company controls 100 per cent of three quality quartz-adularia epithermal gold projects located in the Bulgarian and Slovak portions of the western Tethyan belt: the Lutila gold project, the Kostilkovo gold project and the Kutel gold project. Management of the company believes that its assets show potential for high-grade, good-metallurgy, low-sulphidation epithermal gold mineralization.

On April 30, 2026, Bulgold's issued and outstanding shares were 72,626,013, of which approximately 20.11 per cent were held by founders, directors and management. Additional information about the company is available on Bulgold's website and on SEDAR+.

We seek Safe Harbor.