New Risk • Aug 19
New major risk - Revenue and earnings growth Earnings have declined by 3.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.87m market cap, or US$7.14m). Announcement • Jun 24
Bullion Gold Discoveries Corp. Elects Mylène Vallières, Eliane Grant, Jérémi Fournier and Simon Britt as Directors Bullion Gold Discoveries Corp. at its Annual General Meeting of Shareholders held on June 22, 2026, elected Mylène Vallières, Eliane Grant, Jérémi Fournier and Simon Britt as directors. Announcement • Jun 18
Bullion Gold Discoveries Corp. announced that it has received CAD 2 million in funding On June 17, 2026, Bullion Gold Discoveries Corp. closed the non-brokered private placement. The company issued 22,222,222 units at an issue price of CAD 0.09 for gross proceeds of CAD 1,999,999.98. Certain directors and officers of the company purchased, directly and indirectly, 427,778 units for aggregate consideration of CAD 38,500.02. The offering was oversubscribed and increased from the originally announced maximum size of CAD 1,500,000 due to strong investor demand. In connection with the offering, the company paid cash finder’s fees of CAD 71,431 and issued 793,680 finder’s warrants to eligible arm’s-length parties in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Each finder’s warrant is exercisable to acquire one common share of the company at a price of CAD 0.15 per share for a period of 18 months from the closing date. All securities issued pursuant to the offering are subject to a statutory hold period expiring four months and one day from the closing date, in accordance with applicable securities legislation. The offering remains subject to final acceptance of the TSX Venture Exchange. 
