Bullion River Gold Corp.
Bullion River Gold Corp. Announces Completion of $4,800,000.00 Financing
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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Bullion River Gold Corp. Announces Completion of $4,800,000.00 Financing
RENO, NEVADA, March 22, 2005. Bullion River Gold Corp.
(OTCBB:BLRV)(FRANKFURT:BVM) today announced the closing of a $4,800,000.00
non-brokered Private Placement. The Company issued 6,400,000 Units at a price
of $0.75 per Unit. Each Unit consists of one share of common stock and a
warrant to purchase an additional share of common stock at a price of $1.00.
The warrants have a term of 36 months. The Company intends to file a
registration statement with the SEC with respect to the common stock and
warrants sold in this and the previously announced financing. The securities
will be freely tradable once the SEC declares the registration effective.
Peter M. Kuhn, President of Bullion River Gold Corp. states: “Our goal to
raise sufficient funds for the development of our properties, and in
particular for the French Gulch, has been more than fulfilled. This financing
will bring us to the production decision point at the French Gulch and beyond.
Our objective to find many investors in different locations in the Americas
and Europe and to create a diverse and sophisticated shareholder base has been
accomplished.”
About Bullion River Gold Corp.: Bullion River Gold Corp. is an American based
mineral exploration company focusing on regions containing gold-silver
deposits predominantly located in the Western United States. The company
presently has seven properties of which five are located in Nevada. Three of
these properties are considered advanced projects and two are considered
grassroots projects. The two remaining properties are in California. Both of
these properties are past producers.
For more information, contact Leann Pinguelo, Investor Relations at Bullion
River Gold Corp. at (800) 540-BLRV (2578) or at leann@bullionriver.com or
visit the Company’s website at http://www.bullionriver.com or the U.S.
Securities & Exchange Commission’s website at http://www.sec.gov/ to review
Bullion River’s latest filings.
For further information please contact:
Bullion River Gold Corp.
Peter M. Kuhn
President
1325 Airmotive Way, Suite 325
Reno, NV 89502
USA
Tel. 001-775-324-4881
Fax 001-775-324-7893
info@bullionrivergold.com
best regards
AXINO News Team
………………………………..
AXINO AG
Silberburgstraße 112
70176 Stuttgart
Tel 0711-25 35 92-30
Fax 0711-25 35 92-33
info@axino.de
http://www.axino.de
end of message, (c)DGAP 23.03.2005
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WKN: A0B931; ISIN: US1202551040; Index:
Listed: Freiverkehr in Frankfurt
231400 Mär 05
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