Bullion River Gold Corp. Announces Completion of $4,800,000.00 Financing.RENO, Nev. -- Bullion BULLION. In its usual acceptation, is uncoined gold or silver, in bars, plates, or other masses. 1 East, P. C. 188. 2. In the acts of Congress, the term is also applied to copper properly manufactured for the purpose of being coined into money. River Gold Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLRV)(FRANKFURT:BVM BVM abbr. Blessed Virgin Mary ) 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 Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . 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 Grassroots Projects is a Dutch international charity organisation that helps the oppressed poor. Grassroots Projects started in July 2005 when several social globalists wanted an alternative to the current international charity work. . The two remaining properties are in California. Both of these properties are past producers. For more information, contact Leann Pinguelo, Investor Relations Investor relations The process by which the corporation communicates with its investors. at Bullion River Gold Corp. at (800) 540-BLRV (2578) or at leann@bullionriver.com or visit the Company's website at www.bullionriver.com or the U.S. Securities & Exchange Commission's website at www.sec.gov/ to review Bullion River's latest filings. This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995) including statements regarding SEC approval and the sufficiency of the funds raised. Any such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Bullion River Gold Corp. may have little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Bullion River Gold Corp. expressly disclaims any obligation to update the statements contained in this release. Bullion River Gold Corp. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :BLRV) (FRANKFURT:BVM) |
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