Toronto, September 30, 2025 (Globe Newswire) – Bulgold Inc. (TSXV: ZLTO) (“Company” or “Balgold”) announces that the company provided options for shares (“Parameters“) Today to purchase up to 2,160,000 ordinary shares of the company (” The “General actions”) For prematurely persons, among those settled opposite their names, valid for five (5) years from the date of the initial grant in the amount of execution in the amount of $ 0.15 for the total promotion. The options will be provided with the following schedule: (I) one third immediately after the grant, (II) a third after one (1) year after the initial grant and (III) after two years (II) after the initial (II) after the initial (II) after the initial (II) after the initial (II) after the initial Grant and (III) in two years (II).
| Michael Barnes | Director | 150 000 |
| Lori Marsland | Director | 150 000 |
| Colin Jones | Director | 150 000 |
| Vanessa Cook | Director | 150 000 |
| Jim Combi | Control | 150 000 |
| Sean Hasson | Control | 700,000 |
| Jeff Penenok | Control | 300,000 |
| Demetrios Konstantinida | Control | 150 000 |
| Danko Zhelev | Control | 150 000 |
| Joseph Hoodermarki | Consultant | 40,000 |
| Matias Knaak | Consultant | 40,000 |
| Sofia Toteva | Consultant | 30,000 |
| General grant | 2160 000 |
Variants of shares were provided to directors, officials, employees and consultants of the company in accordance with the terms of the company's options plan and are subject to approval by regulatory authorities.
About Bulgold Inc.
Bulgold is a gold exploration company, focused on reconnaissance and development of mineral exploration projects in Central and Eastern Europe. The company controls a 100% of three high -quality quarterly epitermal gold projects located in the Bulgarian and Slavak parts of the Western Tetian belt: the Lutila Gold project, the Gold Kostilkovo project and the Kutel Gold project. The management of the company believes that its assets demonstrate the potential for high -class, good metallurgy, low -soil -solephiding epitermal mineralization of gold.
On August 31, 2025, the Bulgold shares issued and circulated amounted to 49 132 335, of which about 28.3% were withheld by founders, directors and leadership.
Additional information about the company is available on the web site Bulgold (www.bulgold.comand on the conscious (www.Sedarplus.ca)
Neither TSX Venture Exchange, nor its provider of regulation services (how this term is determined in the TSX Venture Exchange policy) is responsible for the adequacy or accuracy of this issue.
A warning statement regarding promising information
This press release contains statements aimed at the perspective and information about the directed future in the meaning of applicable laws on securities. These statements are related to future events or future results and include statements regarding the intelligence plans of the company and their time. All statements, except for statements of a historical fact, may be sent applications or information. Applications and information aimed at the fact that they are based on certain key expectations and assumptions made by the company's management. Although the company's management believes that the expectations and assumptions on which such forecast statements and information are based are reasonable cannot be installed on statements and information that they cannot be proved that they will be correct.
Advanced statements and information are provided in order to provide information about current expectations and plans to manage the company regarding the future. Readers warn that dependence on such statements and information may not be suitable for other purposes, such as making investment decisions. Since the promising statements and information expresses, future events and conditions are considered, in their very nature they are associated with inherent risks and uncertainty. The actual results can differ significantly from those that are currently expected from a number of factors and risks, including the indefinite uncertainty of the study of minerals; risks associated with the name of mineral properties; and a loan, market, currency, operational, goods, geopolitical, liquidity and financing in general, including changes in economic conditions, interest rates or tax rates, as well as general market and economic conditions. Accordingly, readers should not give unjustified dependence on applications about the direction of forward and the information contained in this press release. Readers warn that the previous list of factors is not exhaustive. Applications and information about the direction of forward and the information contained in this press are made at the date of this Agreement, and no enterprises were given for public updating or revising any statements or information about whether it is as a result of new information, future events or others, if this is not required in accordance with applicable laws on securities. Applications and information contained in this press release are clearly qualified in this warning statement.
To obtain additional information, please contact:
Bulgold Inc.
Sean Hasson, President and Chief Executive Director
Phone: +359 2 989 2361
E-mail: [email protected]
Web site: www.bulgold.com
