BULGOLD Inc. Reveals First Quarter Financial Results for 2025

Author: Evelyn Baker Updated: 05-23-2025 05:15 PM

BULGOLD Inc. Files First Quarter Financial Results

TORONTO, the company BULGOLD Inc. (TSXV: ZLTO) has announced that it has submitted its unaudited condensed interim financial statements along with its Management Discussion and Analysis (MD&A) for the first quarter that ended on March 31, 2025. This report reveals that during the three-month period, the company faced a net loss of $119,150, translating to earnings of $0.00 per share. Remarkably, it had cash and cash equivalents amounting to $252,891 as of the previous year-end.

An Overview of BULGOLD Inc.

BULGOLD Inc. focuses primarily on gold exploration initiatives in Central and Eastern Europe. The company has an impressive portfolio, controlling 100% ownership of three notable quartz-adularia epithermal gold projects strategically located in the Western Tethyan Belt, which includes the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project. These projects exhibit promising potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization, according to management.

Company Shareholder Information

As of March 31, 2025, BULGOLD had a total of 27,597,928 issued and outstanding shares. Notably, approximately 40.3% of the company’s shares are held by its Founders, Directors, and Management, showing strong internal support for the company's endeavors.

Company’s Digital Resources

Additions to BULGOLD Inc.'s reach and transparency can also be found across digital platforms, including their official website and regulatory filings, which offer more detailed insights into financial performance and future plans. Stakeholders and interested parties can access further information on BULGOLD's website at www.BULGOLD.com and on SEDAR at www.sedarplus.ca.

Understanding Forward-Looking Statements

It’s important to note that forward-looking statements made during the press release indicate management’s hopes for future exploration and expected outcomes. These statements encompass a degree of risk and uncertainty in mineral exploration, with factors that may affect the results such as market conditions, operational risks, and changes in economic climates. Potential investors are encouraged to exercise caution and be aware that actual outcomes might differ significantly from those anticipated.

Contact Information for Further Inquiries

For additional information regarding BULGOLD Inc. or its operations, you can reach out to Sean Hasson, the President and Chief Executive Officer. He can be contacted via telephone at +359 2 989 2361 or through email at information@BULGOLD.com. To learn more about BULGOLD’s initiatives, please visit www.BULGOLD.com.

Frequently Asked Questions

What recent financial results did BULGOLD Inc. announce?

BULGOLD announced its unaudited financial results for the first quarter of 2025, reporting a net loss of $119,150.

What projects does BULGOLD focus on?

BULGOLD focuses on gold exploration projects, particularly in the Western Tethyan Belt with projects in Bulgaria and Slovakia.

Who are the significant shareholders of BULGOLD?

Approximately 40.3% of BULGOLD's shares are held by Founders, Directors, and Management.

Where can I find more information about BULGOLD?

Further information about BULGOLD can be accessed on their official website and SEDAR filings.

Who can I contact for further inquiries about the company?

For inquiries, Sean Hasson, the CEO, can be contacted via telephone or email provided in the release.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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