Bullfrog Confirms Date of Name Change and Share Consolidatio All the pieces being put into place. Buy and Hold. This will take off once things really get going...
Bullfrog Confirms Date of Name Change and Share Consolidation; Further Strengthens Its Board
VANCOUVER, BC, Jan. 20, 2021
VANCOUVER, BC, Jan. 20, 2021 /CNW/ - Bullfrog Gold Corp. (OTCQB: BFG) (CSE: BFG) (FSE: 11B) ("Bullfrog" or the "Company") today confirms that its shares will begin trading under the name "Augusta Gold Corp.," on a post-consolidated basis of one (1) new share for every six (6) old shares at open of market on January 25, 2021 (the trading day immediately preceding the effective date). The Company's trading symbol on the Canadian Securities Exchange will be changed to "G".
Bullfrog Gold Corp. Logo (CNW Group/Bullfrog Gold Corp.)
Mr. Len Boggio has also been appointed to the Company's Board of Directors effective immediately.
Maryse Belanger, President and CEO commented: "I am pleased that Len has agreed to join our Board, he is a very seasoned finance professional with extensive experience at the board level. His experience in financial reporting and auditing, public finance offerings and mergers and acquisitions will be beneficial to all shareholders as we advance the Bullfrog Gold project in Nevada."
Mr. Boggio was formerly a partner of PricewaterhouseCoopers LLP (PwC) where he served for more than 30 years until his retirement in May 2012. During that time, he was Leader of the B.C. Mining Group of PwC, a senior member of PwC's Global Mining Industry Practice and an auditor of Canadian, U.S. U.K. and other internationally-listed mineral resource and energy clients. Mr. Boggio is a Fellow of the Chartered Professional Accountants of Canada (FCPA, FCA) and has served as president of the British Columbia Institute of Chartered Accountants and chairman of the Canadian Institute of Chartered Accountants.
Additional information on the share consolidation can be found in the Company's news release dated January 7, 2021 and in the definitive information statement filed by the Company with the U.S. Securities and Exchange Commission and on SEDAR. Stockholders who have existing stock certificates will receive written instructions by mail from the Company's transfer agent. Stockholders who hold their shares in brokerage accounts are not required to take any action to affect the exchange of their shares.
About Bullfrog Gold Corp.
Bullfrog Gold is a rapidly growing exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Bullfrog Gold Project and pursing accretive M&A opportunities. The Bullfrog Gold Project is located in the prolific Bullfrog district approximately 120 miles north-west of Las Vegas, Nevada and 4 miles west of Beatty, Nevada. The Company controls 6,750 acres of mineral rights including the Bullfrog and Montgomery-Shoshone deposits and has further identified significant additional mineralization around the existing pits and defined several exploration targets that could further enhance the Project. The Company is led by a management team and board of directors with a proven track record of success in financing and developing mining assets and delivering shareholder value. For more information please visit www.bullfroggold.com.