Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today provided a corporate update, including a planned name change, capital consolidation as well as the strengthening of its board of directors and management team. According to the update, the company intends to change its corporate name to Augusta Gold Corp., a consolidation of its capital on the basis of one (1) new share for every six (6) old shares held and a change to its trading symbol to “G” on the Canadian Stock Exchange (“CSE”). “The name change reflects the changes in the management and leadership of the company and underscores our focus on building a long-term business that delivers stakeholder value,” said president and CEO Maryse Belanger. “By strengthening the board and management we now have in place the team with the industry expertise that will be key to delivering on our strategy, which includes the goal of building one of the next operating mines in Nevada and undertaking a significant exploration drill program on our under-explored land package located in the prolific Bullfrog district.”
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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 four 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, visit www.BullfrogGold.com.
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