Bullion River Gold Corp.
OTC Bulletin Board : BLRV

Bullion River Gold Corp.

May 19, 2008 08:00 ET

Bullion River Gold Corp. Receives $2.94 Million

RENO, NEVADA--(Marketwire - May 19, 2008) - Bullion River Gold Corp. (OTCBB:BLRV) announced today receipt of $2,120,000.00 proceeds from a private placement of common stock with Banque Pasche (Liechtenstein) S.A. and $250,000.00 from the proceeds of a private placement of common stock with an existing shareholder.

Bullion River Gold further announced the receipt of $570,000 cash from the exercise of warrants by Banque Pasche (Liechtenstein) S.A. Bullion River Gold C.E.O. Tim Callaway said, "We believe the recent private placement and warrant exercise by two significant shareholders is a strong sign of their confidence in, and commitment to, Bullion River's projects and management team." Callaway went on to say, "Our clear priority is to complete the necessary exploration and development of the French Gulch Mine with a goal of achieving positive cash flows as soon as possible."

About Bullion River Gold Corp.:

Bullion River Gold Corp. is an American based mining company with six gold and silver properties located in the Western United States including Wenban Springs located in the prolific Cortez Trend in Nevada.

For more information 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 of 1995). Any such forward-looking statements 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. has 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.

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