{"success":true,"data":{"pressRelease":{"id":"26950","rtpr_id":"nACSC0FhVa","ticker":"ZLTO","exchange":"","all_tickers":["ZLTO"],"title":"BULGOLD Adopts Semi-Annual Financial Reporting","author":"ACCESSWIRE","published_at":"2026-05-07T21:15:00.846Z","article_body":"TORONTO, ON / ACCESS Newswire (https://www.accessnewswire.com/) / May 7, 2026\n/ BULGOLD Inc. (TSXV:ZLTO) (the \"Company\" or \"BULGOLD\") is pleased to announce\nits intention to adopt the policies outlined in the semi-annual financial\nreporting pilot program (the \"SAR Pilot Program\") utilizing the exemptions\nprovided under Coordinated Blanket Order 51-933 Exemptions to Permit\nSemi-Annual Reporting for Certain Venture Issuers (the \"Blanket Order\"). This\nnews release is being filed pursuant to the Blanket Order.\n\nThe Blanket Order allows eligible venture issuers to voluntarily move from\nquarterly to semi-annual financial reporting. By adopting the SAR Pilot\nProgram, the Company aims to reduce the administrative and financial burden\nassociated with quarterly reporting.\n\nThe Company's fiscal year ends on December 31. Under the SAR Pilot Program,\nthe company will be exempt from filing interim financial reports and related\nManagement's Discussion & Analysis (\"MD&A\") for its first and third quarters.\n*\nInterim Period: The Company will not file interim financial statements and\nMD&A for the three-month period ending March 31, 2026, being the initial\ninterim period for which the Company does not intend to file an interim\nfinancial report and related MD&A in reliance on the Blanket Order, and\nnine-month period ending September 30, 2026; and\n*\nOngoing Reporting: The Company will continue to file audited annual financial\nstatements and MD&A (due within 120 days of December 31) and six-month interim\nfinancial statements and MD&A (due within 60 days of June 30).\n\nThe Company confirms it meets the pilot program's eligibility criteria, which\ninclude being a venture issuer with annual revenues of less than $10 million,\nhaving been a reporting issuer for at least 12 months and having filed all\nrequired periodic and timely continuous disclosure documents, with a clean\ncontinuous disclosure record during the preceding 12 months.\n\nThe Company remains committed to timely disclosure and will continue to report\nall material changes and significant developments as required under National\nInstrument 51-102 Continuous Disclosure Obligations and the policies of the\nTSXV.\n\nThe Company remains committed to timely disclosure and will continue to report\nall material changes and significant developments as required under National\nInstrument 51-102 Continuous Disclosure Obligations and the policies of the\nTSXV.\n\nAbout BULGOLD Inc.\n\nBULGOLD is a gold exploration company focused on the exploration and\ndevelopment of mineral exploration projects in Central and Eastern Europe. The\nCompany controls 100% of three quality quartz-adularia epithermal gold\nprojects located in the Bulgarian and Slovak portions of the Western Tethyan\nBelt: the Lutila Gold Project, the Kostilkovo Gold Project and the Kutel Gold\nProject. Management of the Company believes that its assets show potential for\nhigh-grade, good-metallurgy, low-sulfidation epithermal gold mineralisation.\nOn April 30, 2026, BULGOLD's issued and outstanding shares were 72,626,013 of\nwhich approximately 20.11% were held by Founders, Directors and Management.\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nCautionary Statement Regarding Forward-Looking Information\n\nThis press release contains forward‐looking statements and forward‐looking\ninformation within the meaning of applicable securities laws. These statements\nrelate to future events or future performance and include statements regarding\nthe exploration plans of the Company and the timing thereof. All statements\nother than statements of historical fact may be forward‐looking statements\nor information. The forward‐looking statements and information are based on\ncertain key expectations and assumptions made by management of the Company.\nAlthough management of the Company believes that the expectations and\nassumptions on which such forward-looking statements and information are based\nare reasonable, undue reliance should not be placed on the forward‐looking\nstatements and information since no assurance can be given that they will\nprove to be correct.\n\nForward-looking statements and information are provided for the purpose of\nproviding information about the current expectations and plans of management\nof the Company relating to the future. Readers are cautioned that reliance on\nsuch statements and information may not be appropriate for other purposes,\nsuch as making investment decisions. Since forward‐looking statements and\ninformation address future events and conditions, by their very nature they\ninvolve inherent risks and uncertainties. Actual results could differ\nmaterially from those currently anticipated due to a number of factors and\nrisks, including the inherent uncertainty of mineral exploration; risks\nrelated to title to mineral properties; and credit, market, currency,\noperational, commodity, geopolitical, liquidity and funding risks generally,\nincluding changes in economic conditions, interest rates or tax rates and\ngeneral market and economic conditions. Accordingly, readers should not place\nundue reliance on the forward‐looking statements and information contained\nin this press release. Readers are cautioned that the foregoing list of\nfactors is not exhaustive. The forward‐looking statements and information\ncontained in this press release are made as of the date hereof and no\nundertaking is given to update publicly or revise any forward‐looking\nstatements or information, whether as a result of new information, future\nevents or otherwise, unless so required by applicable securities laws. The\nforward-looking statements and information contained in this press release are\nexpressly qualified by this cautionary statement.\n\nFor further information, please contact:\n\nBULGOLD Inc.\nSean Hasson, President and Chief Executive Officer\nTelephone: +359 2 989 2361\nEmail: information@BULGOLD.com\nWebsite: www.BULGOLD.com\n\nSOURCE: BULGOLD Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/metals-and-mining/bulgold-adopts-semi-annual-financial-reporting-1165084)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSC0FhVa","title":"BULGOLD Adopts Semi-Annual Financial Reporting","author":"ACCESSWIRE","ticker":"ZLTO","created":"2026-05-07T21:15:00.846Z","tickers":["ZLTO"],"exchange":"","article_body":"TORONTO, ON / ACCESS Newswire (https://www.accessnewswire.com/) / May 7, 2026\n/ BULGOLD Inc. (TSXV:ZLTO) (the \"Company\" or \"BULGOLD\") is pleased to announce\nits intention to adopt the policies outlined in the semi-annual financial\nreporting pilot program (the \"SAR Pilot Program\") utilizing the exemptions\nprovided under Coordinated Blanket Order 51-933 Exemptions to Permit\nSemi-Annual Reporting for Certain Venture Issuers (the \"Blanket Order\"). This\nnews release is being filed pursuant to the Blanket Order.\n\nThe Blanket Order allows eligible venture issuers to voluntarily move from\nquarterly to semi-annual financial reporting. By adopting the SAR Pilot\nProgram, the Company aims to reduce the administrative and financial burden\nassociated with quarterly reporting.\n\nThe Company's fiscal year ends on December 31. Under the SAR Pilot Program,\nthe company will be exempt from filing interim financial reports and related\nManagement's Discussion & Analysis (\"MD&A\") for its first and third quarters.\n*\nInterim Period: The Company will not file interim financial statements and\nMD&A for the three-month period ending March 31, 2026, being the initial\ninterim period for which the Company does not intend to file an interim\nfinancial report and related MD&A in reliance on the Blanket Order, and\nnine-month period ending September 30, 2026; and\n*\nOngoing Reporting: The Company will continue to file audited annual financial\nstatements and MD&A (due within 120 days of December 31) and six-month interim\nfinancial statements and MD&A (due within 60 days of June 30).\n\nThe Company confirms it meets the pilot program's eligibility criteria, which\ninclude being a venture issuer with annual revenues of less than $10 million,\nhaving been a reporting issuer for at least 12 months and having filed all\nrequired periodic and timely continuous disclosure documents, with a clean\ncontinuous disclosure record during the preceding 12 months.\n\nThe Company remains committed to timely disclosure and will continue to report\nall material changes and significant developments as required under National\nInstrument 51-102 Continuous Disclosure Obligations and the policies of the\nTSXV.\n\nThe Company remains committed to timely disclosure and will continue to report\nall material changes and significant developments as required under National\nInstrument 51-102 Continuous Disclosure Obligations and the policies of the\nTSXV.\n\nAbout BULGOLD Inc.\n\nBULGOLD is a gold exploration company focused on the exploration and\ndevelopment of mineral exploration projects in Central and Eastern Europe. The\nCompany controls 100% of three quality quartz-adularia epithermal gold\nprojects located in the Bulgarian and Slovak portions of the Western Tethyan\nBelt: the Lutila Gold Project, the Kostilkovo Gold Project and the Kutel Gold\nProject. Management of the Company believes that its assets show potential for\nhigh-grade, good-metallurgy, low-sulfidation epithermal gold mineralisation.\nOn April 30, 2026, BULGOLD's issued and outstanding shares were 72,626,013 of\nwhich approximately 20.11% were held by Founders, Directors and Management.\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nCautionary Statement Regarding Forward-Looking Information\n\nThis press release contains forward‐looking statements and forward‐looking\ninformation within the meaning of applicable securities laws. These statements\nrelate to future events or future performance and include statements regarding\nthe exploration plans of the Company and the timing thereof. All statements\nother than statements of historical fact may be forward‐looking statements\nor information. The forward‐looking statements and information are based on\ncertain key expectations and assumptions made by management of the Company.\nAlthough management of the Company believes that the expectations and\nassumptions on which such forward-looking statements and information are based\nare reasonable, undue reliance should not be placed on the forward‐looking\nstatements and information since no assurance can be given that they will\nprove to be correct.\n\nForward-looking statements and information are provided for the purpose of\nproviding information about the current expectations and plans of management\nof the Company relating to the future. Readers are cautioned that reliance on\nsuch statements and information may not be appropriate for other purposes,\nsuch as making investment decisions. Since forward‐looking statements and\ninformation address future events and conditions, by their very nature they\ninvolve inherent risks and uncertainties. Actual results could differ\nmaterially from those currently anticipated due to a number of factors and\nrisks, including the inherent uncertainty of mineral exploration; risks\nrelated to title to mineral properties; and credit, market, currency,\noperational, commodity, geopolitical, liquidity and funding risks generally,\nincluding changes in economic conditions, interest rates or tax rates and\ngeneral market and economic conditions. Accordingly, readers should not place\nundue reliance on the forward‐looking statements and information contained\nin this press release. Readers are cautioned that the foregoing list of\nfactors is not exhaustive. The forward‐looking statements and information\ncontained in this press release are made as of the date hereof and no\nundertaking is given to update publicly or revise any forward‐looking\nstatements or information, whether as a result of new information, future\nevents or otherwise, unless so required by applicable securities laws. The\nforward-looking statements and information contained in this press release are\nexpressly qualified by this cautionary statement.\n\nFor further information, please contact:\n\nBULGOLD Inc.\nSean Hasson, President and Chief Executive Officer\nTelephone: +359 2 989 2361\nEmail: information@BULGOLD.com\nWebsite: www.BULGOLD.com\n\nSOURCE: BULGOLD Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/metals-and-mining/bulgold-adopts-semi-annual-financial-reporting-1165084)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-05-07T21:15:00.946293634Z","server_sent_at_ms":1778188500946},"received_at":"2026-05-07T21:15:01.007Z","source_url":"https://www.accessnewswire.com/newsroom/en/metals-and-mining/bulgold-adopts-semi-annual-financial-reporting-1165084"},"analysis":{"id":"21080","press_release_id":"26950","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"BULGOLD has adopted the semi-annual financial reporting pilot program, reducing its reporting frequency from quarterly to semi-annual.\n\nThis change applies to the first and third quarter interim reports, with the company still required to file annual audited reports and six-month interim reports.\n\nThe company qualifies under the program's criteria, including having annual revenues below $10 million and a clean disclosure record.","sentiment":"neutral","agentHooks":{"shouldPost":true,"suggestedAngle":"BULGOLD adopts semi-annual reporting to reduce administrative burden while maintaining key disclosures."},"keyFigures":{"revenueThreshold":"$10 million"},"quotedText":"The Company aims to reduce the administrative and financial burden associated with quarterly reporting.","namedEntities":{"people":[],"products":[],"companies":[{"name":"BULGOLD Inc.","ticker":"ZLTO"},{"name":"TSX Venture Exchange"}],"dollarAmounts":[{"amount":"$10 million","context":"annual revenues threshold for eligibility in the SAR Pilot Program"}]},"materialImpact":{"score":2,"reasoning":"The company is changing its financial reporting frequency from quarterly to semi-annual, which is a procedural change rather than a substantive business development. This could reduce administrative costs but doesn't directly impact revenue or operations."},"tickerRelevance":{"others":[],"primary":"ZLTO"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","audienceBias":"exploration-focused mining company","eventGravity":"procedural change in financial reporting","sectorWeight":"metals & mining"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"BULGOLD has adopted the semi-annual financial reporting pilot program, reducing its reporting frequency from quarterly to semi-annual.\n\nThis change applies to the first and third quarter interim reports, with the company still required to file annual audited reports and six-month interim reports.\n\nThe company qualifies under the program's criteria, including having annual revenues below $10 million and a clean disclosure record.","key_figures":{"revenueThreshold":"$10 million"},"named_entities":{"people":[],"products":[],"companies":[{"name":"BULGOLD Inc.","ticker":"ZLTO"},{"name":"TSX Venture Exchange"}],"dollarAmounts":[{"amount":"$10 million","context":"annual revenues threshold for eligibility in the SAR Pilot Program"}]},"model_name":"Qwen/Qwen3-32B-AWQ","prompt_hash":"sha256:f66160e0fe5301b2","schema_hash":"sha256:12363694422af5d9","created_at":"2026-05-08T05:18:18.270Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"small-cap","audienceBias":"exploration-focused mining company","eventGravity":"procedural change in financial reporting","sectorWeight":"metals & mining"}},"durationMs":12356,"modelName":"glm-4.7"}}