Mr. Peter Hughes reports

BHK RESOURCES ANNOUNCES FILING OF FILING STATEMENT

BHK Resources Inc. has filed a filing statement dated Aug. 28, 2014, in connection with its proposed acquisition of Dome International Global Inc., a wholly owned British Virgin Islands subsidiary of Silver Bull Resources Inc., which holds, indirectly, a 100-per-cent interest in and to the Ndjole manganese and gold project located in Gabon (as announced on Dec. 17, 2013, and May 21, 2014).

Transaction summary

Pursuant to the transaction, the company will acquire all of the issued and outstanding securities of Dome from Silver Bull in exchange for the payment of an aggregate of $1.5-million (U.S.) in cash, of which $25,000 (U.S.) has been paid as a non-refundable deposit.

Concurrent financing

Concurrently with the transaction, the company will complete a commercially reasonable-efforts brokered financing to raise up to $4-million through the sale of up to 20 million shares at a price of 20 cents per share. Canaccord Genuity Corp. has been engaged by the company to act as lead agent in relation to the financing. The agent has been granted an overallotment option to place additional shares of the company to raise up to a further $1-million.