Bonanza Goldfields Corp. announced that it expects to receive $20 million in funding from Williamsburg Venture Holdings, LLC

Bonanza Goldfields Corp. announced that it has entered into security purchase agreement for the issuance of common shares for total gross proceeds of $20 million on April 1, 2022. The transaction will include participation from Williamsburg Venture Holdings , LLC.

The issue price for the common shares will be equal to 88% the lowest traded price.