Mr. Bruce MacLachlan reports

BOLD VENTURES CLOSES $378,000 NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

Bold Ventures Inc. has closed a non-brokered private placement offering of the company for 4.2 million flow-through (FT) units at a price of nine cents per FT unit. The offering was fully subscribed for gross proceeds of $378,000.

The company paid a cash finder's fee of $30,240 to an eligible finder and issued 336,000 compensation warrants to two eligible finders. Each compensation warrant entitles the holder to acquire one common share of the company at nine cents until Dec. 10, 2027.

The securities issued are subject to a hold period expiring on April 11, 2026.

The offering

Each FT unit comprises one common share of the company, priced at nine cents, and one-half of a common share purchase warrant. One full common share purchase warrant and 12 cents will acquire an additional common share until Dec. 10, 2027. The gross proceeds from the FT offering will be used for Canadian exploration expenses (within the meaning of the Income Tax Act (Canada)), which qualify as a flow-through critical mineral mining expenditure for purposes of the tax act related to the exploration program of the company to be conducted on the company's properties located in Ontario and Quebec, with $270,000 allocated to the company's properties in Ontario and $108,000 allocated to the company's property in Quebec. The company will renounce such Canadian exploration expenses with an effective date of no later than Dec. 31, 2025.

Bold Ventures management believes its suite of battery, critical and precious metals exploration projects is an ideal combination of exploration potential meeting future demand. The company's target commodities comprise: copper (Cu), nickel (Ni), lead (Pb), zinc (Zn), gold (Au), silver (Ag), platinum (Pt), palladium (Pd) and chromium (Cr). The critical metals list and a description of the provincial and federal electrification plans are posted on the Bold critical and battery minerals page.

About Bold Ventures Inc.

The company explores for precious, battery and critical metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multimetals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

We seek Safe Harbor.