Mr. Bruce MacLachlan reports
BOLD VENTURES CLOSES $200,000 NON-BROKERED PRIVATE PLACEMENT
Bold Ventures Inc. has closed a non-brokered private placement offering for gross proceeds of $200,000, through the placement of 2.5 million working capital (WC) units of the company at a price of eight cents per WC unit.
The company paid a cash finder's fee of $11,200 and issued 140,000 compensation warrants to one eligible finder. Each compensation warrant entitles the holder to acquire one common share at a price of 12 cents until Jan. 21, 2029.
All the securities issued pursuant to the offering are subject to a hold period expiring on May 22, 2026.
The offering
Each WC unit comprises one common share of the company priced at eight cents and one common share purchase warrant entitling the holder to acquire one common share at a price of 12 cents until Jan. 21, 2029. The proceeds from the offering will be used for general working capital, property maintenance, exploration and expenses of the offering.
Bold Ventures management believes the company's suite of battery, critical and precious metals exploration projects are 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 website.
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.
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