Mr. Ranjeet Sundher reports

BOLT METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Bolt Metals Corp. intends to complete a non-brokered private placement of up to 714,286 units at 35 cents per unit for gross proceeds of up to $250,000. Each unit is composed of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one common share at 50 cents for two years from the date of issuance. In connection with the offering, the company may pay finders' fees to qualified non-related parties, in accordance with the policies of the Canadian Securities Exchange, being 7-per-cent cash commission on total proceeds raised by the finder. The company intends to use the net proceeds from the offering for general working capital purposes. All securities issued under the offering, including securities issuable on exercise thereof, will be subject to a hold period expiring four months and one day after issuance, in accordance with the rules and policies of the exchange and applicable Canadian securities laws, except for those issued to investors in foreign jurisdictions.

About Bolt Metals Corp.

Bolt Metals is a Canadian-based exploration company focused on the acquisition and development of production-grade nickel and cobalt deposits, key raw material inputs for the growing lithium-ion-battery industry.

We seek Safe Harbor.