Mr. Bruce MacLachlan reports

BOLD VENTURES ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Bold Ventures Inc. has arranged a non-brokered private placement offering of up to six million working capital units of the company at a price of eight cents per working capital unit for up to $480,000 and up to 6.5 million flow-through units at a price of nine cents per flow-through unit for up to $585,000, both of which constitute the offering.

The offering

Each working capital unit comprises one common share of the company priced at eight cents and one full common share purchase warrant entitling the holder to acquire one common share at a price of 12 cents until three years (36 months) following the closing of the offering. The proceeds from the working capital units will be used for general working capital, property maintenance, exploration and expenses of the offering.

Each flow-through 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 24 months following the closing of the offering. The proceeds from the sale of the flow-through units will be used for exploration work that qualifies for Canadian exploration expenses (CEE).

In connection with the offering, the company may pay finders' fees to qualified finders in consideration for their assistance with the offering. The finders' fees may be payable in cash and/or securities of Bold at the discretion of the company and in accordance with the rules of the TSX Venture Exchange.

All securities to be issued pursuant to the offering are subject to a statutory four-month-and-one-day hold period and regulatory approval.

Bold Ventures management believes its 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, nickel, lead, zinc, gold, silver, platinum, palladium and chromium. 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.