Bold Ventures Announces Non-Brokered Private Placement

Toronto, Ontario, May 13, 2021 – Bold Ventures Inc. (BOL: TSX.V) (the “Company” or “Bold”) is pleased to announce a non-brokered private placement offering of up to 3,750,000 working capital units (the “WC Units”) of the Company at a price of $0.08 per WC Unit for up to $300,000 (the “Offering”).

 

Each WC Unit comprises one (1) common share of the Company priced at $0.08 and one-half (0.5) of a common share purchase warrant with each full warrant (a “WC Warrant”) entitling the holder to acquire one (1) common share at a price of $0.15 until two (2) years following the Closing of the Offering. The proceeds from the Offering will be used for general working capital, property acquisition, exploration and expenses of the offering.

 

In connection with the WC Offering, the Company may pay a finder’s fee to qualified finders in consideration for their assistance with the Offering. The finder’s fees may be payable in cash and securities of Bold at the discretion of the Company and in accordance with the rules of the TSXV.

 

All securities to be issued pursuant to the Offering are subject to a statutory four-month and one day hold period and regulatory approval. Please visit the Bold website at www.boldventuresinc.com and see our recent news and project information.

 

For additional information contact 416-864-1456 or email: info@boldventuresinc.com.

 

About Bold Ventures Inc.

 

The Company explores for Gold and Base metals in Canada. Bold is exploring properties located within active gold camps of Northern Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring Of Fire region, located in the James Bay Lowlands of Northern Ontario.

 

For additional information about Bold Ventures and our projects please visit www.boldventuresinc.com or contact Bold Ventures Inc. at 416-864-1456.