Bold Ventures Announces Further Increase of Non-brokered Private Placement
Bold Ventures Announces Further Increase of
Non-brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - June 5, 2025) - Bold Ventures Inc.
(TSXV: BOL)
(the "
Company
" or
"
Bold
") is pleased to announce that the offering of its non-brokered private placement first announced
on
April 11th
and increased on May 26, 2025, will be increased by a further $19,000 of Flow Through
units (the "
FT Units
"). The Company is offering up to 9,000,000 working capital units (the "
WC Units
")
at a price of $0.05 per WC Unit for up to $450,000, and up to 10,316,666 FT Units at a price of $0.06
per FT Unit for up to $619,000, both of which constitute the "
Offering
."
The Offering will remain open until the earlier of the sale of the remaining WC Units and FT Units and
June 23, 2025.
The Offering
Each WC Unit comprises one (1) common share of the Company priced at $0.05 and one full common
share purchase warrant (a "
WC Warrant
") entitling the holder to acquire one (1) common share at a
price of $0.06 until two years (24 months) following the closing of the Offering. The proceeds from the
WC Units will be used for general working capital, property maintenance, exploration and expenses of
the offering.
Each FT Unit comprises one common share of the Company priced at $0.06 and one half (1/2) of a
common share purchase warrant. One full common share purchase warrant (a
"FT Warrant"
) and $0.08
will acquire an additional common share until eighteen (18) months following the closing of the Offering.
The proceeds from the sale of the FT Units will be used for exploration work that qualifies for Canadian
Exploration Expenses (CEE).
Bold Ventures management believes our suite of Battery, Critical and Precious Metals
exploration projects are an ideal combination of exploration potential meeting future demand
.
Our target commodities are comprised of: 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
here
.
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 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
boldventuresinc.com
or
contact us at 416-864-1456 or email us at
.
"Bruce A MacLachlan"
Bruce MacLachlan
President and COO
"David B Graham"
David Graham
CEO
Direct line: (705) 266-0847
Email:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-
looking statements that involve risks and uncertainties, which may cause actual results to differ
materially from the statements made. When used in this document, the words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are
intended to identify forward-looking statements. Such statements reflect our current views with respect
to future events and are subject to such risks and uncertainties. Many factors could cause our actual
results to differ materially from the statements made, including those factors discussed in filings made
by us with the Canadian securities regulatory authorities. Should one or more of these risks and
uncertainties, such actual results of current exploration programs, the general risks associated with
the mining industry, the price of gold and other metals, currency and interest rate fluctuations,
increased competition and general economic and market factors, occur or should assumptions
underlying the forward looking statements prove incorrect, actual results may vary materially from
those described herein as intended, planned, anticipated, or expected. We do not intend and do not
assume any obligation to update these forward-looking statements, except as required by law.
Shareholders are cautioned not to put undue reliance on such forward-looking statements.
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