Bold Ventures announces Share Consolidation
BOL.V Bay Adelaide Centre-East Tower Tel: 416 864 1456
22 Adelaide Street West, Suite 3600 Fax: 416 865 6636
Toronto, Ontario, M5H 4E3
boldventuresinc.com
NEWS RELEASE - For Immediate Release
Bold Ventures announces Share Consolidation
Toronto, Ontario, February 3, 2020 – Bold Ventures Inc. (BOL: TSX.V)
(the “Company” or “Bold”) wishes to announce that, further to the
Company’s Press Release issued January 31, 2020, commencing at the
open of the market on Tuesday, February 4, 2020, the common shares of
the Company will trade on a post-consolidation basis on the TSX Venture
Exchange on the basis of one (1) post-consolidation common share for
each five (5) pre-consolidation common shares. Registered shareholders
will receive a letter of transmittal to exchange their original common
shares for post-consolidation common shares. Beneficial shareholders
will have their accounts automatically adjusted. All fractions of post-
consolidation common shares will be rounded down to the next lowest
whole number and such fractional shares will be cancelled.
The new CUSIP number for the Company’s common shares on a post-
consolidation basis is 09752Q202. The name and trading symbol remain
unchanged.
About Bold Ventures Inc.
The Company explores for Base and Precious metals in Canada. Bold has options
to earn a 100% interest in the Farwell Gold Base Metals project located approx.
55km northwest of Wawa, Ontario and the Wilcorp Gold Project located 14 km
east northeast of Atikokan, Ontario. Bold and its subsidiary Rencore Resources
Ltd. have extensive holdings comprised of over 15 claim groups in and around the
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BOL.V Bay Adelaide Centre-East Tower Tel: 416 864 1456
22 Adelaide Street West, Suite 3600 Fax: 416 865 6636
Toronto, Ontario, M5H 4E3
boldventuresinc.com
Ring of Fire area of the James Bay Lowlands. The Company has also earned a
10% carried interest in all chromite resources and a 40% working interest in all
other metals at the Koper Lake Project and has the option to earn an additional
10% carried interest in chromite and 40% of all other metals. The Koper Lake
Project is located within the Ring of Fire and directly adjacent to the Eagles Nest
nickel-copper massive sulphide deposit currently in the permitting stage.
For additional information about Bold Ventures and our projects please visit
www.boldventuresinc.com or contact Bold Ventures Inc. at 416-864-1456.
“David B Graham”
David Graham
President and CEO
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.