Bold Ventures Closes $378,000 Non-Brokered Flow-Through Private Placement
Bold Ventures Closes $378,000 Non-Brokered
Flow-Through Private Placement
Toronto, Ontario--(Newsfile Corp. - December 11, 2025) - Bold Ventures Inc.
(TSXV: BOL)
(the
"
Company
" or "
Bold
") is pleased to announce the closing of a non-brokered private placement offering
of the Company for 4,200,000 Flow Through Units (the "
FT Units
") at a price of $0.09 per FT Unit (the
"
FT
Offering
"). The Offering was fully subscribed for gross proceeds of $378,000.
The Company paid a cash finder's fee of $30,240 to an eligible finder, and issued 336,000
compensation warrants (the "
Compensation Warrants
") to two eligible finders. Each Compensation
Warrant entitles the holder to acquire one common share of the Company at $0.09 until December 10,
2027.
The securities issued are subject to a hold period expiring on April 11, 2026.
The Offering
Each FT Unit comprises one common share of the Company priced at $0.09 and one half (1/2) of a
common share purchase warrant. One full common share purchase warrant (a
"Warrant"
) and $0.12 will
acquire an additional common share until December 10, 2027. The gross proceeds from the FT Offering
will be used for Canadian Exploration Expenses (within the meaning of the Income Tax Act (Canada)
(the "
Tax Act
")) which qualify as a "flow-through critical mineral mining expenditure" for purposes of the
Tax Act related to the exploration program of the Company to be conducted on the Company's
properties located in Ontario and Quebec, with $270,000 allocated to the Company's properties in
Ontario and $108,000 allocated to the Company's property in Quebec. The Company will renounce such
Canadian Exploration Expenses with an effective date of no later than December 31, 2025.
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
Critical and
Battery Minerals page
.
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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