Bold Ventures Provides Update

Bold Ventures Provides Update

Toronto, Ontario--(Newsfile Corp. - June 14, 2019) -

Bold Ventures Inc. (TSXV:

BOL

) (the "

Company

" or "

Bold

") provides the

following update. The Company has reached agreement with the Wilcorp Gold Project vendor to extend the current due date of a

$6,000 cash payment to September 30, 2019. The annual anniversary payment of $8,000 is due on June 1, 2020. The company

has not proceeded with the $20,000 optional payment to maintain the Stover claims option and will let the option lapse.

The Company is pleased to report that it has completed the Lac des Mille Lacs Compilation Study commissioned by the Lac

des Mille Lacs First Nation (See Bold news release dated January 14, 2019). Management is confident that the data-base

created by this project will be instrumental in support of resource development within the Area of Interest it encompasses.

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.

Not for distribution to U.S. Newswire Services or for dissemination in the United States

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/45621