Bolt Metals Closes $600,000 Non-Brokered Private Placement
BOLT METALS CLOSES $600,000 NON-BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia – October 10, 2025 – Bolt Metals Corp. (“Bolt” or
the “Company”) (TSXV: BOLT) (OTCQB: PCRCF) (FSE: A3D8AK), is pleased to announce
that, further to its press release disseminated on September 29, 2025, it has closed its previously
announced non-brokered private placement (the “Offering”) of common shares.
Under the Offering, the Company issued an aggregate of 46,184,614 common shares at a price
of $0.013 per share for gross proceeds of $600,399.98. The securities issued under the Offering
are subject to a statutory hold period of four (4) months and one (1) day from the date of issuance
and to applicable resale restrictions under Canadian securities laws and the policies of the
Canadian Securities Exchange (the “CSE”). The Company intends to use the net proceeds of the
Offering for general working capital purposes.
No finder’s fees were paid in connection with the Offering. Insider participation was not anticipated
and did not occur. The proceeds from the Offering will be used for general working capital.
About Bolt Metals Corp.
Bolt Metals Corp. is a North American mineral acquisition and exploration company focused on
the development of quality precious and base metal properties that are drill-ready with high-upside
and expansion potential. Bolt trades on the CSE Exchange under the symbol BOLT , the OTCQB
Exchange under the symbol PCRFC and in Germany under the WKN A3D8AK.
Bolt Metals Corp.
Zachary Kotowych – CEO and Director
604-922-8272
Reader Advisory
This news release contains statements that constitute “forward-looking information” within the
meaning of applicable Canadian securities laws. The words “may”, “could”, “will”, “intend”, “plan”,
“anticipate”, “believe”, “estimate”, “expect”, and similar ex pressions are intended to identify
forward-looking information. Forward-looking information in this news release includes, but is not
limited to, statements regarding the intended use of proceeds from the Offering, the Company’s
exploration and development plans, future business objectives, and potential opportunities related
to its mineral projects. Forward-looking information is based on a number of assumptions that
management believes to be reasonable at the time such statements are made, including
assumptions regarding market conditions, commodity prices, exploration results, and the
Company’s ability to achieve its business and financing objectives. Forward-looking information
is subject to known and unknown risks, uncertainties, and other factors that may cause actual
results to differ materially from those expressed or implied by such forward-looking information.
Such risks include, but are not limited to, general business, economic, competitive, political, and
social uncertainties; market volatility; exploration and development risks; regulatory risks; and
other risks described in the Company’s public filings available under its profile on SEDAR+.
Readers are cautioned not to place undue reliance on forward-looking information. Except as
required by applicable securities laws, the Company undertakes no obligation to update or revise
any forward-looking information, whether as a result of new informa tion, future events, or
otherwise.
The Canadian Securities Exchange has not approved or disapproved this news release.