Bold Ventures arranges financing of WC, FT units

Executive Summary

• Bold Ventures Inc. announced a non‑brokered private placement of up to $1,065,000 consisting of working capital units and flow‑through units.
• Units are priced at $0.08 (working capital) and $0.09 (flow‑through), each including common shares and purchase warrants with defined exercise prices and expiry periods.
• Proceeds will fund general working capital, property maintenance, exploration activities, and Canadian Exploration Expenses (CEE).

Key Details

• Offering Size: Up to 6 million Working Capital Units (WCUs) and up to 6.5 million Flow‑Through Units (FTUs).
• Pricing & Gross Proceeds:
• WCUs – $0.08 per unit → maximum gross proceeds of $480,000.
• FTUs – $0.09 per unit → maximum gross proceeds of $585,000.
• Unit Composition:
• Working Capital Unit: 1 common share + 1 full common‑share purchase warrant (exercise price $0.12) exercisable for up to 36 months post‑closing.
• Flow‑Through Unit: 1 common share + ½ of a common‑share purchase warrant; holder receives an additional full warrant (exercise price $0.12) exercisable for up to 24 months post‑closing.
• Use of Proceeds:
• WCUs – general working capital, property maintenance, exploration, and offering expenses.
• FTUs – exploration work qualifying for Canadian Exploration Expenses (CEE).
• Finder’s Fees: Company may pay cash and/or Bold securities to qualified finders per TSX‑V rules.
• Holding Period & Approval: All securities subject to a statutory four‑month‑and‑one‑day hold period and pending regulatory approval.
• Strategic Context: Financing supports Bold’s portfolio of battery, critical, and precious metal projects targeting copper, nickel, lead, zinc, gold, silver, platinum, palladium, and chromium.

Notable Quotes

(No direct quotes were provided in the release.)