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Financings

Bolt Metals Closes $600,000 Non-Brokered Private Placement

By The Northwire Desk — AI Analysis Oct 10, 2025 · 17:30 BOLT · 0.025 Bolt Metals Corp.
BOLT · Price

Executive Summary

  • Bolt Metals Corp. closed its previously announced non‑brokered private placement, issuing 46,184,614 common shares at $0.013 per share.
  • The offering generated gross proceeds of $600,399.98 (net proceeds to be used for general working capital).
  • No finder’s fees were paid and there was no insider participation; the securities are subject to a statutory hold period of four months and one day.

Key Details

  • Shares Issued: 46,184,614 common shares.
  • Price per Share: $0.013.
  • Gross Proceeds: $600,399.98.
  • Statutory Hold Period: Four (4) months + one (1) day from issuance date.
  • Resale Restrictions: Subject to applicable Canadian securities laws and CSE policies.
  • Use of Proceeds: General working capital purposes.
  • Finder’s Fees: None paid.
  • Insider Participation: Not anticipated and did not occur.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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