Bold Ventures Signs Agreement to Acquire 6 Key Claims Contiguous to its Joutel Property, Quebec

Executive Summary

• Bold Ventures Inc. signed a Vending Agreement to acquire six additional staked mining claims on its Joutel Property in exchange for issuing 750,000 common shares to Emerald Geological Services (EGS).
• The newly acquired claims contain VTEM geophysical anomalies and historic drill intercepts indicating nickel (0.83% over 3.7 m), gold (0.51 g/t over 3.05 m) and other base‑metal mineralization, expanding the Joutel land package to 58 claims covering ~3,217 ha.
• The transaction is a related‑party deal exempt from MI 61‑101 valuation approval; it is subject to TSX Venture Exchange clearance.

Key Details

• Transaction Structure: Issuance of 750,000 Bold Ventures common shares to EGS as consideration for six additional mining claims.
• Parties Involved:
• Seller: 2099840 Ontario Inc. o/a Emerald Geological Services (controlled by Bold’s President & COO Bruce MacLachlan and VP Exploration Coleman Robertson).
• Buyer: Bold Ventures Inc. (TSXV: BOL).
• Claims Acquired: Six contiguous claims adjacent to the existing Joutel Property, increasing total claim count from 52 to 58.
• Geophysical & Historical Data:
• VTEM anomalies identified in 2012 survey (Area 3B).
• Historic drill hole intercepts on the additional claims:
  • 0.83 % Ni over 3.7 m (including 1.27 % Ni over 2.3 m).
  • 0.51 g/t Au over 3.05 m.
  • Additional intersected copper and zinc mineralization.
• Future Work: Planned ground geophysical survey in winter 2026 to refine targets ahead of drilling.
• Regulatory Status: Transaction requires TSX Venture Exchange approval; exempt from MI 61‑101 valuation/minority shareholder vote because consideration ≤25 % of market cap.
• Management Comments:
• CEO David Graham highlighted the re‑assembly of Joutel claims and prospective multi‑metal potential (Ni, Cu, Zn, Au, Ag).
• President/COO Bruce MacLachlan emphasized consolidation into a 58‑claim package and upcoming survey work.

Notable Quotes

• “We are pleased to have re‑assembled our Joutel claims… we anticipate high‑potential drill targets.” – David Graham, CEO, Bold Ventures
• “The proposed acquisition … will become a consolidated land package of 58 claims… we anticipate a ground geophysical survey this winter…” – Bruce MacLachlan, President & COO, Bold Ventures / President & CEO, EGS