Bolt Metals Announces Non-Brokered Private Placement
Thenewswire·2025-09-29 23:55

Core Viewpoint - Bolt Metals Corp. intends to complete a non-brokered private placement of up to 46,153,846 common shares at CAD$0.013 per share, targeting a total amount of up to CAD$600,000 [1][2]. Group 1: Private Placement Details - The private placement will be subject to a hold period of four months plus one day from the date of issuance, along with applicable resale rules [2]. - The closing of the private placement is contingent upon receiving necessary regulatory approvals and may occur in one or more tranches [2]. - Insider participation in the private placement is not anticipated at this time [2]. Group 2: Use of Proceeds and Fees - Proceeds from the private placement will be used for general working capital [2]. - The company may pay finder's fees to qualified non-related parties in accordance with Canadian Securities Exchange policies [3]. Group 3: Company Overview - Bolt Metals Corp. is a North American mineral acquisition and exploration company focused on developing quality precious and base metal properties with high-upside and expansion potential [5]. - The company is based in Vancouver, BC, and has a portfolio that includes the Soap Gulch copper SEDEX project in Montana and the Switchback copper-silver project in British Columbia [5].

Bolt Metals Announces Non-Brokered Private Placement - Reportify