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

Core Points - Bolt Metals Corp. has successfully closed a non-brokered private placement of common shares, as previously announced [1] - The company issued a total of 46,184,614 common shares at a price of $0.013 per share, resulting in gross proceeds of $600,399.98 [2] - The proceeds from the offering will be utilized for general working capital purposes [3] Financial Details - The offering involved the issuance of 46,184,614 common shares at a price of $0.013 per share, leading to gross proceeds of approximately $600,400 [2] - The securities issued are subject to a statutory hold period of four months and one day from the issuance date, along with applicable resale restrictions under Canadian securities laws [2] Company Overview - Bolt Metals Corp. is focused on the acquisition and exploration of mineral properties, particularly in precious and base metals, with an emphasis on drill-ready projects that have high upside and expansion potential [4] - The company trades on multiple exchanges, including the CSE under the symbol BOLT, OTCQB under the symbol PCRCF, and in Germany under the WKN A3D8AK [4]