Bold Ventures Closes $776,800 Non-Brokered Private Placement

Core Viewpoint - Bold Ventures Inc. has successfully closed a non-brokered private placement offering, raising gross proceeds of $776,800 through the issuance of working capital units and flow-through units, aimed at supporting its exploration projects in Canada [1][3]. Offering Details - The offering consisted of 6,000,000 working capital units priced at $0.08 each, generating $480,000, and 3,297,776 flow-through units priced at $0.09 each, generating $296,800 [1]. - Each working capital unit includes one common share and one full common share purchase warrant, allowing the holder to acquire an additional common share at $0.12 until December 31, 2028 [4]. - Each flow-through unit comprises one common share and half of a common share purchase warrant, with one full warrant allowing the acquisition of an additional common share at $0.12 until December 31, 2027 [5]. Financial Aspects - The company paid finder fees totaling $36,719.99 and issued 454,333 compensation warrants to two eligible finders, with different expiration dates for the warrants [2]. - Insider subscriptions included three insiders who purchased 420,000 flow-through units for gross proceeds of $37,800, exempt from certain regulatory requirements [3]. Use of Proceeds - Proceeds from the working capital units will be allocated for general working capital, property maintenance, exploration, and offering expenses [4]. - Proceeds from the flow-through units will be directed towards exploration work qualifying for Canadian Exploration Expenses [5]. Company Focus - Bold Ventures is focused on exploring precious, battery, and critical metals in Canada, particularly in regions with active gold and battery metals camps [6][7]. - The company targets a range of commodities including Copper, Nickel, Lead, Zinc, Gold, Silver, Platinum, Palladium, and Chromium, aligning with future demand for these metals [6].