Bold Ventures Inc. announced a non-brokered private placement of 799,666 critical mineral flow through units at a price of CAD 0.12 per unit for gross proceeds of CAD 95,959.62 on October 26, 2022. The transaction includes participation from six placees. Each critical mineral flow through unit was priced at CAD 0.12 and consists of one common share and one-half of a share purchase warrant.

Each full warrant entitles the holder to purchase one common share at a price of CAD 0.20 per warrant share until October 26, 2024. The securities issued are subject to a hold period expiring on February 27, 2023. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.

The company paid cash costs of issue of CAD 10,682.