Bold Ventures Closes Second Tranche of Non-Brokered Private Placement

TORONTO, ON / ACCESSWIRE / Bold Ventures Inc. (TSXV:BOL) has announced the completion of the second tranche of a non-brokered private placement offering. The placement included 2,712,500 WC Units and 320,000 FT Units, raising aggregate gross proceeds of $124,500.00.

The offering aims to issue up to 8,000,000 working capital units at $0.04 per WC Unit and up to 12,000,000 Flow Through units at $0.05 per FT Unit. Each WC Unit comprises one common share and one common share purchase warrant, while each FT Unit consists of one flow-through common share and 0.5 of a common share purchase warrant.

Proceeds will be used for working capital, exploration, property maintenance, and acquisitions. The offering remains open until the sale of the remaining units or September 18, 2024, whichever comes first.