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Bold Ventures Raises $200,000 in Private Placement to Advance Metals Exploration Portfolio

Story Highlights
  • Bold Ventures raised $200,000 via a non-brokered private placement of 2.5 million units.
  • Proceeds will fund working capital and exploration, supporting Bold’s Ontario metals projects and Ring of Fire assets.
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Bold Ventures Raises $200,000 in Private Placement to Advance Metals Exploration Portfolio

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Bold Ventures ( (TSE:BOL) ) has provided an announcement.

Bold Ventures Inc. has raised $200,000 through a non-brokered private placement of 2.5 million working capital units priced at $0.08 each, with each unit consisting of one common share and one warrant exercisable at $0.12 until January 21, 2029. The financing, which included a cash finder’s fee and compensation warrants to an eligible finder and is subject to a hold period until May 22, 2026, will be used for general working capital, property maintenance, exploration and related expenses, reinforcing the company’s ability to advance its portfolio of battery, critical and precious metals exploration projects in key Ontario mining districts and the Ring of Fire region.

More about Bold Ventures

Bold Ventures Inc. is a Canadian mineral exploration company focused on precious, battery and critical metals, including copper, nickel, lead, zinc, gold, silver, platinum, palladium and chromium. The company’s projects are located in active gold and battery metals camps around Thunder Bay and Wawa in Ontario, and it holds significant assets in and around the emerging multi-metals Ring of Fire district in the James Bay Lowlands of Northern Ontario, positioning it to benefit from provincial and federal electrification initiatives.

Average Trading Volume: 85,652

Technical Sentiment Signal: Buy

Current Market Cap: C$9.69M

See more insights into BOL stock on TipRanks’ Stock Analysis page.

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