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An update from Bold Ventures ( (TSE:BOL) ) is now available.
Bold Ventures Inc. has closed a fully subscribed non-brokered flow-through private placement, raising $604,200 through the issuance of 5,035,000 flow-through shares at $0.12 each, with related finder’s fees paid in cash and compensation warrants. The company plans to use the proceeds for qualifying Canadian exploration expenditures on its critical mineral and precious metals projects in Ontario and Quebec, supporting ongoing drilling programs and advancing its position in key Canadian battery metals and multi-metal districts.
Of the funds raised, $504,000 is allocated to Bold’s Ontario properties and $100,200 to its Quebec project, all to be renounced as eligible exploration expenses for investors. Management emphasized strong support from new and existing shareholders and indicated that results from current drilling campaigns will be released in the coming weeks and months, underscoring continued momentum across its exploration portfolio.
More about Bold Ventures
Bold Ventures Inc. is a Canadian mineral exploration company focused on precious, battery and critical metals. It explores for copper, nickel, lead, zinc, gold, silver, platinum, palladium and chromium across properties in Ontario and Quebec, including projects in active gold and battery metals camps near Thunder Bay and Wawa and significant holdings in the emerging Ring of Fire district in Northern Ontario.
Average Trading Volume: 90,092
Technical Sentiment Signal: Buy
Current Market Cap: C$8.82M
Find detailed analytics on BOL stock on TipRanks’ Stock Analysis page.