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Bold Ventures ( (TSE:BOL) ) just unveiled an announcement.
Bold Ventures Inc. has closed a non-brokered private placement raising gross proceeds of $776,800 through the issuance of 6 million working capital units at $0.08 and 3,297,776 flow-through units at $0.09. The financing, which included insider participation of 420,000 flow-through units for $37,800, will fund general working capital, property maintenance, exploration activities and offering expenses, with flow-through proceeds dedicated to exploration work qualifying as Canadian Exploration Expenses. The company also paid $36,719.99 in cash finder fees and issued 454,333 compensation warrants to two eligible finders, with securities subject to a hold period until May 1, 2026, reinforcing its funding base ahead of planned drilling programs in 2026 and ongoing exploration across its battery and critical metals portfolio in Ontario.
More about Bold Ventures
Bold Ventures Inc. is a Canadian mineral exploration company focused on precious, battery and critical metals. The company is actively exploring properties in established gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario and holds significant assets in and around the Ring of Fire multi-metals district in the James Bay Lowlands of Northern Ontario. Its target commodities include copper, nickel, lead, zinc, gold, silver, platinum, palladium and chromium, aiming to position itself within long-term electrification and critical metals supply chains.
Average Trading Volume: 84,064
Technical Sentiment Signal: Buy
Current Market Cap: C$9.69M
See more insights into BOL stock on TipRanks’ Stock Analysis page.