Bold Ventures Announces Final Closing of Non-Brokered Private Placement and Insider Subscriptions
Bold Ventures Inc. (Bold or the Company) is pleased to announce the successful final closing of its non-brokered private placement offering, in addition to insider subscriptions from key stakeholders. This strategic move marks a significant milestone for Bold Ventures and reflects investor confidence in the company’s vision and growth prospects.
The private placement, which saw strong investor interest, included the issuance of units at a price of $0.10 each, with each unit consisting of one common share and one share purchase warrant. The warrants entitle the holders to acquire an additional common share at a price of $0.15 for a period of two years from the date of issuance.
Bold Ventures’ ability to secure funding through this private placement underscores the market’s recognition of the company’s potential and the strength of its current projects and future initiatives. The proceeds from the offering will be used to advance the company’s exploration and development activities across its portfolio of mineral properties, driving value creation for shareholders.
In addition to the private placement, Bold Ventures is pleased to announce the participation of key insiders in the subscription of units. This demonstration of support from insiders reinforces their commitment to the long-term success of the company and aligns their interests with those of shareholders.
Bold Ventures is an innovative exploration company focused on identifying and advancing high-potential mineral projects in Canada, with a strategic emphasis on precious metals and base metals. The company’s experienced management team and technical expertise position it well for future success in the mining sector.
As Bold Ventures moves forward with its exploration and development plans, investors can look forward to potential catalysts and value-creation opportunities that may arise from the company’s projects. The successful completion of the private placement and insider subscriptions sets a strong foundation for Bold Ventures’ growth trajectory and underscores its potential to deliver value for investors in the mining industry.