Bold Ventures Inc. reports that KWG Resources Inc. and Fancamp Exploration Ltd. have jointly announced an acquisition agreement whereby KWG will acquire the Fancamp interests in the Koper Lake Project located in the Ring of Fire region of Northern Ontario. Among other terms, KWG will issue to Fancamp a secured convertible promissory note in the principal amount of C$34.5 million. Full terms of the acquisition agreement [...]
Bold Ventures Inc. is pleased to report the first closing of its Critical Minerals Flow-Through Units Private Placement for gross proceeds of $105,750 comprising 705,000 CMFT Units. Each CMFT Unit is priced at $0.15 and consists of one common share and one-half of a share purchase warrant. Each full warrant entitles the holder to purchase one common share at a price of $0.25 per Warrant Share until June 29, 2024. The [...]
Bold Ventures Inc. is pleased to announce the offering of a non-brokered private placement of up to 4,000,000 critical mineral flow-through units for up to $600,000 and up to 4,000,000 working capital units for up to $440,000 . Each CMFT Unit is priced at $0.15 and consists of one common share and one-half of a share purchase warrant. Each full warrant entitles the holder to purchase one common share at a price of $0.25 [...]
Bold Ventures Inc. wishes to congratulate the Ontario Government on its Critical Minerals Strategy for the electrification of Ontario power consumption. Combined with the Government of Canada's 2022 budget announced on April 7, incorporating a number of industry recommendations, both levels of government aim to bolster mineral production, Indigenous community engagement and infrastructure development. Bold is very pleased [...]
Bold Ventures Inc. is pleased to report that it has signed the formal option agreement to acquire the Burchell Gold-Copper Project . The 265 claim and boundary cell property comprises 12,528 acres located within the Shabandowan Greenstone Belt of northwestern Ontario . The SGB lies within the Wawa-Abitibi Terrane, well-known for its mineral endowment. The Burchell Gold Copper Project is located 105 km west of Thunder Bay [...]
Bold Ventures Inc. is pleased to report that it has signed a Letter Agreement for an option to acquire 188 claim and boundary cells comprising 11,149 acres located within the Shabandowan Greenstone Belt of northwestern Ontario. The SGB lies within the Wawa-Abitibi Terrane, well-known for its mineral endowment. The Burchell Gold-Copper Project is located 105 km west of Thunder Bay and is accessible via all-weather roads [...]
Bold Ventures Inc. is pleased to report the receipt of the final report of the Versatile Time-Domain Electromagnetic Survey carried out by Geotech Ltd. of Aurora, Ontario. The survey covered the full 19,200 acre Farwell Gold-Copper property, located 55 km northwest of Wawa, Ontario . The survey data has produced a number of previously unidentified geophysical anomalies and enhanced the geophysical signature, depth extent [...]
Bold Ventures Inc. is pleased to report that an airborne Vertical Loop Time Domain Electromagnetic and Magnetic survey carried out by Geotech Ltd. of Aurora, Ontario has been completed at the Farwell Gold-Copper Project located 55 km northwest of Wawa, Ontario. A total of 556 line-kms were flown at 200 m line spacing to cover the entire claim group. This is the first large scale airborne survey completed over the Farwell [...]
Bold Ventures Inc. is pleased to report results from its fall 2021 exploration program on the Traxxin Gold Project, east of Atikokan in Northwestern Ontario. The program consisted of prospecting, stripping and trenching, geological mapping and sampling focused along the central portion of the property. Exploration work was successful in confirming and expanding the areas of known gold mineralization both in the historical [...]
Bold Ventures Inc. announces that, further to its Press Release of December 13, 2021, it has closed the final tranche of its non-brokered private placement offering with the sale of 370,000 "flow-through shares" within the meaning of the Income Tax Act at a price of $0.125 per FT Share for gross proceeds of $46,250. The Company placed an aggregate of 1,180,000 FT Shares pursuant to the Offering for gross proceeds of [...]
Bold Ventures Inc. is pleased to announce the closing of a non-brokered private placement of 3,161,000 working capital units for gross proceeds of $252,800. Each WC Unit comprises one common share of the Company priced at $0.08 and one-half of a common share purchase warrant with each full warrant entitling the holder to acquire one common share at a price of $0.15 until December 20, 2023. The proceeds from the Offering [...]
Bold Ventures Inc. wishes to announce that further to the Company's Press Release dated November 30, 2021, the TSXV has approved the extension of the closing of the remainder of its non-brokered private placement offering until December 31, 2021. The offering consists of up to 2,690,000 common shares to be issued as "flow-through shares" within the meaning of the Income Tax Act at a price of $0.125 per FT Share for total [...]