In a recent development, Bold Ventures Inc. (TSXV: BOL) (Bold or the Company) has announced an extension of its non-brokered private placement financing. This decision comes in response to growing interest from existing and potential investors in participating in the private placement.
The private placement, initially announced on June 21, 2021, offered up to 8,000,000 units at a price of $0.10 per unit for gross proceeds of up to $800,000. Each unit comprises one common share of the Company and one common share purchase warrant exercisable at $0.15 per share within two years of the closing date.
The extension of the private placement provides interested investors with additional time to evaluate the opportunity and potentially participate in Bold’s growth strategy. The Company’s decision to extend the offering demonstrates its commitment to engaging with investors and maximizing participation in the financing round.
Bold Ventures Inc. is a dynamic exploration company focused on exploring and developing mineral properties in Canada. The Company has a portfolio of projects that include gold, nickel, and copper assets, with a strong emphasis on strategic acquisitions and exploration activities.
The extension of the non-brokered private placement is strategic for Bold Ventures as it aims to secure additional funding to advance its exploration and development initiatives. The increased interest from investors reflects confidence in the Company’s projects and management team, highlighting the potential for significant value creation in the coming months.
Investors looking to participate in the private placement can contact the Company directly for more information on the offering and how to subscribe. With a focused approach to exploration and a solid portfolio of mineral assets, Bold Ventures is well-positioned to capitalize on the current market conditions and drive value for its shareholders.
The extension of the non-brokered private placement by Bold Ventures Inc. underscores the Company’s proactive approach to financing and its commitment to expanding its shareholder base. As the exploration activities progress and potential discoveries materialize, investors participating in the private placement stand to benefit from the growth and success of Bold Ventures in the resource development sector.