Bold Ventures and Lac Des Milles Lacs First Nation Extend Memorandum of Understanding

Toronto, Ontario March 7th, 2016 – Bold Ventures Inc. (BOL:TSX.V) (the “Company” or “Bold“) is pleased to announce that it has signed a 3 year extension to a Memorandum of Understanding (“MOU”) with the Lac Des Milles Lacs First Nation (“LDMLFN“). This MOU relates to the Wilcorp Gold Project located approximately 14 kms northeast of Atikokan Ontario. See our recent news release dated February 23, 2016 or visit our website at www.boldventuresinc.com.

The Memorandum of Understanding encompasses a consultation process surrounding the project activities. The parties agree that environmental stewardship and respect for the land is of prime importance. The MOU also promotes business and job opportunities for the Lac Des Milles Lac First Nation. Additionally, based on the project progressing to a more advanced level of exploration, the MOU contemplates a more detailed exploration agreement.

For additional project details covering the Wilcorp Project, please go here.

For more information concerning Bold Ventures Inc., please visit our web site www.boldventuresinc.com or contact Bold Ventures Inc. at 416-864-1456.

“Richard E. Nemis”
Richard E. Nemis
President and Chief Executive Officer

“David B Graham”
David Graham
Executive Vice President