Bold Ventures Announces Share Consolidation

Toronto, Ontario, February 3, 2020 – Bold Ventures Inc. (BOL: TSX.V) (the “Company” or “Bold”) wishes to announce that, further to the Company’s Press Release issued January 31, 2020, commencing at the open of the market on Tuesday, February 4, 2020, the common shares of the Company will trade on a post-consolidation basis on the TSX Venture Exchange on the basis of one (1) post-consolidation common share for each five (5) pre-consolidation common shares. Registered shareholders will receive a letter of transmittal to exchange their original common shares for post-consolidation common shares. Beneficial shareholders will have their accounts automatically adjusted. All fractions of post-consolidation common shares will be rounded down to the next lowest whole number and such fractional shares will be cancelled.

The new CUSIP number for the Company’s common shares on a post-consolidation basis is 09752Q202. The name and trading symbol remain unchanged.

About Bold Ventures Inc.

The Company explores for Base and Precious metals in Canada. Bold has options to earn a 100% interest in the Farwell Gold Base Metals project located approx. 55km northwest of Wawa, Ontario and the Wilcorp Gold Project located 14 km east northeast of Atikokan, Ontario. Bold and its subsidiary Rencore Resources Ltd. have extensive holdings comprised of over 15 claim groups in and around the Ring of Fire area of the James Bay Lowlands. The Company has also earned a 10% carried interest in all chromite resources and a 40% working interest in all other metals at the Koper Lake Project and has the option to earn an additional 10% carried interest in chromite and 40% of all other metals. The Koper Lake Project is located within the Ring of Fire and directly adjacent to the Eagles Nest nickel-copper massive sulphide deposit currently in the permitting stage.

For additional information about Bold Ventures and our projects please visit www.boldventuresinc.com or contact Bold Ventures Inc. at 416-864-1456.

 

 

“David B Graham”
David Graham
President and CEO