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Bold Ventures Launches Private Placement and Advances Ring of Fire Interests

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Bold Ventures ( (TSE:BOL) ) just unveiled an announcement.

Bold Ventures Inc. has announced a non-brokered private placement offering to raise up to $900,000 through the sale of working capital and flow-through units. The proceeds will be used for general working capital, property maintenance, and exploration expenses. The first tranche of the offering has closed, raising $124,000, with further closings expected. Additionally, the company has a vested interest in the Koper Lake Project in the Ring of Fire, where infrastructure development is supported by local First Nations and political leaders, potentially enhancing Bold’s strategic positioning in the region.

More about Bold Ventures

Bold Ventures Inc. is a Canadian exploration company focusing on precious, battery, and critical metals. The company is actively exploring properties in the Thunder Bay and Wawa regions of Ontario and holds significant assets in the emerging multi-metals district known as the Ring of Fire in the James Bay Lowlands of Northern Ontario.

YTD Price Performance: 75.00%

Average Trading Volume: 24,962

Technical Sentiment Signal: Sell

Current Market Cap: C$3.62M

For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.

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