Bold Ventures Inc. Closes First Tranche of Critical Minerals Non-Brokered Private Placement Offering and Provides Update
Bold Ventures Inc. Closes First Tranche of Critical Minerals Non-Brokered Private Placement Offering and Provides Update
TORONTO, ON / ACCESSWIRE / June 29, 2022 / Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") is pleased to report the first closing of its Critical Minerals Flow-Through Units Private Placement (the "CMFT Units") for gross proceeds of $105,750 comprising 705,000 CMFT Units. Each CMFT Unit is priced at $0.15 and consists of one (1) common share and one-half (0.5) of a share purchase warrant. Each full warrant (a "Warrant") entitles the holder to purchase one (1) common share (a "Warrant Share") at a price of $0.25 per Warrant Share until June 29, 2024. The Company paid a cash commission of $1050 and issued 7000 compensation warrants (the "Compensation Warrants") to an eligible finder. Each Composition Warrant entitles the holder to acquire one common share at $0.15 until June 29, 2024. The securities issued are subject to a hold period expiring on October 30, 2022.
多伦多,于/ACCESSWIRE/2022年6月29日/BOLD Ventures Inc.(多伦多证券交易所股票代码:BOL)(以下简称“公司”或“Bold”)高兴地宣布,其关键矿产品流通股私募首次完成交易。CMFT单位“)总收益105,750美元,其中包括705,000个CMFT单位。每个CMFT单位的定价为0.15美元,由一(1)股普通股和一半(0.5)股认购权证组成。每份完整的认股权证(A)沃伦T“)使持有者有权购买一(1)股普通股(a认股权证股份),每股认股权证0.25美元,直至2024年6月29日。本公司支付现金佣金1,050美元,并发行7,000份补偿权证(补偿令“)。每份复合权证使持有者有权以0.15美元收购一股普通股,直至2024年6月29日。发行的证券的持有期将于2022年10月30日到期。
Bold is one of the earliest junior explorers to offer the Critical Minerals Exploration Tax Credit (CMETC) that was introduced as part of the Federal Budget as approved in April of this year. When combined with the existing Flow-Through write-off of 100% of qualified Canadian Exploration Expenses, the total tax write-off for the CMFT Units is 130%. The proceeds from the sale of CMFT Units will be used to explore the Farwell and Burchell Projects.
BOLD是最早提供关键矿产勘探税收抵免(CMETC)的初级勘探商之一,该抵免是今年4月批准的联邦预算的一部分。与现有100%符合条件的加拿大勘探费用的流动冲销相结合,CMFT单位的总税项冲销为130%。出售CMFT单位的收益将用于勘探Farwell和Burchell项目。
The Non-Brokered Private Placement Offering
非经纪私募发行
Bold is extending the closing of its non-brokered private placement (see Bold press release dated June 15, 2022) consisting of up to a remaining 3,295,000 CMFT Units for up to $494,250 and up to 4,000,000 working capital units (the "WC Units") for up to $440,000 (the "Offering") for a further thirty (30) days.
BOLD正在延长其非经纪私募的结束期限(见Bold于2022年6月15日发布的新闻稿),其中包括最多剩余的3,295,000个CMFT单位,最高可达494,250美元,以及最多4,000,000个营运资本单位(卫生间单位“)最高440,000美元(”供奉“)再延长三十(30)天。
Each WC Unit is priced at $0.11 and consists of one (1) common share and one-half (0.5) of a share purchase warrant. Each full warrant (a "WC Warrant") entitles the holder to purchase one (1) common share (a "WC Warrant Share") at a price of $0.15 per WC Warrant Share until the date which is twenty-four (24) months following the Closing of the Offering.
每个WC单位的定价为0.11美元,由一(1)股普通股和一半(0.5)股认购权证组成。每份完整的手令(a“厕所保证书“)使持有人有权购买一(1)股普通股(a”WC认股权证份额“),价格为每股WC认股权证股份0.15美元,直至发售结束后二十四(24)个月为止。
Each CMFT Unit is priced at $0.15 and consists of one (1) common share and one-half (0.5) of a share purchase warrant. Each full warrant (a "Warrant") entitles the holder to purchase one (1) common share (a "Warrant Share") at a price of $0.25 per Warrant Share until the date which is twenty-four (24) months following the Closing of the Offering.
每个CMFT单位的定价为0.15美元,由一(1)股普通股和一半(0.5)股认购权证组成。每份完整的手令(a“沃伦T“)使持有者有权购买一(1)股普通股(a认股权证股份“),每股认股权证股份0.25美元,直至发售结束后二十四(24)个月为止。
Eligible Finders may receive a fee in cash and warrants.
符合条件的发现者可以获得现金和认股权证的费用。
The proceeds from the sale of WC units will be used for general working capital, administration, property maintenance and acquisitions. The proceeds from the sale of CMFT Units will be used to explore for critical minerals, primarily copper and zinc, for which the expenditures made on the Company's mineral properties allow the subscriber to be eligible for the newly created Critical Mineral Exploration Tax Credit of an additional 30%. All securities issued under the Offering are subject to a statutory four-month hold period.
出售WC单位的收益将用于一般营运资金、行政管理、财产维护和购置。出售CMFT单位所得款项将用于勘探关键矿物,主要是铜和锌,为此,公司矿产支出使订户有资格获得新设立的关键矿物勘探税收抵免,额外抵免30%。根据此次发行发行的所有证券均受法定四个月持有期的限制。
Burchell Gold-Copper Project (Burchell)
伯切尔黄金-铜矿项目(伯切尔)
The Company received final regulatory approval of its option to earn a 100% interest in the Burchell Project (a full description of the earn-in option agreement may be found on the Burchell project page). An initial reconnaissance survey of the Burchell claim group took place this spring. The initial compilation of historical data has commenced. A first phase of prospecting, geological mapping and sampling is anticipated to commence in August.
该公司在Burchell项目中获得100%权益的期权获得了监管部门的最终批准(嵌入期权协议的完整描述可在Burchell项目页面上找到)。今年春天对Burchell索赔小组进行了初步勘察。历史数据的初步汇编工作已经开始。勘探、地质测绘和采样的第一阶段预计将于8月开始。
The Farwell Gold-Copper Project (Farwell)
法韦尔金铜项目(法韦尔)
The initial compilation study of the historical work carried out at the Farwell Project has been completed. Dr. James Mungall, P.Geo. has completed an interpretation of Bold's recent VTEM survey. This latest work is being imported into the geological compilation study for subsequent drill target selection. A field program designed to map and sample new areas, identified by the VTEM survey, is scheduled to begin in the latter part of July. Based on these results a follow-up program that will refine and prioritize drill targets will be completed. (See the Farwell Project Details and a PDF version of the VTEM report on the Farwell Project page.
在法尔韦尔项目进行的历史工作的初步汇编研究已经完成。詹姆斯·蒙格尔博士,P.Geo。已经完成了对Bold最近的VTEM调查的解释。这项最新工作正在纳入地质汇编研究,以便后续钻探目标的选择。一项旨在对VTEM调查确定的新地区进行测绘和抽样的实地计划计划于7月下旬开始。根据这些结果,将完成一项后续方案,以完善和确定演习目标的优先次序。(请参见Farwell Project页面上的Farwell Project详细信息和VTEM报告的PDF版本。
The Company also reports that 1.6M common share purchase warrants were exercised at $0.10 for gross proceeds of $160,000.
该公司还报告说,160万股普通股认购权证以0.10美元的价格行使,总收益为16万美元。
Further to the recent Provincial Election results the Company notes the election night statements by Premier Doug Ford that emphasized the Province's support for access into the Ring of Fire, an emerging, multi-metals mining district located in the James Bay Lowlands of Northern Ontario. Bold holds significant assets in and around the Ring of Fire.
除了最近的省选举结果,公司注意到省长Doug Ford在选举之夜发表的声明,强调该省支持进入火环,这是一个新兴的多金属矿区,位于安大略省北部的詹姆斯湾低地。BOLD在火环及其周围拥有大量资产。
Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand (see Bold Press release dated May 10, 2022). Our target commodities comprise: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.
BOLD Ventures管理层相信,我们的电池、关键和贵金属勘探项目是勘探潜力满足未来需求的理想组合(见2022年5月10日的Bold新闻稿)。我们的目标商品包括:铜(铜)、镍(镍)、铅(铅)、锌(锌)、金(金)、银(银)、铂(铂)、钯(钯)和铬(铬)。关键金属清单以及省和联邦电气化计划的说明发布在Bold网站上.
The technical and scientific disclosures in this news release have been reviewed and approved by Gerald D. White, B.Sc., P.Geo., a qualified person (QP) under National Instrument 43-101.
本新闻稿中的技术和科学披露经过了Gerald D.White,B.Sc.,P.Geo的审查和批准,他是National Instrument 43-101下的合格人员(QP)。
About Bold Ventures Inc.
关于Bold Ventures Inc.
The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold camps within the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.
该公司在加拿大勘探贵金属、电池和关键金属。BOLD正在勘探位于安大略省桑德湾和瓦瓦地区活跃金矿营地的物业。BOLD还在新兴的多金属区内和周围拥有大量资产,该地区被称为火环地区,位于安大略省北部詹姆斯湾低地。
As a result of the current COVID-19 virus concerns, the Company's management and contractors are following public guidelines and taking recommended steps to protect the health and safety of all personnel while carrying out operations. As a result of the COVID-19 pandemic giving rise to local and national anti-virus measures, the scheduling of activities is subject to change. COVID-19 impacts may affect timing and availability of goods and services for the foreseeable future.
由于目前对新冠肺炎病毒的担忧,公司管理层和承包商正在遵守公共指导方针,并采取建议的步骤,以保护所有人员的健康和安全,同时进行运营。由于新冠肺炎大流行促使地方和国家采取防病毒措施,活动的日程安排可能会发生变化。在可预见的未来,新冠肺炎的影响可能会影响商品和服务的时间和可用性。
For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at info@boldventuresinc.com.
欲了解有关Bold Ventures和我们项目的更多信息,请访问boldventuresinc.com,或致电416-864-1456与我们联系,或发送电子邮件至info@boldventuresinc.com。
"David B Graham"
David Graham
President and CEO
《大卫·B·格雷厄姆》
大卫·格雷厄姆
总裁兼首席执行官
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
有关前瞻性陈述的警示说明:本新闻稿包含涉及风险和不确定因素的前瞻性陈述,这些风险和不确定性可能会导致实际结果与所作陈述大相径庭。在本文件中使用的“可能”、“将”、“可能”、“将”、“打算”、“计划”、“预期”、“相信”、“估计”、“预期”等词语以及类似的表述都是为了识别前瞻性陈述。此类陈述反映了我们目前对未来事件的看法,并受到此类风险和不确定性的影响。许多因素可能会导致我们的实际结果与声明大不相同,包括我们向加拿大证券监管机构提交的文件中讨论的那些因素。如果这些风险和不确定性中的一个或多个发生,例如当前勘探计划的实际结果、与采矿业相关的一般风险、黄金和其他金属的价格、货币和利率波动、竞争加剧以及一般经济和市场因素,或者前瞻性陈述所依据的假设被证明是不正确的,实际结果可能与本文中描述的预期、计划、预期或预期的结果大不相同。我们不打算也不承担任何义务更新这些前瞻性陈述,除非法律要求。告诫股东不要过度依赖此类前瞻性陈述。
SOURCE: Bold Ventures Inc.
资料来源:BOLD Ventures Inc.