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Bold Ventures Inc.: Bold Ventures Announces Second Closing of Non-Brokered Private Placement


Bold Ventures Inc.: Bold Ventures Announces Second Closing of Non-Brokered Private Placement
TORONTO, ON / ACCESSWIRE /
May 31, 2021 / Bold Ventures Inc. (TSX.V:BOL) (the Company or Bold ) is pleased to announce the second closing of a non-brokered private placement offering of up to 3,750,000 working capital units (the
WC Units ) of the Company at a price of $0.08 per WC Unit for up to $300,000 (the
Offering ). See Bold press release dated May 13, 2021.
The second tranche consists of 1,250,000 WC Units
for proceeds totalling $100,000. The Company paid commission equal to $7,000 cash and 87,500 Broker Warrants to qualified finders in connection with the Offering. Each Broker Warrant is comprised of a unit consisting of a share and one-half (0.5) warrant. A full warrant and 15 cents will acquire an additional common share for a period of two (2) years from the date of closing. The securities issued are subject to a hold period expiring on September 2 ....

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