Little late on this one, sorry.

Vancouver, BC (August 22, 2008) - Bold Ventures Inc. ("Bold" or the "Company") is pleased to announce that it has granted to Spartan Capital Corp. a private company located in Vancouver, B.C., an option to acquire a 50% undivided interest in its Kentucky Lake Property located in the Nicola Mining Division, in the Province of British Columbia, subject to a 2% Net Smelter Return Royalty to the original vendors. Spartan will assign its option to a third party. Spartan Capital Corp., or its assignee, must pay $105,000 (of which $10,000 has been paid) and issue 200,000 shares of a publicly traded stock to Bold and make exploration expenditures of $300,000 in order to acquire its interest in the Property.

CLICK HERE to view Bold's Corporate Overview

ABOUT BOLD VENTURES INC.
Bold Ventures is a Tier 2 natural resource company on the TSX Venture Exchange, trading symbol BOL, with 11,750,000 shares issued to date. The Company’s main emphasis is on two Copper-Nickel exploration properties located in the McFaulds Lake “Ring of Fire” area of Northern Ontario. Bold has an option agreement with Noront Resources to acquire a 50% in the RING STAR NICKEL Project, as well as an option to earn a 50% interest in the WEST NICKEL project with Melkior Resources. BOLD has also acquired a 100% undivided in interest in the Kentucky Lake copper/gold exploration property in the Nicola Mining Division, located in British Columbia.

CAUTIONARY STATEMENT
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Bold, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and results to differ materially from Bold's plans and expectations as detailed herein and from time to time in the filings made by Bold with the TSX Venture Exchange and securities regulators. Bold does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

On behalf of the board of directors of Bold Ventures Inc.,

"GARY F. ZAK"
Gary F. Zak, President, CEO and Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact:
BOLD Ventures Inc.
Gary F. Zak
President, CEO and Director
(604) 630-1162
E: info@boldventuresinc.com
W: www.boldventuresinc.com

or

BOLD Ventures Inc.
Sarah C.J. Jones
Corporate Communications
(604) 630-8261
E: sjones@boldventuresinc.com
W: www.boldventuresinc.com