Currently BOL & KWG have 50%

from the F/S:

 "Bold has the right to elect to earn a further 10% interest by delivering a positive feasibility study and making a further $700,000 option payment."   

I would say this is cash.

also

"On January 14, 2013, the Company announced the signing of an agreement (the “Amended Agreement”) with Bold Ventures Inc. (“Bold”). The Amendment Agreement extends the terms of the original Earn-In Option Agreement, giving Bold two options permitting Bold to earn up to a 100% working interest in the Koper Lake Project (the “Project”). The additional two options apply for a period of 90 days following the date Bold earns its 60% interest. 
 
In the first additional option, Bold can earn a further 20% interest in the Property by paying Fancamp $15,000,000 payable in equal installments over 3 years with half of the amount payable in cash and the balance payable, at Bold's option, through the issuance of common shares of Bold at the market price at the time the shares are issued. At that point, Fancamp would retain a 20% carried interest in the Koper Lake Project."

And we know that at least 1/2 of the $15,000,000 will be cash and the balance in common shares.

and

" On March 4, 2013, Bold signed an option and joint venture agreement with KWG Resources Inc. (“KWG”) to option its interests in Koper Lake. Under the terms of the option agreement, Bold would act as operator of the exploration programs which are to be financed by KWG. KWG would also make the  option payments due under the agreement with Fancamp. "

I would expect that all monies referred to in the documents are cash until someone can point out an amendment made between FNC/BOL/KWG to accept anything else in lieu of cash.

Terry