HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: BOLD Resources NR (FYI)

TORONTO, ON / ACCESSWIRE / December 31, 2021 / Bold Ventures Inc. (TSXV:BOL) (the "Company" or "Bold") announces that, further to its Press Release of December 13, 2021, it has closed the final tranche of its non-brokered private placement offering (the "Offering") with the sale of 370,000 "flow-through shares" within the meaning of the Income Tax Act (Canada) (each a "FT Share") at a price of $0.125 per FT Share for gross proceeds of $46,250. The Company placed an aggregate of 1,180,000 FT Shares pursuant to the Offering for gross proceeds of $147,500.

About Bold Ventures Inc.

The Company explores for Gold and Base Metals in Canada. Bold is exploring properties located within active gold camps of Northern 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.

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