BULLETIN V2026-2434
BOLD VENTURES INC. ("BOL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 24, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to an arm's length acquisition of a 100% interest in the Olcott Property located east of Atikokan, Ontario (the "Property"), pursuant to a property option agreement (the "Agreement") dated June 17, 2026, between the Company and the arm's length vendors (the "Vendors").
Pursuant to the terms of the Agreement, the Company can earn a 100% interest in the Property by making the following payments to the Vendors: (i) an aggregate cash payment of $150,000 over a period of four (4) years, and (ii) the issuance of an aggregate of 1,200,000 common shares of the Company over a period of five (5) years. Additionally, the Company shall incur an aggregate of $750,000 in exploration expenditures on or before the fourth anniversary of the closing.
Upon exercise of the option, the Vendors will retain a 2.5% net smelter return (NSR) royalty on the Property, a 1.0% NSR may be repurchased by the Company at any time for a one-time cash payment of $1,000,000.
For further details, please refer to the Company's news release dated June 18, 2026.
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