Mr. Bruce MacLachlan reports

BOLD VENTURES CLOSES $776,800 NON-BROKERED PRIVATE PLACEMENT

Further to its news release of Dec. 16, 2025, Bold Ventures Inc. has closed its non-brokered private placement offering for gross proceeds of $776,800 through the placement of six million working capital units of the company at a price of eight cents per working capital unit for $480,000 and 3,297,776 flow-through units at a price of nine cents per flow-through unit for $296,800.

The company paid cash finders' fees in the aggregate of $36,719.99 and issued an aggregate of 454,333 compensation warrants to two eligible finders. Of the compensation warrants, 37,333 entitle the holder to acquire one common share at a price of 12 cents until Dec. 31, 2027, and 417,000 entitle the holder to acquire one common share at a price of 12 cents until Dec. 31, 2028.

All the securities issued pursuant to the offering are subject to a hold period expiring on May 1, 2026.

Bruce MacLachlan, president and chief operating officer of Bold Ventures, stated: "We wish to thank our existing shareholders for their continued support of the company and welcome the participation by new investors. We look forward to seeing the results from our drilling programs in 2026."

Insider subscriptions

Three insiders subscribed for 420,000 flow-through units for gross proceeds of $37,800. The insider private placements are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 by virtue of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the company issued to the insiders does not exceed 25 per cent of its market capitalization.

The offering

Each working capital unit comprises one common share of the company priced at eight cents and one full common share purchase warrant entitling the holder to acquire one common share at a price of 12 cents until Dec. 31, 2028. The proceeds from the working capital units will be used for general working capital, property maintenance, exploration and expenses of the offering.

Each flow-through unit comprises one common share of the company priced at nine cents and one-half of a common share purchase warrant. One full common share purchase warrant and 12 cents will acquire an additional common share until Dec. 31, 2027. The proceeds from the sale of the flow-through units will be used for exploration work that qualifies for Canadian exploration expenses (CEE).

Bold Ventures management believes the company's suite of battery, critical and precious metals exploration projects are an ideal combination of exploration potential meeting future demand. Bold Ventures' target commodities comprise copper, nickel, lead, zinc, gold, silver, platinum, palladium and chromium. The critical metals list and a description of the provincial and federal electrification plans are posted on the Bold Ventures website.

About Bold Ventures Inc.

The company explores for precious, battery and critical metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multimetals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

We seek Safe Harbor.