Toronto, Ontario--(Newsfile Corp. - June 14, 2019) - Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") provides the following update. The Company has reached agreement with the Wilcorp Gold Project vendor to extend the current due date of a $6,000 cash payment to September 30, 2019. The annual anniversary payment of $8,000 is due on June 1, 2020. The company has not proceeded with the $20,000 optional payment to maintain the Stover claims option and will let the option lapse.
The Company is pleased to report that it has completed the Lac des Mille Lacs Compilation Study commissioned by the Lac des Mille Lacs First Nation (See Bold news release dated January 14, 2019). Management is confident that the data-base created by this project will be instrumental in support of resource development within the Area of Interest it encompasses.
For additional information about Bold Ventures and our projects please visit www.boldventuresinc.com or contact Bold Ventures Inc. at 416-864-1456.
"David B Graham"
President and CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
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