“Bold Ventures Soars with Traxxin Exploration Permit – Amendments to Farwell and Burchell Property Option Agreements Additionally Revealed, Shares Issued for Services!

Bold Ventures Inc. (“Bold Ventures” or the “Company”) (TSX-V: BOL) is pleased to announce that it has received the exploration permit to conduct geological mapping and prospecting activities on its Traxxin Gold Property (the “Property”) located in the Whitehorse Mining Division of Yukon Territory, Canada. This permit also grants Bold Ventures access to several pre-defined archeological sites located on the Property, thus allowing for the Company to perform necessary work and proceed with its exploration program. In addition to the exploration permit, the Company has also provided further disclosure of amendments to Farwell and Burchell Property option agreements, as well as agreed to issue shares for services. As it relates to the Farwell Property, the amendments summarize the reduction of cash payments to $100,000 from $250,000. On the other hand, the amendments to Burchell Property refer to an increase in the cash payments from $90,000 to $240,000, as well as the issuance of an additional 8 million common shares instead of 500,000. As for issuing common shares for services, Bold Ventures is set to issue an aggregate of 35,000,000 common shares for the services provided in relation to the Traxxin Property and the two Property option agreements. The President and CEO of Bold Ventures Inc., Mr. John A. Wise, commented on these developments by saying, “With the receipt of the exploration permit, and amendment to the farwell and burchell options, we are well placed to move forward generating value for our shareholders,””I’d also like to thank our consultants, fleet street, for their service for which we have agreed to issue 35,000,000 common shares.” Bold Ventures Inc. is a TSXV listed mining exploration company focused on the discovery of new gold deposits in the Whitehorse Mining Division of Yukon Territory, Canada. It is currently focused on its Traxxin Gold Property, including a preliminary 3,000 meter drilling program. In addition, the Company has option agreements to two properties in the Farwell and Burchell area, where current sampling results show promise for gold viability. It’s encouraging to see that Bold Ventures is continuing to make progress with the exploration and development of the Traxxin Gold Property. With the amendments to the Farwell and Burchell Property option agreements, it is clear that the Company is focused on making the most efficient use of its resources and, with the issuance of common shares for services, shows that it is dedicated to developing successful partnerships. Shareholders should continue watching the Company as it progresses with its exploration and development plans in the near future.