Bold Capital Enterprises Ltd. announced a non-brokered private placement of common shares for minimum gross proceeds of CAD 100,000 and maximum gross proceeds of up to CAD 1,000,000 on October 28, 2021. The issue price per share will be determined after the resumption of trading and is expected to be based upon the 10-day volume weighted average price of the common shares on the Exchange, subject to a minimum issue price of CAD 0.05. The final issue price and size of the offering will be confirmed in a subsequent press release.

The offering is subject to the approval of the TSX Venture Exchange. All common shares issued pursuant to the offering will be subject to such restrictions on resale pursuant to applicable securities laws and the policies of the TSX Venture Exchange.