Bold Capital Enterprises Ltd. announced a non-brokered private placement of minimum 32,500,000 and maximum 45,000,000 units at a price of CAD 0.20 per unit for minimum gross proceeds of CAD 6,500,000 and maximum of CAD 9,000,000 on March 17, 2022. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of CAD 0.25 for first year and CAD 0.35 from second year.

The company may engage registered dealers or finders to assist in identifying eligible accredited investors and pay a commission in respect thereof. The final terms of the Private Placement are subject to change.