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Message: BOLD NR re Mineral Fields Financing
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Re: BOLD NR re Mineral Fields Financing - now closed

posted on Aug 14, 08 03:35PM

Bold closes $420,000 financing with MineralFields

2008-08-14 14:55 ET - News Release

Mr. Gary Zak reports

BOLD CLOSES FINANCING WITH MINERALFIELDS GROUP

On Aug. 7, 2008, Bold Ventures Inc. closed a non-brokered private placement in respect to which the company issued 1.2 million units (each unit consisting of one flow-through share and one-half non-flow-through warrant) at a price of 35 cents per unit to three placees. Six hundred thousand warrants will be exercisable for a period of 18 months from the closing of the private placement at a price of 40 cents per share. A finder's fee in the amount of 120,000 (of which 60,000 is issued Limited Market Dealer) non-flow-through options on the same terms as the units has been issued. A finder's fee in the amount of $33,600 is payable.

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