Bold Ventures Inc. (TSXV:BOL) acquired 100% interest in the Wilcorp Gold Project for CAD 0.03 million on August 3, 2022. The transaction is subject to TSX Venture Exchange approval. The consideration comprises of a cash payment of CAD 0.02 million and 100,000 common shares of Bold. The vendor retains a 2% Net Smelter Royalty, of which Bold may purchase 1.5% for CAD 0.75 million leaving the vendor with 0.5% NSR. The original option agreement, as amended, required annual payments of CAD 0.08 million cash and a payment of CAD 0.1 million to acquire a 100% interest, subject to a 2% NSR in favor of the vendor.

Bold Ventures Inc. (TSXV:BOL) completed the acquisition of 100% interest in the Wilcorp Gold Project on August 3, 2022.