Bold Ventures Inc. (TSXV:BOL) announced a non-brokered private placement of 4,000,000 flow-through units at a price of CAD 0.05 per share for gross proceeds of CAD 200,000 on January 3, 2017. Each flow-through unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 0.12 per share until December 30, 2018. The securities issued are subject to a hold period expiring on May 1, 2017. The company has paid a cash finder's fee of CAD 10,000 to Gravitas Securities Inc. The company announced that TSX Venture Exchange has accepted filing documentation with respect to the transaction. The transaction included participation from a single placee.