Bold Ventures signs agreement to acquire six key claims aligned with its Joutel property, Quebec

Bold Ventures signs agreement to acquire six key claims aligned with its Joutel property, Quebec

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Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) (the “Company” or “Bold”) is pleased to announce that it has signed an agreement dated February 27, 2026 (the “Sale Agreement”) with 2099840 Ontario Inc. including Emerald Geological Services (“EGS”) to acquire 6 deployed mining claims (the “Additional Claims”) adjacent to its Joutel property, located 140 km northwest of Val d’Or, Quebec, in consideration for the issuance of 750,000 common shares of the Company to EGS (the “Transaction”). EGS is an independent party controlled by Bruce MacLachlan, President and COO of Bold, and Coleman Robertson, VP Exploration of Bold. The additional claims relate to multifaceted time domain geophysical anomalies (VTEMTM) from a 2012 study conducted on the Joutel property by Bold. Anomalous area 3B (see Figure 1) is associated with historic diamond drill hole intercepts of 0.83% nickel over 3.7 meters, including 1.27% nickel over 2.3 meters, as well as 0.51 g gold over 3.05 meters (see Figure 2). The Sales Agreement and Transaction are subject to the approval of the TSX Venture Exchange.

Bold CEO David Graham noted that “we are pleased to have reconstituted our Joutel claims. Our 2012 VTEM study outlined a number of anomalies that we believe are forward-looking for nickel (Ni), copper (Cu), zinc (Zn), gold (Au) and silver (Ag). We are excited to explore these anomalies to generate what we expect to be promising drill targets.”

Bruce MacLachlan, President and COO of Bold Ventures and President and CEO of EGS, said: “The proposed acquisition of the EGS claims is a major step forward for Bold’s Joutel project, which will be a consolidated land package of 58 claims, comprising 3,217 hectares, spanning numerous geophysical anomalies associated with known base and precious metal mineralization. We expect a ground geophysical survey this winter to better understand these geophysical anomalies. to be defined before the elections take place.”

The transaction is a related party transaction as EGS is an independent party controlled by Bruce MacLachlan and Coleman Robertson, two company insiders. The related party transaction is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (“MI 61-101“) pursuant to the exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, in that the fair market value of the consideration for the Company’s securities to be issued to EGS does not exceed 25% of its market capitalization.



Figure 1: Joutel ownership claims at VTEM 2012
T.M conductors.

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Figure 2: Historical intersections of diamond drill holes on EGS claims

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About the Joutel property

Bold Ventures Inc.’s Joutel Claims Group (“Bold“) is located approximately 140 km northwest of the city of Val d’Or, Québec, and 6 kilometers southeast of the historic mining town of Joutel, Québec, in the municipalities of Poirier and Dalet (see Figure 3). The property currently consists of 52 deployed claims.

The property area was previously worked by Bold in 2012, when Bold flew a versatile electromagnetic time domain (VTEM)T.M) research about the area. Bold dropped the additional claims in 2014 and the additional claims were acquired by EGS before Bruce MacLachlan and Coleman Robertson became Bold insiders. In the northern part of the current site, the 2012 survey identified anomalous area 3B, which is spatially associated with historical values ​​in the diamond drill core of 0.83% nickel over 3.7 meters, including 1.27% nickel over 2.3 meters, as well as 0.51 g/t gold over 3.05 meters (see Figure 1 And Figure 2). Historical holes also intersected anomalous copper and zinc. In the southern part of the site, where anomalous areas 3C and 3D were identified by the aerial survey, one borehole totaling 155 meters has been recorded in the Quebec borehole database (https://sigeom.mines.gouv.qc.ca).

Known deposits within 7 miles of the northern property line include the past-producing Joutel gold mine, the Poirier base metal mine, the Joutel copper deposit and the Explo-Zink base metal deposit (see Figure 3). For more information, please refer to the Joutel real estate information page on Bold’s website.

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Figure 3: Joutel properties near deposits

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The technical information contained in this press release has been reviewed and approved by Coleman Robertson, B.Sc., P. Geo., the company’s VP Exploration and a Qualified Person (QP) for the purposes of NI 43-101.

Bold Ventures management believes that our suite of exploration projects in batteries, critical metals and precious metals is an ideal combination of exploration potential that meets future demand. Our target goods consist of: Copper (Cu), Nickel (In), Pipe (Pb), Zinc (Zn), Gold (Ouch), Silver (Ag), platinum (Pt), Palladium (Pd) and chrome (Cr). The list of critical metals and a description of the provincial and federal electrification plans have been posted on the Bold website here.

About Bold Ventures Inc.

The company conducts precious, battery and critical metals research in Canada. Bold investigates properties in active gold and battery metal camps in the Thunder Bay and Wawa regions of Ontario. Bold also owns significant assets in and around the emerging multi-metal district called the Ring of Fire region, located in Northern Ontario’s James Bay Lowlands.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from the statements made. When used in this document, the words “may”, “could”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views regarding future events and are subject to such risks and uncertainties. There are many factors that could cause our actual results to differ materially from statements made, including those discussed in filings by us with Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as the actual results of current exploration programs, general risks associated with mining, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, materialize or should the assumptions underlying the forward-looking statements prove incorrect, actual results may differ materially from those described herein as intended, planned, anticipated or anticipated. We do not intend and assume no obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to place undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISTRIBUTION
IN THE UNITED STATES

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