BOL Bold Ventures Inc

Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold" or the "Company") is pleased to
announce that further to the press release of June 27, 2014, it has closed the
first tranche of a brokered private placement (the "Offering") with the sale of
7,692,308 flow-through units ("FT Units") and 409,712 working capital units ("WC
Units") for gross proceeds of $526,631.30. IBK Capital Corp. (the "Agent") acted
as Agent for the Offering.


Proceeds from the Offering will be used to fund exploration on the Company's Lac
Surprise Property in Quebec, under option from Northern Superior Resources Inc.


Each FT Unit consists of one (1) flow-through common share of the Company priced
at $0.065 per FT Unit and one (1) common share purchase warrant (each a
"Warrant"). Each Warrant entitles the holder to acquire one (1) common share at
a price of $0.10 until four (4) years from closing.


Each WC Unit consists of one (1) common share of the Company priced at $0.065
per WC Unit and one (1) common share purchase warrant (each a "WC Warrant").
Each WC Warrant entitles the holder to acquire one (1) common share at a price
of $0.10 per common share until four (4) years from closing.


The Agent received a cash commission of $42,130.50 and 648,162 broker warrants
("Broker Warrants") to acquire WC Units at a price of $0.065 per Broker Warrant
for a period of four (4) years from closing.


All securities issued are subject to a hold period expiring on November 11, 2014.

The Company plans to close the balance of the Offering within a week.

Richard E. Nemis, President and Chief Executive Officer

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.


Forward-Looking Statements: This Press Release contains forward-looking
statements that involve risks and uncertainties, which may cause actual results
to differ materially from the statements made. When used in this document, the
words "may", "would", "could", "will", "intend", "plan", "anticipate",
"believe", "estimate", "expect" and similar expressions are intended to identify
forward-looking statements. Such statements reflect our current views with
respect to future events and are subject to such risks and uncertainties. Many
factors could cause our actual results to differ materially from the statements
made, including those factors discussed in filings made by us with the Canadian
securities regulatory authorities. Should one or more of these risks and
uncertainties, such actual results of current exploration programs, the general
risks associated with the mining industry, the price of gold and other metals,
currency and interest rate fluctuations, increased competition and general
economic and market factors, occur or should assumptions underlying the forward
looking statements prove incorrect, actual results may vary materially from
those described herein as intended, planned, anticipated, or expected. We do not
intend and do not assume any obligation to update these forward-looking
statements, except as required by law. Shareholders are cautioned not to put
undue reliance on such forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bold Ventures Inc.
Richard E. Nemis
President and Chief Executive Officer
416-864-1456

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