BOLT:CC - Bolt Metals Closes $600,000 Non-Brokered Private Placement
(TheNewswire)
Vancouver, British Columbia – October 10, 2025 – TheNewswire - Bolt MetalsCorp. (“Bolt” or the “Company”) (TSXV: BOLT) (OTCQB: PCRCF)(FSE: A3D8AK) , is pleased to announce that,further to its press release disseminated on September 29, 2025, ithas closed its previously announced non-brokered private placement(the “ Offering ”) of common shares.
Under the Offering, the Company issued an aggregate of46,184,614 common shares at a price of $0.013 per share for grossproceeds of $600,399.98. The securities issued under the Offering aresubject to a statutory hold period of four (4) months and one (1) dayfrom the date of issuance and to applicable resale restrictions underCanadian securities laws and the policies of the Canadian SecuritiesExchange (the “ CSE ”). The Company intends to use the netproceeds of the Offering for general working capital purposes.
No finder’s fees were paid in connection with theOffering. Insider participation was not anticipated and did not occur.The proceeds from the Offering will be used for general workingcapital.
About Bolt Metals Corp.
Bolt Metals Corp. is a North American mineralacquisition and exploration company focused on the development ofquality precious and base metal properties that are drill-ready withhigh-upside and expansion potential. Bolt trades on the CSE Exchangeunder the symbol BOLT, the OTCQB Exchange under the symbol PCRFC andin Germany under the WKN A3D8AK.
Bolt Metals Corp.
Zachary Kotowych – CEO and Director
1-800-614-BOLT (2658)
Reader Advisory
This news release contains statements that constitute“forward-looking information” within the meaning of applicableCanadian securities laws. The words “may”, “could”,“will”, “intend”, “plan”, “anticipate”, “believe”,“estimate”, “expect”, and similar expressions are intended toidentify forward-looking information. Forward-looking information inthis news release includes, but is not limited to, statementsregarding the intended use of proceeds from the Offering, theCompany’s exploration and development plans, future businessobjectives, and potential opportunities related to its mineralprojects. Forward-looking information is based on a number ofassumptions that management believes to be reasonable at the time suchstatements are made, including assumptions regarding marketconditions, commodity prices, exploration results, and the Company’sability to achieve its business and financing objectives.Forward-looking information is subject to known and unknown risks,uncertainties, and other factors that may cause actual results todiffer materially from those expressed or implied by suchforward-looking information. Such risks include, but are not limitedto, general business, economic, competitive, political, and socialuncertainties; market volatility; exploration and development risks;regulatory risks; and other risks described in the Company’s publicfilings available under its profile on SEDAR+. Readers are cautionednot to place undue reliance on forward-looking information. Except asrequired by applicable securities laws, the Company undertakes no obligation to update or revise anyforward-looking information, whether as a result of new information,future events, or otherwise.
The Canadian Securities Exchange has not approved ordisapproved this news release.
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