Bold Ventures Arranges $200,000 Private Placement

Vancouver, Canada, April 22, 2009 --(PR.com)-- BOLD Ventures Inc. (TSX.V: BOL). (“Bold” or the “Company”) is pleased to announce it is arranging a private placement of up to 2,000,000 Units (each unit consisting of one share and one warrant) at a price of $0.10 per Unit. Each warrant will be exercisable for a period of 24 months from the closing of the private placement.

Each warrant is exercisable into one share at 15 cents per share for a period one year after closing and 20 cents per share for the second year after closing. The funds raised pursuant to the offering will be used for working capital purposes. Shares issued pursuant to this private placement and shares that may be issued as a result of the exercise of any warrants attached to this private placement will be subject to a mandatory hold period of four months from completion of the private placement. A portion of this private placement will be subject to commissions or finders' fees in accordance with TSX Venture Exchange policy. This private placement remains subject to approval by the TSX Venture Exchange.

About Bold Ventures Inc.
Bold Ventures is a Tier 2 natural resource company on the TSX Venture Exchange, trading symbol BOL, with 11,750,000 shares issued to date. The Company’s main emphasis is on two Copper-Nickel exploration properties located in the McFaulds Lake “Ring of Fire” area of Northern Ontario. Bold has an option agreement with Noront Resources to acquire a 50% in the RING STAR NICKEL Project, as well as an option to earn a 50% interest in the WEST NICKEL project with Melkior Resources. BOLD has also acquired a 100% undivided in interest in the Kentucky Lake copper/gold exploration property in the Nicola Mining Division, located in British Columbia.

Cautionary Statement
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Bold, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and results to differ materially from Bold's plans and expectations as detailed herein and from time to time in the filings made by Bold with the TSX Venture Exchange and securities regulators. Bold does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

On behalf of the board of directors of Bold Ventures Inc.,
“William E. Schmidt’
William E. Schmidt, Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact:
BOLD Ventures Inc.
Gary F. Zak
President, CEO and Director
E: info@boldventuresinc.com
W: www.boldventuresinc.com
or
BOLD Ventures Inc.
Jamie Hyland
Corporate Development
E: jhyland@boldventuresinc.com
W: www.boldventuresinc.com

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