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Bold Ventures sells 38 mining claims to Gold X2 for C$500K cash plus shares and royalties.

Company Fundamentals
21 Sep 2026
Newsfile Corp
View Source
Bullish
Bold Ventures sells 38 mining claims to Gold X2 for C$500K cash plus shares and royalties.

Bold Ventures has signed a Letter of Intent to sell 38 mining claims on its Burchell Property to Gold X2 Mining for C$500,000 cash, 150,000 Gold X2 shares valued at about C$1.25 million, and a 2% royalty on critical minerals mined (excluding copper). The claims cover 6.5 km² and include historical gold and rare earth mineral occurrences. Bold retains most of the Burchell project and plans further exploration on copper, zinc, and gold targets. The deal aims to strengthen Bold's cash position without dilution while maintaining upside through royalties and ongoing exploration. The transaction awaits final agreements and TSX Venture Exchange approval.

Bold Ventures and Gold X2's mining claims deal is presented here with Basic Materials sector data from Pluang as of Sep 21, 2026 18:51 WIB. Of 34 priced US Basic Materials stocks on Pluang, 24 advanced and 7 declined. Notable movers include LYB at USD 61.31 with a -0.97% change, DOW at USD 28.46 down 0.94%, and DD at USD 130.00 up 0.77%, with LYB showing a typical hold time of 84 days.

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