Bold Ventures Issues Shares in Lieu of Option Payment and Updates By-Laws

Bold Ventures Inc. (TSX VENTURE:BOL) (the "Company") wishes to announce that it
has issued 126,263 Common shares valued at $0.099 per share in lieu of $12,500
of a $25,000 cash option payment due to the Optionee of four (4) patented mining
claims comprising the Wilcorp Property. The Common shares are subject to a hold
period ending on September 15, 2013.


The Company also wishes to announce that the Board of Directors has adopted a
new general By-Law Number 1-A ("2013 By-Law") which includes an advance notice
policy (the "Advance Notice Provisions") requiring advance notice to the Company
in circumstances where nominations of persons for election to the Board of
Directors are made by shareholders of the Company other than pursuant to: (i)
the requisition of a meeting, or (ii) a shareholder proposal, both made pursuant
to the provisions of the Business Corporations Act (Ontario) (the "Act").


Among other things, the Advance Notice Provisions fix a deadline by which
holders of record or beneficial holders of common shares of the Company must
submit director nominations to the Company prior to any annual or special
meeting of shareholders and set forth the information that a shareholder must
include in the notice to the Company. In the case of an annual meeting of
shareholders, notice to the Company must be provided not less than 30 days nor
more than 65 days prior to the date of the annual meeting.


In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Company must be provided no later than the close of
business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made.


The 2013 By-Law, which includes the Advance Notice Provisions, is effective as
of the date it was approved by the Board of Directors, being May 15, 2013. In
accordance with the Act, the 2013 By-Law is subject to confirmation by
shareholders at the Company's next Annual Meeting. The 2013 By-Law is available
under the Company's profile on SEDAR at www.sedar.com and can also be obtained
from the Company.


For more information, please visit www.boldventuresinc.com.

Richard E. Nemis, President and Chief Executive Officer

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