Bold Ventures Increases Private Placement to $500,000

Suite 430-580 Hornby Street Vancouver, BC Canada V6C 3B6 Tel: 604.802.7551 Fax: 604.687.0586 Email: [email protected] www.boldventuresinc.com

TSX.V: BOL

Bold Ventures Increases Private Placement to $500,000

Vancouver, BC (April 27, 2010) - BOLD Ventures Inc. (TSX.V: BOL). (“Bold” or the “Company”) announces that it has closed the second tranche of its private placement announced on February 22, 2010 as amended on April 1, 2010.

The Company has issued 3,700,000 shares and 1,850,000 warrants to purchase 1,850,000 shares at a warrant exercise price of $0.15 per share up to April 19, 2011 and at an exercise price of $0.20 per share for the period April 20, 2011 to April 19, 2012.

All of the said shares are subject to a hold period expiry on August 19, 2010.

BOLD VENTURES INC.

On behalf of the board of directors of Bold Ventures Inc.,

“W.E. Schmidt”

William E. Schmidt, Director

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

For more information, please contact:

BOLD Ventures Inc.

Gary F. Zak President & CEO (604) 802-7551 E: [email protected] W: www.boldventuresinc.com