Bolt Metals (TSXV:BOLT) Upsizes Private Placement to $6 Million

Vancouver, BC — January 9, 2026 — Leads & Copy — Bolt Metals Corp. has announced its intention to upsize its non-brokered private placement due to significant investor interest. The offering will increase from up to 12,903,225 special warrants to up to 19,354,838 special warrants, priced at $0.31 each, potentially raising gross proceeds from $4,000,000 to $6,000,000.

Each special warrant will automatically convert into one unit of the company upon the earlier of two dates: three business days after the filing of a prospectus supplement or four months and one day after the offering’s closing.

Each unit consists of one common share and one share purchase warrant. Each warrant allows the holder to purchase an additional share at an exercise price of $0.41 for two years from the closing date.

The warrants are subject to a ten percent blocker provision, restricting exercise if it would result in the security holder owning ten percent or more of the outstanding shares.

The company plans to use the net proceeds for operations, administrative costs, ongoing exploration activities, and general working capital. The offering is contingent upon customary conditions, including approval from the Canadian Securities Exchange.

The special warrants are expected to be issued under exemptions from prospectus requirements under Canadian securities laws. Securities issued under the offering will be subject to a four-month hold period from the closing date, in addition to any other applicable legal restrictions, prior to the filing of the prospectus supplement and automatic conversion of the special warrants.

The company may pay finder’s fees on the offering within the limits of the CSE’s policies.

Bolt Metals Corp. is a North American mineral acquisition and exploration company focused on the development of quality precious and base metal properties that are drill-ready with high-upside and expansion potential. Bolt trades on the CSE under the symbol BOLT, the OTC under the symbol PCRFC and in Germany under the WKN A3D8AK.

BOLT METALS CORP.

Zachary Kotowych, CEO and Director, 888-614-2658

For more information, please email info@boltmetals.com.

Source: Bolt Metals Corp.

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