TORONTO, ONTARIO--(Marketwired - Jan 4, 2016) - Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold" or the "Company") is pleased to announce that Ms. Tracy Armstrong, P.Geo. has joined the Bold Ventures advisory Board and will act as QP for the company's Quebec projects.

Tracy Armstrong is a professional geologist with 30 years experience in mineral exploration and project management including pre-production and production phases of underground and open pit mining. Her experience includes gold, base metals, Ni-Cu-PGE and chromite deposits.

Ms. Armstrong has been an independent consultant since 2004, and has acted in the capacity of QP for many junior mining companies. Ms. Armstrong has been on the Board of Directors of the Ordre des Géologues du Québec and the Québec Government - Industry Consulting Committee.

Ms. Armstrong replaces Robert Tremblay, P. Geo. who has acted as QP for the Company in Quebec since 2010 and has been a very valuable member of the exploration team. The company wishes to thank Robert for his many contributions and wish him the best in his future endeavors.

The Company also wishes to announce that an aggregate of 5,075,000 options to purchase common shares of Bold at $0.05 per share for five years, some of which replace expired unexercised options, have been granted to seven (7) directors, one (1) executive officer and nine (9) consultants of the Company pursuant to its stock option plan.

The grants are subject to acceptance by the TSX Venture Exchange.

Richard E. Nemis, President and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.