NEWS RELEASE
PR2008-04
BOLD Ventures Appoints New President and Elects Two Additional Directors
Vancouver, BC (April 10, 2008) - Bold Ventures Inc. (TSX.V: BOL) (“Bold”) is pleased to
announce the appointment of Gary F. Zak as President & Chief Executive Officer. Mr. Zak brings
over 28 years providing Business Development management to public resource companies. He
has extensive experience in funding early stage companies, organizing management, corporate
and investor relations groups and has successfully completed several mergers and acquisitions.
The Company is also pleased to announce the appointments of Jerry Bulman and Chad Belenky
as Directors, which increases the board to six members. William E. Schmidt and Chris Dyakowski
were both re-elected as directors, and Mr. Kenneth Phillippe was re-elected as Chief Financial
Officer and Director. The Board regrets to announce that Brian Welch has resigned from the
Board to focus on other companies. We thank him for his service and wish him the best in his
other endeavors.
Bold wishes to thank David Rees and Brian Welch for their many years of dedicated service to the
Company. Mr. Rees and Mr. Welch were both founders of Bold and led the company in the
pursuit of mining exploration ventures that will continue to be pursued. The Board looks forward
to continued consultancy with Mr. Rees and Mr. Welch as the Company continues to move
ahead.
“Bold’s new project with Noront Resources in the McFaulds Lake area ‘Ring of Fire’ is going to be
an exciting exploration time for the company.” states Mr. Zak. “The Ring of Fire is quickly
becoming the most exciting exploration area in Canada, and Bold has a strategic position in the
centre of this exciting play. We have assembled a great team and while Dave and Brian will be
missed, I look forward to building on the base they have established.”
ABOUT THE NEW OFFICERS AND DIRECTORS
Mr. Gary F. Zak – President & CEO
Mr. Zak has been active for the past 28 years providing Business Development management to
public resource companies. He has extensive experience in funding early stage companies,
organizing management, corporate and investor relations groups and has successfully completed
several mergers and acquisitions. Mr. Zak has occupied senior management and/or Directorship
positions in various companies, including: Bold Ventures Inc, Forum Uranium Corp, Alto Ventures
Ltd, and Beaufield Consolidated Resources Inc.
Mr. Jerry Bulman - Director
Mr. Bulman is the CEO and founder of Parkvalley Consulting Ltd, a private company based in
Calgary, AB that provides consulting services to the resource sector. With over 30 years of senior
management experience, Mr. Bulman has been involved with the exploration and development of
a diverse range of projects. These include oil & gas, coal bed methane and oil sands
Suite 821 – 475 Howe Street
Vancouver, BC
Canada V6C 2B3
Tel: 604.630.8261
Fax: 604.630.1153
Email: info@boldventuresinc.com
www.boldventuresinc.com
developments, as well as several projects in the mining sector. In addition to his duties as CEO
of Parkvalley Consulting Ltd, Mr. Bulman is a Director of Molystar Resources Inc, Major Gold Ltd,
and Kernow Resources & Developments Ltd. Mr. Bulman currently provides Senior Consulting
services to two major international energy companies in support of their Arctic and North
American frontier exploration operations.
Mr. Chad S. Belenky – Director
Mr. Belenky is the President of Parkvalley Consulting Ltd., a private company based in Calgary,
AB that provides environmental consulting and project management services to the resource
industry. With a background in Land Resource Management, Mr. Belenky has more than 15 years
of energy and resource sector experience.
ABOUT BOLD VENTURES INC.
Bold Ventures is a Tier 2 natural resource company on the TSX Venture Exchange, trading
symbol BOL, with 11,750,000 shares issued to date. The Company’s main emphasis is on a
VMS/nickel/copper exploration property through an option agreement with Noront Resources Ltd.
in the McFaulds Lake “Ring of Fire” area of Northern Ontario. Bold has also acquired a 100%
undivided in interest in the Kentucky Lake copper/gold exploration property in the Nicola Mining
Division, located in British Columbia.
CAUTIONARY STATEMENT
No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein. This news release includes certain "forwardlooking
statements". All statements other than statements of historical fact included in this
release, including, without limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Bold, are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and results to differ materially from Bold's plans and
expectations as detailed herein and from time to time in the filings made by Bold with the TSX
Venture Exchange and securities regulators. Bold does not assume any obligation to update or
revise its forward-looking statements, whether as a result of new information, future events or
otherwise.
On behalf of the board of directors of Bold Ventures Inc.,
Gary F. Zak, Director
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this
release.
For more information, please contact:
BOLD Ventures Inc.
Gary F. Zak
Director
(604) 630-1162
E: info@boldventuresinc.com
W: www.boldventuresinc.com
or
BOLD Ventures Inc.
Sarah CJ Jones
Corporate Development
(604) 630-8261
E: info@boldventuresinc.com
W: www.boldventuresinc.com