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Two Blokes Jul 26 -
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Vancouver, British Columbia – July 25, 2025 – TheNewswire – Bolt Metals Corp. (“Bolt” or the “Company”) (TSXV: BOLT) (OTCQB: PCRCF) (FSE: A3D8AK) , announces it has entered into debt settlement agreements (the “ Settlement Agreements ”) to settle outstanding debts owed to certain arm's length creditors (the “ Creditors ”) totaling an aggregate of CAD $117,535.00 (the “ Debt Settlement ”). Pursuant to the Settlement Agreements, the Company has agreed to issue an aggregate of 11,753,500 common shares (“ Shares ”) at a deemed price of CAD $0.01 per Share. All Shares issued pursuant to the Settlement Agreements will be subject to a four (4) month and one (1) day hold period, pursuant to National Instrument 45-106 – Prospectus Exemptions. The board of directors of the Company determined that it is in the best interests of the Company to complete the Debt Settlement in order to preserve the Company's cash for working capital.
