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Two Blokes Jun 12 -
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Vancouver, British Columbia – TheNewswire – June 11, 2025 – Bolt Metals Corp. (“Bolt” or the “Company”) (TSXV: BOLT) (OTCQB: PCRCF) (FSE: A3D8AK) , announces that it has completed its previously announced debt settlement agreement (the “ Settlement Agreement ”) to settle outstanding debts owed to an arm's length creditor (the “ Creditor ”) totaling CAD $33,500.00 (the “ Debt Settlement ”). Pursuant to the Settlement Agreement, the Company has issued an aggregate of 3,722,222 common shares in the capital of the Company (the “ Shares ”) at a deemed price of CAD $0.009 per Share. The Shares issued pursuant to the Settlement Agreement are subject to a four month and one day hold period, pursuant to National Instrument 45-106 – Prospectus Exemptions . The board of directors of the Company determined that it was in the best interests of the Company to complete the Debt Settlement in order to preserve the Company's cash for working capital.
