Mr. Blair Naughty reports
NAUGHTY VENTURES CLOSES STRATEGIC OPTION AGREEMENT WITH SORRENTO RESOURCES TO ADVANCE RARE EARTH ELEMENT PROPERTY
Further to its news releases dated Oct. 16, 2025, and Oct. 30, 2025, Naughty Ventures Corp. has closed on the amended and restated option agreement dated Oct. 29, 2025, for the sale to Sorrento Resources Ltd. of up to 100 per cent of Naughty Ventures' right, title and interest in and to certain mineral claims commonly known as the Bottom Brook rare earth element (REE) property located in the province of Newfoundland and Labrador.
Pursuant to the option agreement, Sorrento has issued nine million common shares to the company. The Sorrento shares bear a hold period of four months and one day, expiring on March 21, 2026.
About Naughty Ventures Corp.
Naughty Ventures is a Canadian exploration company focused on acquiring, developing and strategically positioning mineral assets with strong value potential as well as investing in private and public companies with significant potential, exceptional management and/or high growth potential that may be strategically positioned in the global market. Naughty Ventures maintains a significant equity position in Mammoth Minerals Ltd. (formerly Firetail Resources Ltd.), and holds an interest in the York Harbour copper-zinc project. In addition, Naughty Ventures' investment activities may include the assembly of mineral exploration properties for resale or option, making investments in other mineral exploration companies, making investments in other public and private non-mineral focused companies, pursuing other promising investment opportunities, and making other strategic investments.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.