Mr. Blair Naughty reports

NAUGHTY VENTURES LAUNCHES MAIDEN EXPLORATION PROGRAM AT GREEN LIGHTNING

Naughty Ventures Corp. has launched its maiden exploration program at its Green Lightning lithium project, a 7,207-hectare claim package strategically located in the Frotet-Evans greenstone belt of Quebec, directly adjoining Q2 Metals Corp.'s Cisco lithium project -- one of the most significant hard-rock lithium discoveries in Canada.

The Green Lightning property is situated within the Eeyou Istchee James Bay territory and benefits from year-round ground access through the Billy Diamond Highway and the regional forestry road network. The CN rail terminus at Matagami lies approximately 150 kilometres to the south, providing logistical connectivity to the Becancour battery materials hub. The company has engaged VoiseyScore Geoscience Inc. to lead the exploration program and to co-ordinate the National Instrument 43-101 technical report supporting the property.

Strategic position adjacent to a significant lithium discovery

The Green Lightning lithium project directly adjoins the eastern boundary of Q2 Metals Corp.'s Cisco lithium project. On April 20, 2026, Q2 Metals announced an inaugural inferred mineral resource estimate at Cisco of 295 million tonnes at 1.36 per cent Li2O (lithium oxide). The Cisco mineralized zone extends over 1.5 kilometres of strike length and remains open at depth and along strike.

The broader Frotet-Evans greenstone belt is a recognized lithium-bearing pegmatite province, also hosting the Sirmac and Moblan lithium deposits, and is endowed with multiple commodity systems, including:

• Lithium: Cisco (Q2 Metals), Sirmac and Moblan pegmatite deposits;
• Gold: Sumitomo-Kenorland Minerals' Regnault deposit (14.5 million tonnes at 5.47 grams per tonne gold for 2.55 million ounces inferred, December, 2025) and the past-producing Troilus gold-copper mine;
• Rare earth elements: the Montviel carbonatite complex (Geomega Resources Inc.), which hosts a historical estimate of 82.4 million tonnes indicated grading 1.51 per cent TREO (total rare earth oxides) and 184.2 million tonnes inferred grading 1.43 per cent TREO (see "Historical estimate -- Montviel carbonatite complex" below);
• Nickel-copper: multiple nickel-copper occurrences associated with mafic-ultramafic intrusions throughout the belt;
• Zinc: the Matagami VMS (volcanogenic massive sulphide) camp to the south, one of Canada's historic zinc districts.

The company cautions that the mineral deposits, mineral resources, mineral occurrences, past production and exploration results described above in respect of the Cisco, Sirmac, Moblan, Regnault, Troilus, Montviel and Matagami properties and of the broader Frotet-Evans greenstone belt occur on adjacent or nearby properties in which the company has no right, title or interest. Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization on the Green Lightning lithium project.

Green Lightning exploration program

The planned program is designed to systematically evaluate and advance the Green Lightning claims using proven and modern exploration techniques to generate ranked exploration targets with an accompanying NI 43-101 technical report, qualifying as $150,000 of CSE (Canadian Securities Exchange ) exploration expenditure:

• Phase 1 -- exploration data compilation and geological analysis and modelling: compilation and modern reprocessing of available geological raw data (Sigeom data sets, assessment reports, regional prospect data, airborne magnetic and EM (electromagnetic) grids); lidar acquisition and interpretation for outcrop probability and structural lineament extraction, satellite-based mapping (Sentinel-2, Aster, Alos Palsar), satellite-derived gas estimation for pathfinder signatures beneath glacial cover, integrated structural synthesis, and AI/ML (artificial intelligence/machine learning) prospectivity modelling against known regional pegmatite and gold occurrences;
• Phase 2 -- bottom-of-till verification: Targeted prospecting and till-bedrock interface sampling at the highest-ranked targets, subject to budget remaining after phase 1 desktop workstreams;
• Program completion -- ranked drill-ready target generation, 3-D target model with drill target recommendations and NI 43-101 technical report submission.

Qualified person

The technical content of this news release has been reviewed and approved by Clyde McMillan, PGeo (OGQ No. 02193), principal geologist of VoiseyScore Geoscience and a qualified person under NI 43-101. Mr. McMillan is independent of Naughty Ventures.

About Naughty Ventures Corp.

Naughty Ventures is a Canadian venture investment and mineral exploration company focused on early-stage mineral projects with significant discovery potential. Naughty Ventures is 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. The company is committed to identifying and advancing the world's next great mineral assets.

Historical estimate -- Montviel carbonatite complex

The Montviel figures above are a historical estimate under NI 43-101, from the "NI 43-101 Technical Report, Montviel Rare Earth Project, Quebec, Canada" (effective June 15, 2015), prepared for Geomega Resources by independent qualified persons E. Belzile, R. Marchand and A. Bouajila of Belzile Solutions Inc. and G Mining Services Inc. (Belzile, Marchand and Bouajila, 2015; filed on SEDAR+). It reported 82.4 million tonnes indicated at 1.51 per cent TREO and 184.2 million tonnes inferred at 1.43 per cent TREO at an economic cut-off of $180 (Canadian) per tonne, classified under the CIM (Canadian Institute of Mining, Metallurgy and Petroleum) Definition Standards (2014), and is the most recent estimate, superseding the Sept. 29, 2011, SGS Canada Inc. estimate (183.9 million tonnes indicated at 1.45 per cent TREO and 66.7 million tonnes inferred at 1.46 per cent TREO). The company's qualified person has not reviewed the underlying data and cannot confirm the categories conform to current CIM standards; the estimate is relevant only as a general indication of regional carbonatite REE (rare earth element) endowment on a property in which the company has no interest, and its reliability is not independently verified. Upgrading it to a current mineral resource would require obtaining and validating the drilling, sampling, assay and quality assurance/quality control data and re-estimating under NI 43-101. A qualified person has not done sufficient work to classify it as a current mineral resource, and the company is not treating it as current.

We seek Safe Harbor.