Naughty Ventures Corp. to Acquire Lord Baron Property from Sorrento Resources

Core Points - Naughty Ventures Corp. has entered into a purchase agreement to acquire a 100% undivided interest in Sorrento Resources' Lord Baron property, which is expected to provide a near-term exploration opportunity [1][2] - The acquisition will be completed through the issuance of 1,000,000 common shares at a deemed price of $0.18 per share, subject to a 2% net smelter returns royalty [2][3] - The closing of the acquisition is contingent upon receiving necessary consents and approvals, including from the Canadian Securities Exchange [3] Company Overview: Naughty Ventures Corp. - Naughty Ventures is a Canadian exploration company focused on acquiring and developing mineral assets with strong value potential [4] - The company holds significant equity positions in Mammoth Minerals Limited and has interests in various mineral projects, including the York Harbour copper-zinc project and the Bottom Brook rare earth property [4] Company Overview: Sorrento Resources Ltd. - Sorrento Resources is engaged in the acquisition, exploration, and development of mineral property assets in Canada, with a focus on economic precious and base metal properties [5] - Key projects include the Wing Pond, Lord Baron, PEG lithium project, and Harmsworth (VMS) project, all located in Newfoundland [5]