Naughty Ventures Corp. Announces Sale of Hydrogen Asset Portfolio to Rev Exploration Corp.

Core Viewpoint - Naughty Ventures Corp. has announced the sale of its hydrogen asset portfolio to Rev Exploration Corp., aligning with its strategy to collaborate with strong operators to unlock value while maintaining exposure to high-growth energy opportunities [1][2]. Group 1: Acquisition Details - The acquisition involves Rev Exploration purchasing Naughty Ventures' full portfolio of hydrogen assets located in Ontario and Quebec, which includes a 1.5% net smelter returns royalty on the property [2]. - As part of the agreement, Rev Exploration will issue 500,000 common shares to Naughty Ventures, which will be subject to a statutory hold period of four months and one day from the issuance date [2]. Group 2: Management Commentary - Blair Naughty, CEO of Naughty Ventures, expressed confidence in Rev Exploration's diverse asset portfolio, which provides exposure to the Chibougamau Gold Belt in Quebec and the natural hydrogen assets [3]. - The company anticipates completing the acquisition in the coming weeks, pending necessary consents and approvals, including from the Canadian Securities Exchange [3]. Group 3: Company Overview - Naughty Ventures Corp. is a Canadian exploration company focused on acquiring and developing mineral assets with strong value potential, as well as investing in companies with significant growth potential [4]. - The company holds interests in multiple exploration projects and strategic equity positions across Canada [4].