Naughty Ventures Closes Private Placement of Flow-Through Units

Core Viewpoint - Naughty Ventures Corp. has successfully closed a non-brokered private placement financing, raising a total of $200,000 through the issuance of 2,000,000 flow-through units at a price of $0.10 per unit [1]. Group 1: Financing Details - The private placement consists of 2,000,000 flow-through units, each unit comprising one common share and one transferable common share purchase warrant [1]. - Each warrant allows the holder to purchase one common share at a price of C$0.15 for a period of 36 months from issuance [1]. - The securities issued in this offering are subject to a statutory hold period until May 30, 2026 [1]. Group 2: Insider Participation - Mr. Blair Naughty, the CEO and President of the Company, subscribed for the entire private placement, increasing his equity stake from 20.93% to approximately 22.95% [2]. - Mr. Naughty's participation is classified as a related-party transaction, and the Company is relying on exemptions from minority shareholder approval and formal valuation requirements [3]. Group 3: Use of Proceeds - The proceeds from the sale of flow-through units will be allocated to eligible Canadian exploration expenses on the Company's mineral properties, with expenditures renounced to the subscriber effective December 31, 2026 [4]. Group 4: Company Overview - Naughty Ventures Corp. is a Canadian venture investment and mineral exploration company focused on early-stage mineral projects with significant discovery potential [5]. - The Company aims to acquire, develop, and strategically position mineral assets with strong value potential, as well as invest in private and public companies with high growth potential [5].