Mr. Blair Naughty of Naughty Ventures reports

NAUGHTY VENTURES CORP. TO ACQUIRE LORD BARON PROPERTY FROM SORRENTO RESOURCES

Naughty Ventures Corp. and Sorrento Resources Ltd. have entered into an arm's-length mineral property purchase agreement dated Oct. 16, 2025, pursuant to which Naughty Ventures has agreed to acquire a 100-per-cent undivided interest in Sorrento's Lord Baron property, subject to an existing underlying 2-per-cent net smelter return royalty. The acquisition of the Lord Baron property provides Naughty Ventures with an additional, near-term exploration opportunity.

Blair Naughty, chief executive officer of Naughty Ventures, commented, "We know the Lord Baron property well; it's a compelling opportunity and we are excited to advance it this year."

Details of the purchase agreement

Pursuant to the purchase agreement, Naughty Ventures will acquire an undivided 100-per-cent interest in and to the Lord Baron property in consideration for issuing one million common shares in the capital of Naughty Ventures at a deemed price of 18 cents per share, subject to the NSR royalty. The shares will be subject to a statutory four-month-and-one-day hold period from the date of issuance.

Closing of the acquisition remains subject to, without limitation, receiving all necessary consents and approvals, including the approval of the Canadian Securities Exchange, as well as the satisfaction of customary closing conditions. The companies expect to complete the acquisition in the coming weeks.

In connection with the acquisition, Sorrento has agreed to pay a finder's fee equal to 100,000 Sorrento shares to Kluane Capital FZCO upon closing of the acquisition.

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.), holds an interest in the York Harbour copper-zinc project and owns the high-grade Bottom Brook rare earth property. 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.

About Sorrento Resources Ltd.

Sorrento is engaged in acquisition, exploration and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious and base metal properties of merit, including the Wing Pond, Lord Baron, the PEG lithium project and the Harmsworth (volcanogenic massive sulphide) project, all located in Newfoundland.

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