00:09:00 EST Fri 12 Dec 2025
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Naughty Ventures Corp
Symbol BAD
Shares Issued 76,329,041
Close 2025-12-10 C$ 0.095
Market Cap C$ 7,251,259
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Naughty Ventures to acquire two claim blocks in Yukon

2025-12-10 17:11 ET - News Release

Mr. Blair Naughty reports

NAUGHTY VENTURES AGREED TO ACQUIRE "WHITE WOLF EAST" AND "WHITE WOLF WEST" CLAIM BLOCKS DIRECTLY ADJOINING PROSPECTOR METAL'S HIGH-GRADE ML DISCOVERY IN THE YUKON

Naughty Ventures Corp. has entered into a mineral property purchase agreement dated Dec. 9, 2025, with Babe Mining Ltd., an arm's-length party, pursuant to which Naughty Ventures has agreed to acquire two new claim blocks located in the territory of Yukon -- White Wolf East and White Wolf West. The two new claim blocks total 150 mineral claims strategically located on both sides of Prospector Minerals Corp.'s rapidly emerging high-grade ML project discovery.

The company acquired:

  • White Wolf West: 65 contiguous mineral claims directly adjoining Prospector's ML project to the west;
  • White Wolf East: 85 contiguous mineral claims directly adjoining Prospector's ML project to the east.

The acquisition positions Naughty Ventures as the only company holding ground directly flanking both sides of Prospector's newly identified high-grade system.

Prospector Minerals' 2025 discovery highlights:

  • September, 2025: new Skarn Ridge-Bueno corridor with 45.65 metres grading 2.11 grams per tonne gold plus 0.48 per cent copper;
  • October, 2025: major discovery at the Tess zone, with hole ML25-31 returning 44 metres of 13.79 g/t Au plus 1.84 per cent Cu, including a high-grade 24.65-metre subinterval;
  • Late October, 2025: additional drilling at Skarn Ridge produced standout intercepts of 61.45 g/t Au over 1.9 m, 4.64 g/t Au over 10 m, 2.97 g/t Au over 25 m and 141 g/t Au over 0.5 m;
  • November, 2025: a total of 39 drill holes confirmed the Tess zone as an open-ended gold-copper-silver system.

Adjacent property disclaimer

This news release includes references with respect to Prospector's ML project (the adjacent property), which is located near the property. The company advises that, notwithstanding their proximity of location, discoveries of minerals on the adjacent property and any promising results thereof are not necessarily indicative of the mineralization of or located on the property or the company's ability to commercially exploit the property or to locate any commercially exploitable deposits therefrom.

All technical information contained in this press release with respect to the adjacent property was provided by the sources noted in the references above without independent review and investigation by the company, and the company has relied on the information contained in the respective sources exclusively in providing the information about the adjacent property and any deposits therefrom. The company cautions investors on relying on this information as the company has not confirmed the accuracy or reliability of the information.

Blair Naughty, chief executive officer of Naughty Ventures, commented: "We have been closely monitoring the exceptional drill results announced by Prospector Minerals throughout the year. We believe their discoveries demonstrate a rapidly evolving mineralized system of significance. In our experience, the best place to make a new discovery is alongside an existing one. Acting pro-actively, we moved to establish the White Wolf East and White Wolf West claim blocks, securing the only contiguous land position directly adjoining both sides of this emerging high-grade trend. We believe this strategic acquisition provides Naughty Ventures' shareholders with meaningful exposure to what may shape up to be one of the Yukon's most exciting new exploration plays."

Pursuant to the agreement, Naughty Ventures will acquire the property in consideration for the payment of $40,000 and issuing 2.2 million common shares in the capital of Naughty Ventures at a deemed price of 8.5 cents per share to Babe Mining at the time of closing the acquisition. The shares will be subject to a statutory four-month-and-one-day hold period from the date of issuance.

The agreement prohibits Naughty Ventures or any affiliate of Naughty Ventures to acquire any additional minerals claims within a 100-kilometre radius from the outside boundaries of the property as they exist as of the date of the agreement unless the acquisition is made subject to the area of interest terms of the agreement. After an acquisition of additional property is complete and subject to the terms of the agreement, Babe Mining will reimburse Naughty Ventures or its affiliate for 110 per cent of the acquisition cost of any additional claims that Naughty Ventures acquires.

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. Naughty Ventures expects to complete the acquisition in the coming weeks.

About Naughty Ventures Corp.

Naughty Ventures is a Canadian mineral exploration company focused on acquiring and advancing high-potential projects in proven jurisdictions. The company's strategy emphasizes securing land positions adjacent to emerging discoveries and applying disciplined exploration to unlock value for shareholders.

Qualified person

The technical content of this news release has been reviewed and approved by Alex Bugden, PGeo, a qualified person under National Instrument 43-101.

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