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The latest update is out from York Harbour Metals Inc ( (TSE:BAD) ).
Naughty Ventures Corp. has announced a non-brokered private placement of 2,000,000 flow-through units at $0.10 per unit to raise $200,000, with each unit comprising one flow-through share and one transferable warrant exercisable at $0.15 for 36 months. Chief executive and president Blair Naughty will subscribe for the entire financing, increasing his equity stake from 20.93% to approximately 22.95%; the insider participation is being conducted under related-party transaction rules but falls within exemptions that avoid minority shareholder approval and formal valuation requirements, and the proceeds will fund eligible Canadian exploration expenses on the company’s mineral properties, reinforcing its capital base for advancing early-stage exploration activities.
More about York Harbour Metals Inc
Naughty Ventures Corp. is a Canadian venture investment and mineral exploration company focused on early-stage mineral projects with significant discovery potential. The company seeks to acquire, develop and strategically position mineral assets with strong value potential, while also investing in private and public companies that exhibit significant growth prospects, strong management and strategic positioning in global markets.
Average Trading Volume: 124,478
Technical Sentiment Signal: Buy
Current Market Cap: C$8.78M
See more insights into BAD stock on TipRanks’ Stock Analysis page.