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Naughty Ventures Raises $200,000 in Flow-Through Financing Fully Subscribed by CEO

Story Highlights
  • Naughty Ventures closed a $200,000 flow-through private placement to fund Canadian mineral exploration.
  • CEO Blair Naughty subscribed for the entire financing, raising his ownership stake to about 22.95 percent.
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Naughty Ventures Raises $200,000 in Flow-Through Financing Fully Subscribed by CEO

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The latest update is out from York Harbour Metals Inc ( (TSE:BAD) ).

Naughty Ventures Corp. has closed a non-brokered private placement of 2,000,000 flow-through units at $0.10 per unit, raising gross proceeds of $200,000 to fund eligible Canadian exploration expenses on its mineral properties, with associated tax benefits to be renounced effective December 31, 2026. The entire financing was subscribed for by CEO and President Blair Naughty, increasing his equity stake from 20.93% to approximately 22.95%, in a related-party transaction conducted under exemptions from minority approval and valuation requirements, underscoring management’s financial commitment to the company’s exploration-led growth strategy.

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 prospects, while also investing in private and public companies that demonstrate strong management and high growth potential in the global market.

Average Trading Volume: 115,766

Technical Sentiment Signal: Hold

Current Market Cap: C$10.3M

For an in-depth examination of BAD stock, go to TipRanks’ Overview page.

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