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Naughty Ventures Sells Hydrogen Assets to Rev Exploration for Equity Stake

Story Highlights
  • Naughty Ventures completed the sale of its Quebec and Ontario hydrogen assets to Rev Exploration.
  • The company keeps hydrogen exposure via Rev shares while refocusing on core mineral projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Naughty Ventures Sells Hydrogen Assets to Rev Exploration for Equity Stake

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

Naughty Ventures Corp. has completed the sale of its hydrogen-related assets in Quebec and Ontario to Rev Exploration Corp., receiving 500,000 common shares of Rev Exploration as consideration. The deal enables Naughty Ventures to retain indirect exposure to the hydrogen assets through its equity stake in Rev Exploration, while sharpening its strategic focus on advancing its core mineral exploration portfolio and pursuing additional strategic transactions, underscoring a shift away from direct hydrogen asset ownership toward its primary mining and investment 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 acquires, develops and strategically positions mineral assets with strong value prospects, while also investing in private and public companies with high growth potential and strong management teams that may be well placed in global markets.

Average Trading Volume: 130,292

Technical Sentiment Signal: Buy

Current Market Cap: C$11.07M

Learn more about BAD stock on TipRanks’ Stock Analysis page.

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