Naughty Ventures Completes Sale of Hydrogen Assets to Rev Exploration Corp.
Rhea-AI Summary
Naughty Ventures (OTC: BADVF) completed the sale of its hydrogen-related assets in Quebec and Ontario to Rev Exploration (CSE: REVX) on January 13, 2026. In exchange, Naughty Ventures received 500,000 common shares of Rev Exploration. The company said the share consideration preserves exposure to the project while allowing Naughty Ventures to focus on other projects and pursue strategic transactions.
The received Rev Exploration shares are subject to applicable securities laws and resale restrictions. The company also confirmed that no finder's fees were paid in connection with the transaction.
Positive
- Received 500,000 Rev Exploration common shares as consideration
- Maintains equity exposure to hydrogen assets via Rev Exploration shares
- Frees management to focus on advancing other projects and strategic deals
Negative
- Consideration was shares, not cash, creating valuation uncertainty for proceeds
- Received shares are subject to securities law resale restrictions
News Market Reaction – BADVF
On the day this news was published, BADVF declined 2.41%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - Naughty Ventures Corp. (CSE: BAD) (FSE: 5DE0) (OTC Pink: BADVF) ("Naughty Ventures" or the "Company") is pleased to announce that it has completed its previously announced agreement with Rev Exploration Corp. ("Rev Exploration") (CSE: REVX).
Pursuant to the agreement, Naughty Ventures has sold its hydrogen-related assets located in Quebec and Ontario to Rev Exploration. In consideration for the transaction, 500,000 common shares of Rev Exploration Corp. have been issued to Naughty Ventures.
Blair Naughty, CEO of Naughty Ventures, commented:
"We are pleased to complete this transaction with Rev Exploration. We believe Rev Exploration, with its specific focus and expertise in the hydrogen sector, is well positioned to advance these assets. This transaction allows Naughty Ventures to maintain exposure to the project through equity ownership while we continue to focus on advancing our other projects and pursuing additional strategic transactions."
The Company notes that the shares of Rev Exploration received are subject to applicable securities laws and any applicable resale restrictions.
No finder's fees were paid in connection with the transaction.
About Naughty Ventures
Naughty Ventures Corp. is a Canadian venture investment and mineral exploration company focused on early-stage mineral projects with significant discovery potential. Naughty Ventures is 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. The Company is committed to identifying and advancing the world's next great mineral assets.
Naughty Ventures Corp. - BAD Come to Find the World's Next Mine.
On Behalf of the Board of Directors,
"Blair Naughty"
CEO and President
For further details, please contact:
Email: info@naughtyventures.com
Phone: 604-346-7613 or 604-341-6870 Office
Website: https://naughtyventures.com/
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280236
FAQ
What did Naughty Ventures (BADVF) receive from the sale of its hydrogen assets on January 13, 2026?
Which assets did Naughty Ventures sell to Rev Exploration (REVX)?
Are the Rev Exploration shares received by Naughty Ventures immediately tradable?
Did Naughty Ventures pay any finder’s fees for the Rev Exploration transaction?
How does the transaction affect Naughty Ventures’ business focus?
