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Naughty Ventures Partners with Sorrento Resources to Advance REE Property

Story Highlights
  • Naughty Ventures enters an agreement with Sorrento to advance a rare earth property.
  • The deal allows Naughty Ventures to avoid dilution and become a major Sorrento shareholder.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Naughty Ventures Partners with Sorrento Resources to Advance REE Property

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York Harbour Metals Inc ( (TSE:BAD) ) has provided an update.

Naughty Ventures Corp. has entered into a strategic option agreement with Sorrento Resources Ltd. to advance the Bottom Brook rare earth element property in Newfoundland and Labrador. This agreement allows Naughty Ventures to become a significant shareholder of Sorrento, avoiding equity dilution and direct capital expenditure, while Sorrento will prioritize exploration of the property, potentially enhancing its portfolio and providing updates to its shareholders.

More about York Harbour Metals Inc

Average Trading Volume: 110,400

Technical Sentiment Signal: Hold

Current Market Cap: C$11.92M

For detailed information about BAD stock, go to TipRanks’ Stock Analysis page.

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