(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - October 17, 2025) - SORRENTO RESOURCES LTD. (CSE: SRS) (OTCQB: SRSLF) ("SORRENTO") AND NAUGHTY VENTURES CORP. (CSE: BAD) (OTC Pink: YORKF) (FSE: 5DE0) ( "NAUGHTY VENTURES") are excited to announce that they have entered into an arm's length mineral property purchase agreement (the " Purchase Agreement ") dated October 16^th, 2025, pursuant to which Naughty Ventures has agreed to acquire a 100% undivided interest in Sorrento's Lord Baron property (the " Lord Baron Property "), subject to an existing underlying 2% net smelter returns royalty (the " NSR ").

Alex Bugden, P.Geo, CEO, President, and Qualified Person of Sorrento Resources, commented:

"With the recent transformative acquisition of the Bottom Brook Rare Earth Element Project, Sorrento has decided to focus on both this project as well as the Rodgers Cove Gold Project. In order to not spread ourselves too thin, and do these properties justice, we felt it best to monetize the Lord Baron Project."

Blair Naughty, CEO of Naughty Ventures, commented:

"We know the Lord Baron Property well; it's a compelling opportunity and we are excited to advance it this year."

Details of the Purchase Agreement

Pursuant to the Purchase Agreement, Naughty Ventures will acquire an undivided 100% interest in and to the Lord Baron Property in consideration for issuing 1,000,000 common shares in the capital of Naughty Ventures (each, a " Share " and together, the " Shares "), at a deemed price of $0.18 per Share, subject to the NSR (the " Acquisition "). The Shares will be subject to a statutory four month and 1 day hold period from the date of issuance.

Closing of the Acquisition remains subject to, without limitation, receiving all necessary consents and approvals, including the approval of the Canadian Securities Exchange (the " CSE "), as well as the satisfaction of customary closing conditions. The Companies expect to complete the Acquisition in the coming weeks.

In connection with the Acquisition, Sorrento has agreed to pay a finder's fee equal to 100,000 Sorrento Shares to Kluane Capital FZCO upon closing of the Acquisition.

About Sorrento Resources Ltd.

Sorrento is engaged in acquisition, exploration, and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious and rare earth element, gold, and base metal properties of merit in including the Bottom Brook Project, Rodgers Cove Gold, and Harmsworth (VMS) project all located in Newfoundland.

About Naughty Ventures Corp.

Naughty Ventures Corp. is a Canadian exploration company 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. Naughty Ventures maintains a significant equity position in Mammoth Minerals Limited (formerly Firetail Resources Limited), holds an interest in the York Harbour copper-zinc project, and owns the high-grade Bottom Brook rare earth property. In addition, Naughty Ventures' investment activities may include the assembly of mineral exploration properties for resale or option, making investments in other mineral exploration companies, making investments in other public and private non-mineral focused companies, pursuing other promising investment opportunities and making other strategic investments.

On Behalf of the Board of Directors,

"Alex Bugden"
CEO, President, and Qualified Person

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