Naughty Ventures Corp. Announces Acquisition of Non-Voting Preferred Shares of Freeport Recovery Group Inc.

Executive Summary

• Naughty Ventures Corp. subscribed for 2,500,000 non‑voting preferred shares of Freeport Recovery Group Inc. at $0.10 per share, investing a total of $250,000.
• The investment aligns with the company’s strategy to allocate capital to high‑growth, non‑mineral businesses and reflects confidence in Freeport’s recovery‑based operations.
• CEO Blair Naughty also made a personal matching investment of $250,000 through his private corporation, Canal Front Investments.

Key Details

• Subscription agreement for 2,500,000 non‑voting preferred shares of Freeport Recovery Group Inc.
• Purchase price: $0.10 per share; total cash outlay: $250,000.
• Shares are non‑voting and carry no immediate dilution to existing shareholders.
• Investment purpose: strategic diversification into recovery‑based businesses with scalable cash‑flow potential.
• CEO Blair Naughty’s personal investment of $250,000 through Canal Front Investments matches the company’s subscription amount.
• No additional capital was deployed at this time due to allocation considerations and exchange requirements.

Notable Quotes

“This investment reflects our continued focus on disciplined capital allocation and strategic investments outside of traditional mineral exploration.” – Blair Naughty, CEO & President, Naughty Ventures Corp.

The release contains no forward‑looking statements or boilerplate beyond the factual announcement.