Northwire Canada EditionFriday, July 31, 2026
Northwire
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M&A / Property

Naughty acquires 1.8 million Cayenne Copper shares

BAD · Price

Executive Summary

  • Naughty Ventures Corp. completed a strategic investment in Cayenne Copper Ltd., acquiring a 0.5% ownership stake.
  • The investment provides Naughty Ventures with exposure to a high-grade copper project in eastern Malaysia, which has confirmed high-grade, laterally continuous copper systems with cobalt and precious metal credits through initial drilling.
  • Cayenne Copper is a private exploration company targeting a public listing (go-public event) in 2026.

Key Details

  • Investment Structure: Naughty Ventures acquired 1.8 million shares in Cayenne Copper Ltd.
  • Investment Value: 270,000 pounds sterling (approximately $500,000).
  • Ownership Stake: Approximately 0.5% of Cayenne Copper Ltd.
  • Target Company: Cayenne Copper Ltd., a private exploration company led by CEO James Rogers.
  • Project Location: Eastern Malaysia.
  • Asset Details: Cayenne Copper holds a 70% interest in a 10,000-hectare exploration licence.
  • Geological Findings: The project features a major at-surface copper showing of volcanogenic origin. Initial drilling has confirmed an unusually high-grade, laterally continuous copper system with strong cobalt and precious metal credits.
  • Future Plans: Cayenne Copper is targeting a public listing in 2026.

Notable Quotes

  • "We are extremely pleased to be afforded the opportunity to participate in such an exceptional project alongside the Cayenne Copper team. The grade profile, geological setting and scale potential of this system are truly world-class. Our investment provides Naughty Ventures' shareholders exposure to what we believe could evolve into a globally significant copper discovery." — Blair Naughty, CEO of Naughty Ventures
Read the original news release →

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