Northwire Canada EditionSaturday, November 14, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1%
Other

Naughty acquires nine million Sorrento shares

By The Northwire Desk — AI Analysis Nov 27, 2025 · 04:36 SRS · 0.225 Sorrento Resources Ltd
SRS · Price

Executive Summary

  • Naughty Ventures Corp. acquired 9 million common shares of Sorrento Resources Ltd., representing a 17.25% ownership stake.
  • The acquisition was executed at $0.25 per share under an amended and restated option agreement dated October 29, 2025.
  • An Early Warning Report has been filed with the securities regulators in accordance with NI 62‑103F1 and is available on SEDAR+.

Key Details

  • Shares Acquired: 9,000,000 common shares of Sorrento Resources Ltd.
  • Purchase Price: $0.25 per share (total consideration ≈ $2.25 million).
  • Ownership Percentage Post‑Transaction: 17.25% of the 52,172,769 issued and outstanding shares as of November 21, 2025.
  • Option Agreement: Amended and restated option agreement dated October 29, 2025, granting the right to purchase up to 100% of the acquiror’s interest in the Bottom Brook rare earth element property (Newfoundland & Labrador).
  • Prior Holdings: The acquirer held no shares or securities of Sorrento Resources Ltd. before this transaction.
  • Regulatory Filing: Early Warning Report filed pursuant to National Instrument 62‑103F1; copy available on SEDAR+ under the company profile.

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

More from Sorrento Resources Ltd

Jun 02, 2026 · 08:01

Sorrento Resources Drills 2.19 g/t Au at Rodgers Cove, But Cash Burn and Dilution Risks Loom Over Junior Explorer

Drill Results May 14, 2026 · 17:44

Sorrento Resources Ltd.

Drill Results May 14, 2026 · 08:01

Thick 33m REE intercept at Bottom Brook adds tonnage potential, but market yawns as gold drill results await.

Drill Results Mar 26, 2026 · 17:43

Sorrento begins RC26-007 drilling at Rodgers Cove

Drill Results Mar 26, 2026 · 08:01

Sorrento Resources Provides Update on Drilling at the Rodgers Cove Gold Project

Drill Results Mar 12, 2026 · 19:34

Sorrento drills visible gold in first Rodgers Cove hole

Drill Results