CleanTech Announces Results from Annual General and Special Meeting of Shareholders Including Approval of Robinson-Lasher Asset Sale Transaction

CleanTech Vanadium Mining Corp. announced that shareholders approved the sale of its Robinson-Lasher zinc-germanium-gallium deposit to Silver Elephant Mining Corp. The TSX Venture Exchange granted conditional approval on September 8, 2026, following a requirement for shareholder approval due to non-arm's length parties involved.

Shareholders also approved routine administrative matters, including the election of three directors (John Lee, Greg Hall, Masateru Igata), appointment of auditors (Mao & Ying LLP), and ratification of an amended incentive plan. Closing is subject to customary conditions outlined in the conditional approval letter and asset purchase agreement. The transaction terms were previously disclosed on June 12, 2026.

Cleantech Vanadium Mining Corp. (CTV) announced the sale of its Robinson-Lasher asset in June 2026 as a strategic move to divest a non-core property, reduce future cash obligations, and concentrate capital on its primary fluorspar portfolio. Shareholder approval for the transaction, a known and expected step given its related-party nature and TSXV policies, has now been secured. The market had already priced in this corporate action.

The approval removes a development liability from the balance sheet, allowing management to redirect limited capital toward the Campbell-Crotser fluorspar project and the Gibellini vanadium project. While strategically sound, the news is incremental and expected. It does not introduce new revenue streams, unexpected valuation upgrades, or major capital infusions.

CleanTech Vanadium Mining Corp. is a critical minerals explorer and developer focused on fluorspar and vanadium. Its flagship asset is the Campbell-Crotser Fluorspar Project in Livingston County, Kentucky, located within the Illinois-Kentucky Fluorspar District (IKFD). The project targets underground mining and a 500 tpd flotation plant to produce 97% acid-grade fluorspar.

The company also holds the Gibellini Vanadium Project in Nevada, which features a positive BLM Record of Decision and a measured/indicated resource of 21.3M tons @ 0.298% V₂O₅.

Fluorspar is a USGS-listed critical mineral. The U.S. is 100% import-reliant for fluorspar, with strong demand from semiconductors, energy storage, and nuclear fuel sectors. The company has expanded its IKFD land package to over 17,550 acres.