Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Distribution and Production Update"

Rhea-AI Summary

Clifton Mining Company (OTCBB:CFTN) announced a December 2025 distribution and provided a production update.

Distribution: American Silver, LLC declared a $0.12 per member share distribution that totaled $220,810 paid to Clifton, which is described as Clifton's largest single shareholder owning just over 20%.

Production: Desert Hawk Gold Corp. reported gold production running about 4 oz ± per day while a prospective buyer's representative reviews operations on site and management works to resolve the causes of the slowdown.

Positive

• Received $220,810 distribution from American Silver
• Cash distribution equals $0.12 per member share
• Major shareholder stake reported at just over 20%

Negative

• Gold production slowed to about 4 oz per day
• Operational issues unresolved while buyer reviews site

AMERICAN FORK, Utah, Dec. 18, 2025 /PRNewswire/ - Notice of December 2025 Distribution – American Silver, LLC declared a $0.12 per member share distribution, which totaled $220,810 distributed to the Company, its largest single shareholder owing just over 20 percent (20%). For more information about the American Silver, LLC companies and products, please see the following websites: https://silverbiotics.com/, www.ablmedical.com, and https://ablmfg.com/.

Production Update – Desert Hawk Gold Corp. ("DHGC") is working with a buyer that made an offer on ownership interest in DHGC. The buyer's representative has been on site for weeks reviewing the current operations. Production of gold has slowed to about 4 oz +/- per day and Management is trying to resolve the issues that are causing this. 

Clifton trades on the OTC Markets under the symbol: "CFTN".

Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.

View original content:https://www.prnewswire.com/news-releases/clifton-mining-company-otcbb-cftn-clifton--distribution-and-production-update-302645266.html

SOURCE Clifton Mining Company

FAQ

What distribution did Clifton Mining (CFTN) receive in December 2025?

Clifton received a $0.12 per member share distribution totaling $220,810 from American Silver, LLC.

How much of Desert Hawk Gold Corp production is Clifton reporting in December 2025?

Production is reported at about 4 ounces per day ± while management addresses operational issues.

What percentage stake does the largest single shareholder hold in Clifton (CFTN)?

The largest single shareholder is reported to hold just over 20% of the company.

Is Desert Hawk Gold Corp negotiating a sale or investment affecting Clifton (CFTN)?

A buyer's representative has been on site reviewing DHGC operations and an offer on ownership interest has been made.

Where does Clifton (CFTN) trade and under what symbol?

Clifton trades on the OTC Markets under the symbol CFTN.