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Clifton Mining Company (OTCBB: CFTN) (the "Company") - "Annual Meeting Voting Results"

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Clifton Mining Company (OTCBB: CFTN) reported the results of its annual meeting held October 17, 2025 in Alpine, Utah. Shareholders elected all six director nominees, with affirmative votes (from ~64% quorum of shares voted) ranging from 65% to 89%. Shareholders also ratified the appointment of Sadler, Gibb & Associates as independent auditors with approximately 90% approval.

Operational updates included Desert Hawk operations producing about 6 ounces of gold per day and being described as cash flow positive. A sales report from American Biotech Labs (an American Silver member) noted 2025 product sales ahead of last year and Amazon repeat-purchase rates near 70% for first-time users. The meeting adjourned around 2:30 pm.

Clifton Mining Company (OTCBB: CFTN) ha riferito i risultati della propria assemblea annuale tenutasi il 17 ottobre 2025 a Alpine, Utah. Gli azionisti hanno eletto tutti e sei i candidati al consiglio con voti favorevoli (da circa il 64% del quorum delle azioni votate) che variavano dal 65% all'89%. Gli azionisti hanno anche ratificato la nomina di Sadler, Gibb & Associates come revisori indipendenti con circa 90% di approvazione.

Aggiornamenti operativi: Desert Hawk sta producendo circa 6 once di oro al giorno ed è descritto come cash flow positive. Un rapporto sulle vendite di American Biotech Labs (membro di American Silver) ha indicato che le vendite di prodotti nel 2025 sono in vantaggio rispetto all'anno precedente e i tassi di riacquisto su Amazon per i nuovi utenti si aggirano intorno al 70%. La riunione si è sciolta intorno alle 14:30.

Clifton Mining Company (OTCBB: CFTN) informó los resultados de su junta anual celebrada el 17 de octubre de 2025 en Alpine, Utah. Los accionistas eligieron a los seis candidatos al directorio, con votos afirmativos (de aproximadamente un 64% del quórum de las acciones votadas) que oscilaban entre el 65% y el 89%. Los accionistas también ratificaron la designación de Sadler, Gibb & Associates como auditores independientes con aproximadamente un 90% de aprobación.

Las actualizaciones operativas incluyeron que Desert Hawk está produciendo alrededor de 6 onzas de oro por día y se describe como flujo de caja positivo. Un informe de ventas de American Biotech Labs (miembro de American Silver) indicó que las ventas de productos para 2025 superan al año pasado y las tasas de repetición de compra en Amazon para usuarios primerizos se acercan al 70%. La reunión se levantó alrededor de las 2:30 p.m.

Clifton Mining Company (OTCBB: CFTN) 는 2025년 10월 17일 유타주 앨파인에서 열린 연례 회의의 결과를 발표했습니다. 주주들은 이사회 후보 6명을 모두 선출했으며(투표 주주의 약 64%의 의결권에 대한 찬성 표), 그 비율은 65%에서 89%까지였습니다. 주주들은 또한 독립 감사인으로 Sadler, Gibb & Associates의 임명을 대략 90%의 찬성으로 비준했습니다.

운영 업데이트에 따르면 Desert Hawk 운영은 하루 약 6온스의 금을 생산하고 현금 흐름이 양수로 설명되었습니다. American Biotech Labs(미국 Silver 회원)의 판매 보고서는 2025년 제품 판매가 전년보다 앞서 있으며 처음 사용하는 이들의 Amazon 재구매율이 약 70%에 이르는 것으로 나타났습니다. 회의는 오후 2시 30분경에 산회되었습니다.

Clifton Mining Company (OTCBB: CFTN) a publié les résultats de son assemblée annuelle tenue le 17 octobre 2025 à Alpine, Utah. Les actionnaires ont élu les six candidats au conseil d'administration, avec des votes favorables (d'un quorum d'environ 64% des actions votées) allant de 65% à 89%. Les actionnaires ont également ratifié la nomination de Sadler, Gibb & Associates comme auditeurs indépendants avec environ 90% d'approbation.

Les mises à jour opérationnelles indiquent que Desert Hawk produit environ 6 onces d'or par jour et est décrit comme à flux de trésorerie positif. Un rapport de ventes d'American Biotech Labs (membre de American Silver) note que les ventes de produits pour 2025 devancent l'année précédente et que les taux de réachat sur Amazon pour les utilisateurs pour la première fois atteignent près de 70%. La réunion a été levée vers 14h30.

Clifton Mining Company (OTCBB: CFTN) berichtete über die Ergebnisse seiner Hauptversammlung vom 17. Oktober 2025 in Alpine, Utah. Die Aktionäre wählten alle sechs Direktorenkandidaten, mit affirmativen Stimmabgaben (aus einem quorum von ca. 64% der abgestimmten Aktien) zwischen 65% und 89%. Die Aktionäre ratifizierten zudem die Ernennung von Sadler, Gibb & Associates als unabhängige Prüfer mit ca. 90% Zustimmung.

Operative Updates: Desert Hawk produziert rund 6 Unzen Gold pro Tag und wird als cash flow positiv beschrieben. Ein Verkaufsbericht von American Biotech Labs (ein Mitglied von American Silver) vermerkt, dass die Produktverkäufe im Jahr 2025 gegenüber dem Vorjahr vorauseilen und die Amazon-Wiederkaufquoten bei Erstnutzern in der Nähe von 70% liegen. Die Versammlung wurde gegen 14:30 Uhr adjourned.

Clifton Mining Company (OTCBB: CFTN) أبلغت عن نتائج اجتماعها السنوي الذي عقد في 17 أكتوبر 2025 في ألبين، يوتا. صوت المساهمون لصالح جميع المرشحين الستة للمجلس، مع أصوات إيجابية (من حوالي 64% من إجمالي أسهم الحاضرين) تراوحت بين 65% و 89%. كما صدّق المساهمون على تعيين Sadler, Gibb & Associates كمراجعين مستقلين بحوالي 90% موافقة.

التحديثات التشغيلية شملت أن Desert Hawk ينتج حوالي 6 أونصات من الذهب يوميًا ووصف بأنه تدفق نقدي إيجابي. تقرير مبيعات من American Biotech Labs (عضو في American Silver) أشـار إلى أن مبيعات 2025 تتقدم على العام الماضي وأن معدلات إعادة الشراء على أمازون لدى المستخدمين لأول مرة تقارب 70%. انتهى الاجتماع نحو الساعة 2:30 م.

Clifton Mining Company (OTCBB: CFTN) 报告了其于 2025 年 10 月 17 日在犹他州阿尔派恩举行的年度股东大会结果。股东通过了所有六名董事提名人,来自约 64% 投票股东的有效投票中,支持率介于 65%89%。股东还以约 90% 的赞成票 ratified 任命 Sadler, Gibb & Associates 为独立审计师。

运营更新显示 Desert Hawk 运作每日至约 6 盎司黄金,被描述为 现金流为正。来自 American Biotech Labs(American Silver 会员)的销售报告指出,2025 年的产品销售领先于去年,且在 Amazon 对首次使用者的重复购买率接近 70%。会议于大约 14:30 休会。

Positive
  • Desert Hawk producing approximately 6 oz gold/day
  • Desert Hawk operations described as cash flow positive
  • Independent auditor appointment ratified with ~90% approval
Negative
  • Quorum of shares voted was only about 64%
  • Two director nominees received relatively low support: 65% and 66%
  • No quantified revenue or formal guidance provided to link operational updates to company-wide financials

AMERICAN FORK, Utah, Oct. 28, 2025 /PRNewswire/ - Clifton Mining Company held its annual meeting at 12:30 pm on October 17, 2025 at the Alpine Art Center in Alpine, Utah. The Company reports that shareholders approved the election of each of the six (6) director nominees. Each director nominee received affirmative votes calculated from a quorum of approximately 64% of the shares voted, excluding abstentions and broker non-votes, as follows (all percentages are rounded):

Director Nominee (Term )                               

For

Jessica Marr (Term expiring 2026)                     

78 %



Michael Marr (Term expiring 2027)                     

79 %



Erica Marr (Term expiring 2027)                         

78 %



K. Bruce Jones (Term expiring 2028)                 

89 %



Kenneth S. Friedman (Term expiring 2028)         

66 %



Scott S. Moeller (Term expiring 2028)                 

65 %

Shareholders also ratified the appointment of Sadler, Gibb & Associates, LLC as the Company's independent auditors, with affirmative votes from approximately 90% of the shares voted. The Board of Directors had recommended a vote for this proposal.

Three reports were given at the meeting, one from Michael Marr, who provided some background as an investor in residential and commercial real estate and how he came to be interested as an investor in both Desert Hawk Gold Corp. and Clifton Mining Company. He also provided an update that Desert Hawk operations, stating there is still much work to be done, but the operations are producing approximately 6 ounces of gold per day and are cash flow positive. Ken Friedman discussed the sea-change in the pricing of precious metals and how that has led to a major change in Clifton strategy, from seeking to survive (and being one of the few exploration companies to do so) to actively courting a partner to develop the Clifton Shear Zones and other potential high-value mineral targets, of which there are a number on the Clifton Mining properties.  A final report was given by Paul Schwitzer, Vice President of Marketing and Sales for American Biotech Labs, LLC a wholly owned American Silver, LLC entity, of which the Company is a Member. Mr. Schwitzer reported that product sales for 2025 are a head of last year and that Amazon sales have also continued to grow significantly over the past three years. He also reported that Amazon is still showing that around 70% of first-time users have re-ordered the products. The company has also continued to focus on increasing sales in the medical supply markets.

The meeting adjourned around 2:30 pm.

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.

Cision View original content:https://www.prnewswire.com/news-releases/clifton-mining-company-otcbb-cftn-the-company--annual-meeting-voting-results-302596124.html

SOURCE Clifton Mining Company

FAQ

What were the 2025 annual meeting results for Clifton Mining (CFTN) on October 17, 2025?

All six director nominees were elected with affirmative votes ranging from 65%–89%, and the independent auditor was ratified with ~90% approval.

How much gold is Desert Hawk producing according to Clifton Mining's October 2025 update?

Desert Hawk operations are producing about 6 ounces of gold per day and were reported to be cash flow positive.

What shareholder turnout was reported for Clifton Mining's 2025 annual meeting (CFTN)?

The company reported a quorum of approximately 64% of the shares voted (excluding abstentions and broker non-votes).

Which auditing firm was ratified by Clifton Mining shareholders in October 2025?

Shareholders ratified Sadler, Gibb & Associates, LLC as the company's independent auditors with ~90% affirmative votes.

What sales trends did American Biotech Labs report at the Clifton Mining annual meeting?

American Biotech Labs reported 2025 product sales ahead of last year and Amazon repeat-purchase rates of about 70% for first-time users.
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