Cleantech Stock Price, News & Analysis

CleanTech Vanadium Mining Corp (OTCQB: CTVFF) has identified multiple antimony occurrences in drill core samples from its El Triunfo gold and antimony project, located 75 km east of La Paz, Bolivia. Nine diamond-drill-holes from 2020 and 2022 showed several intersections of antimony grading above 0.1%, with Hole TR010 containing a notable 1.2-meter intersection grading over 1% antimony.

The discovery gains significance as antimony prices have surged over 250% since January 2024, reaching US$40,000 per ton in 2025. This price increase follows China's export restrictions on critical minerals to the United States. Currently, Bolivia produces approximately 3,000 metric tons of antimony annually, representing 3.6% of global supply, while China dominates with 50% of total production.

CleanTech Vanadium Mining (TSXV: CTV) (OTCQB: CTVFF) has entered into an option assignment agreement with Silver Elephant Mining (TSX: ELEF) to acquire rights to the El Triunfo Gold-Antimony Project in Bolivia for CAD 155,000 in cash.

The Triunfo Project, spanning approximately 256 hectares, is located in Bolivia's La Paz department, 75km east of La Paz city. The transaction involves Silver Elephant assigning its rights from a July 10, 2020 option agreement to acquire 100% equity interests in Mururata S.R.L., which owns the mining rights.

The deal's closing is contingent on several conditions, including due diligence completion, regulatory approvals, and an acceptable amendment to the Triunfo Option Agreement. CleanTech has provided a refundable deposit of $155,000, returnable if the transaction isn't completed by December 31, 2025. The transaction is classified as Non-Arm's Length due to shared leadership between both companies.

Cleantech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) has announced an amended royalty agreement with Oracle Commodity Holding Corp. for the Gibellini Vanadium Mine Project in Eureka County, Nevada. The key modification removes the previous USD 12/lb vanadium pentoxide (V2O5) threshold requirement for royalty payments, making the 2% royalty payable without conditions.

As consideration, Oracle will pay Cleantech CAD 200,000 in two installments: CAD 75,000 already paid and CAD 125,000 when V2O5 prices exceed USD 12/lb for 180 consecutive days. The project has received BLM approval through a Record of Decision on its Environmental Impact Statement in October 2023, along with several state permits required for construction.

CleanTech Vanadium Mining Corp (TSXV: CTV) (OTCQB: CTVFF) has announced a significant management change. Rob Van Drunen has stepped down from his position as Chief Operating Officer, effective March 1, 2025. Van Drunen, who served the company for four years, will continue to provide consulting services on an as-needed basis.

CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) has announced the issuance of common shares as part of its Shares for Services Agreements with senior management, effective from November 1, 2024. Under this agreement, 1,193,203 shares have been issued, representing 15% of senior management salaries. The issued securities are subject to a four-month regulatory hold period. The company has confirmed that these share issuances have not created a new Control Person.

CleanTech Vanadium Mining Corp (TSXV: CTV) (OTCQB: CTVFF) has issued 1,193,203 common shares to its senior management team as part of their Shares for Services Agreements, effective from November 1, 2024. This share issuance represents 15% of senior management salaries and follows previous announcements made on October 8, 2024, and November 14, 2024.

The issued securities are subject to a four-month regulatory hold period. The company has confirmed that these share issuances have not created a new Control Person.

CleanTech Vanadium Mining has established a Shares for Services Agreement with its senior management team, effective November 1, 2024. Under this agreement, senior executives will convert 15% of their monthly salaries into company common shares. CEO John Lee will convert CAD1,500, President Ron Espell USD3,437, and COO Rob Van Drunen CAD3,125 monthly. The conversion price will be set at the Maximum Discounted Market Price, with up to 25% discount. The company retains the option to pay accrued amounts in cash, and the agreement requires TSX Venture Exchange approval. Issued shares will have a four-month hold period.