CleanTech Announces Grant of Stock Options

Rhea-AI Summary

CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) has announced the approval of incentive stock options by its board of directors. The company is granting 875,000 stock options to directors, officers, employees, and consultants at an exercise price of $0.06 per share.

The options will expire on August 14, 2030, featuring a five-year term. The vesting schedule is structured with 12.5% vesting quarterly over two years. These options are subject to the company's 10% rolling stock option plan and TSX-V requirements.

Positive

• None.

Negative

• Potential dilution of 875,000 shares if all options are exercised
• Low exercise price of $0.06 suggests current stock price challenges

News Market Reaction

-0.24%

1 alert

-0.24% News Effect

On the day this news was published, CTVFF declined 0.24%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - August 15, 2025) - CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) (FSE: C9R) ("CleanTech" or the "Company") announces that its board of directors has approved the grant of incentive stock options (the "Options") to certain directors, officers, employees and consultants to acquire a total of 875,000 common shares in the capital of the Company at an exercise price of $0.06. All Options were granted pursuant to the Company's 10% rolling stock option plan (the "Plan") and are subject to the terms of the Plan, the applicable grant agreements and the requirements of the TSX-V. The Options are exercisable for a five-year term expiring August 14, 2030. The Options will vest at 12.5% per quarter for the first two years following the grant date.

About CleanTech Vanadium Mining Corp.

CleanTech is a mining company focused on critical mineral resources in the USA. The Company has an option to acquire 7,180 acres of mineral rights with historic Fluorspar resources across multiple projects in Illinois-Kentucky Fluorspar district. CleanTech also owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada.

Further information on CleanTech can be found at www.cleantechvanadium.com.

ON BEHALF OF THE BOARD

"John Lee"

Chief Executive Officer

For more information about CleanTech, please contact:

Phone: 1.877.664.2535
Email: info@cleantechvanadium.com
www.cleantechvanadium.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262736

FAQ

How many stock options did CleanTech (CTVFF) grant in August 2025?

CleanTech granted 875,000 stock options to directors, officers, employees, and consultants.

What is the exercise price for CleanTech's (CTVFF) August 2025 stock options?

The exercise price for the stock options is $0.06 per share.

When do CleanTech's (CTVFF) newly granted stock options expire?

The stock options expire on August 14, 2030, with a five-year term.

What is the vesting schedule for CleanTech's (CTVFF) August 2025 stock options?

The options vest at 12.5% per quarter over the first two years following the grant date.

Who received the stock options in CleanTech's (CTVFF) August 2025 grant?

The stock options were granted to directors, officers, employees, and consultants of the company.