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CleanTech Announces Resignation of President

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management

CleanTech Vanadium Mining Corp (OTCQB: CTVFF, TSXV: CTV) announced that Ron Espell resigned as President effective December 9, 2025 for personal reasons. The board thanked Mr. Espell for his service and extended best wishes for his future endeavors.

No successor, interim appointment, or changes to corporate guidance or operations were disclosed in the announcement.

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Positive

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Negative

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News Market Reaction

-4.50%
1 alert
-4.50% News Effect

On the day this news was published, CTVFF declined 4.50%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

New Illinois parcels: 1,605 acres Illinois acquisition cost: US$68,700 Total Illinois-Kentucky holdings: 17,550 acres +5 more
8 metrics
New Illinois parcels 1,605 acres Mineral-rights parcels acquired in Illinois
Illinois acquisition cost US$68,700 Cash consideration for 1,605 Illinois acres
Total Illinois-Kentucky holdings 17,550 acres Aggregate holdings in Illinois-Kentucky Fluorspar District
Historic fluorspar output 9 million tons Historic Illinois production from 1914–1995
Historic drill holes 745 drill holes Historic data in Illinois-Kentucky Fluorspar District
NSR royalty rate 2% NSR Royalty on minerals from covered properties
Minimum NSR payment US$6 per tonne Minimum payment on NSR royalty
Oracle shareholding 42,799,502 shares Oracle’s CleanTech common share ownership

Market Reality Check

Price: $0.2022 Vol: Volume 227,663 is 1.67x t...
high vol
$0.2022 Last Close
Volume Volume 227,663 is 1.67x the 20-day average, indicating elevated trading interest ahead of this management update. high
Technical Price 0.123116 is trading above the 200-day MA of 0.06, despite being 71.15% below the 52-week high.

Peers on Argus

CTVFF fell 2.42% while peers were mixed: NORAM LITHIUM CORP at -3.75%, BRAVADA G...

CTVFF fell 2.42% while peers were mixed: NORAM LITHIUM CORP at -3.75%, BRAVADA GOLD CORP NEW at -9.2%, but US CRITICAL METALS CORP and BITTERROOT RSRCES LTD gained 5.61% and 3.48% respectively, suggesting today’s move is more company-specific than sector-driven.

Historical Context

5 past events · Latest: Nov 18 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Nov 18 Illinois acquisition Positive -3.2% Acquired 1,605 acres in Illinois, nearly doubling fluorspar holdings.
Nov 17 Royalty expansion Positive +9.1% Expanded NSR royalty with Oracle to cover new Illinois properties.
Oct 10 Executive appointment Positive +21.7% Appointed Vice President Legal and granted 200,000 stock options.
Oct 08 Royalty amendment Positive +19.1% Amended royalty agreement to include Quarant Fluorspar Project.
Oct 08 Royalty amendment Positive +19.1% Further NSR amendment adding Quarant lease properties in Kentucky.
Pattern Detected

Recent company-building and royalty expansion news usually saw positive price reactions, with one acquisition-related divergence where shares declined despite portfolio growth.

Recent Company History

Over the last few months, CleanTech announced several growth and partnership steps. On Oct 8, two royalty amendments with Oracle added the Quarant Fluorspar Project, each coinciding with a 19.15% gain. On Oct 10, appointing a Vice President Legal saw shares rise 21.74%. In mid-November, an Illinois mineral-rights acquisition on Nov 18 led to a -3.21% move, while an expanded royalty agreement on Nov 17 gained 9.12%. Today’s management resignation follows this period of active corporate development.

Market Pulse Summary

This announcement details the resignation of CleanTech’s President effective December 9, 2025 for pe...
Analysis

This announcement details the resignation of CleanTech’s President effective December 9, 2025 for personal reasons, following several months of active project acquisitions and royalty amendments. The departure comes after Illinois-Kentucky acreage expansion and new royalty structures with Oracle. Investors monitoring the story may focus on succession plans, continuity of strategy, and how leadership changes intersect with ongoing development of the expanded fluorspar and rare-earth land package, alongside the company’s history of sizable price reactions to corporate updates.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF("CleanTech" or the "Company") announces that Ron Espell has resigned as President of the Company effective December 9, 2025, for personal reasons.

The board of directors wishes to thank Mr. Espell for his service and contributions to CleanTech and extends its best wishes to his future endeavors.

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 15,975 acres of mineral rights with historic Fluorspar resources across multiple projects in the Illinois-Kentucky Fluorspar District. CleanTech also owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada.

ON BEHALF OF THE BOARD
"John Lee"
CEO and Director

For more information about CleanTech, please contact:
Phone: 1.877.664.2535
info@cleantechvanadium.com
www.cleantechvanadium.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the 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/277639

FAQ

Who resigned as President of CleanTech (CTVFF) and when did the resignation take effect?

Ron Espell resigned as President of CleanTech effective December 9, 2025.

What reason did CleanTech (CTVFF) give for Ron Espell's resignation on December 10, 2025?

The company said Mr. Espell resigned for personal reasons.

Did CleanTech (CTVFF) name a successor or interim president after the December 9, 2025 resignation?

No successor or interim appointment was disclosed in the announcement.

Will Ron Espell's resignation on December 9, 2025 change CleanTech (CTVFF) operations or guidance?

The announcement did not disclose any changes to operations or financial guidance.

How did CleanTech's board respond to the resignation of its president on December 10, 2025?

The board thanked Ron Espell for his service and extended best wishes for his future endeavors.
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