CleanTech Announces Resignation of President

CleanTech Vanadium Mining Corp (OTCQB: CTVFF, TSXV: CTV) announced that Ron Espell resigned as President effective December 9, 2025 for personal reasons.

Rhea-AI Summary

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.

Argus Dec 11 session

-4.50% close to close Open Argus

Details

News Market Reaction – CTVFF

In the Dec 11 session, CTVFF declined 4.50%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

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.

Key Figures

New Illinois parcels: 1,605 acres Illinois acquisition cost: US$68,700 Total Illinois-Kentucky holdings: 17,550 acres +5 more

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

Historical Context

5 past events · Latest: Nov 18

5 events

1. Nov 18

   Illinois acquisition

   24h Move

   -3.2%

   Acquired 1,605 acres in Illinois, nearly doubling fluorspar holdings.

2. Nov 17

   Royalty expansion

   24h Move

   +9.1%

   Expanded NSR royalty with Oracle to cover new Illinois properties.

3. Oct 10

   Executive appointment

   24h Move

   +21.7%

   Appointed Vice President Legal and granted 200,000 stock options.

4. Oct 08

   Royalty amendment

   24h Move

   +19.1%

   Amended royalty agreement to include Quarant Fluorspar Project.

5. Oct 08

   Royalty amendment

   24h Move

   +19.1%

   Further NSR amendment adding Quarant lease properties in Kentucky.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.