CleanTech Appoints Mr. Jason Reid As Special Advisor to Develop its Fluorspar Projects in Kentucky

Rhea-AI Summary

CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) appointed Mr. Jason Reid as Special Advisor to help start up the company's fluorspar project in Kentucky, effective January 26, 2026.

Mr. Reid is described as a seasoned mine builder with over two decades of leadership and production experience, credited with >US$1 billion revenue and >US$115 million returned to shareholders at prior firms. Concurrently, CleanTech granted him 500,000 incentive stock options, exercisable over five years at $0.27 subject to vesting. The company holds an option to acquire >17,550 acres of historic fluorspar mineral rights in the Illinois-Kentucky Fluorspar District and owns 100% of the Gibellini vanadium project in Nevada.

Positive

• Appointed experienced mine builder with >20 years of leadership
• Advisor track record: >US$1 billion revenue generated historically
• Company option to acquire >17,550 acres of historic fluorspar rights

Negative

• 500,000 options granted exercisable at $0.27 over 5 years may dilute shareholders if exercised

Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) ("CleanTech" or the "Company") is pleased to announce Mr. Jason Reid has been appointed Special Advisor of CleanTech to help start up the Company's fluorspar project in Kentucky.

Mr. Reid is a seasoned mining executive with over two decades of experience in corporate leadership, capital markets, mine building and profitable mine operations. Mr. Reid serves as Chief Executive Officer, President and Director of Fortitude Gold Corporation, a gold producer in the state of Nevada, USA. Fortitude Gold was spun out of Gold Resource Corporation. Under Mr. Reid's tenure, he was part of the management team that grew the company from an exploration stage company, to making discoveries, engineering and financing projects, mine building, commissioning and operating profitable mines in Mexico. He was later part of a management team that built and currently operates three mines in Nevada, USA. Mr. Reid's industry accomplishments include over a decade of production, over 10 consecutive years of profitability, generated over US$1 billion in revenue, and returned in excess of US$115 million cash to shareholders through dividends.

John Lee, CleanTech's CEO commented: "I have known Jason for 4 years. He is a proven mine builder of both underground and open pit mines and integral to our team to bring fluorspar production back in the US at the earliest time frame possible. Fluorspar is a critical mineral and essential in nuclear enrichment, lithium batteries, and semiconductor manufacturing; all of which are key to exponentially expand artificial intelligence."

Concurrent with the appointment and in accordance with the Company's Equity Incentive Plan, the Company has granted 500,000 incentive stock options (the "Options") to Mr. Reid. The Options are exercisable, subject to vesting provisions, over a period of five (5) years at an exercise price of $0.27.

CleanTech Vanadium Mining Corp.

CleanTech is a mining company focused on discovering, producing, and supplying critical mineral resources from within and to the United States. The Company has an option to acquire more than 17,550 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.

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

CLEANTECH VANADIUM MINING CORP.

ON BEHALF OF THE BOARD

John Lee
Chief Executive Officer

For more information about CleanTech, please contact:

Suite 1008 – 409 Granville Street
Vancouver, BC V6C 1T2
Phone: 1.877.664.2535
Email: info@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/281617

FAQ

Who is Jason Reid and what role did CleanTech (CTVFF) assign him on January 26, 2026?

Jason Reid was appointed Special Advisor to help start up CleanTech's fluorspar project in Kentucky.

What incentive compensation did CleanTech (CTVFF) grant Jason Reid?

CleanTech granted 500,000 incentive stock options to Jason Reid, exercisable over five years at an exercise price of $0.27, subject to vesting.

What experience does Jason Reid bring to CleanTech's CTVFF fluorspar project?

He has over 20 years of mining leadership, including mine building, >10 years of consecutive profitability, and participation in firms that generated >US$1 billion in revenue.

How much land does CleanTech (CTVFF) have an option to acquire for fluorspar in Kentucky?

CleanTech has an option to acquire more than 17,550 acres of mineral rights with historic fluorspar resources in the Illinois-Kentucky Fluorspar District.

Does CleanTech (CTVFF) have other critical mineral projects besides the Kentucky fluorspar option?

Yes. CleanTech owns a 100% interest in the Gibellini vanadium mine project in Nevada.

What are the immediate investor implications of the advisor appointment for CTVFF shareholders?

The appointment brings experienced operational leadership to the project and includes a 500,000 option grant, which could result in future dilution if exercised.