CleanTech Vanadium Reports Shareholder Meeting Results and Grants Options
Rhea-AI Summary
CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) held its Annual General & Special Meeting on September 25, 2025, where shareholders approved all proposed resolutions. Key approvals included setting the board size at three directors, appointing Mao & Ying LLP as auditors, and adopting an amended incentive plan allowing restricted share units.
Significant amendments to the Company's Articles were approved, shifting various corporate actions from requiring special resolutions to allowing ordinary resolutions or director resolutions. The company also received approval to amend 8,230,000 insider options to a lower exercise price of $0.06 from previous ranges of $0.10-$0.20.
Additionally, the board granted 880,000 new stock options to directors, officers, employees, and consultants at an exercise price of $0.195, vesting quarterly over two years and expiring September 25, 2030.
Positive
- Shareholders approved all proposed resolutions, demonstrating strong corporate governance support
- New stock option grants align management and employee interests with shareholders
- Simplified corporate decision-making process through Articles amendments
Negative
- Significant downward revision of insider option exercise prices from $0.10-$0.20 to $0.06 indicates potential share price decline
- Dilutive effect of new option grants totaling 880,000 shares
News Market Reaction
On the day this news was published, CTVFF declined 4.67%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) ("CleanTech" or the "Company") is pleased to announce that all resolutions put forward at the Annual General & Special Meeting (the "Meeting") of the Company's shareholders held on September 25, 2025, as described in the Company's information circular dated August 15, 2025 (the "Circular"), were approved. A summary of the results is set out below:
Number of Directors: set the number of directors at three (3).
Election of Directors: the nominees listed in the Circular were all elected as Directors until the next annual general meeting of the shareholders.
Approved the appointment of Mao & Ying LLP, Chartered Professional Accountants as the auditors of the Company and authorizing the directors to fix the remuneration to be paid to Mao & Ying LLP, Chartered Professional Accountants.
Approved the amended and restated incentive plan of the Company to permit the issuance of restricted share units, as more particularly described in the Information Circular dated August 15, 2025.
Approved the following amendments to the Articles of the Company, as more particularly described in the Circular:
| Former Articles | Amended Articles |
| Alterations of the Company's authorized share structure may be carried out by special resolution. | Alterations of the Company's authorized share structure may be carried out by ordinary resolution or a resolution of the Directors. |
| Special rights and restrictions of any class or series of shares may be implemented, varied, or deleted by special resolution. | Special rights and restrictions of any class or series of shares may be implemented, varied, or deleted by ordinary resolution or by a resolution of the Directors. |
| The name of the Company may be changed by special resolution. | The name of the Company may be changed by ordinary resolution or by a resolution of the Directors. |
| Any alterations to the Articles of the Company may be made by special resolution where the BCBCA does not specify the necessary kind of resolution for such alteration. | Any alterations to the Articles of the Company may be made by ordinary resolution or by a resolution of the Directors where the BCBCA does not specify the necessary kind of resolution for such alteration. |
Approved an amendment to the Articles of the Company to provide for the advance notice of any Director nomination, as more particularly described in the Circular.
Approved, as a disinterested shareholder resolution, an upsize of the Shares for Services program, as more particularly described in the Circular.
Approved, as a disinterested shareholder resolution, amendments to outstanding options issued to insiders to amend the exercise price of 8,230,000 options previously ranging from
$0.10 t o$0.20 t o$0.06 , as more particularly described in the Circular.
The Company also 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 an aggregate of 880,000 common shares in the capital of the Company at an exercise price of
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 8,150 acres of mineral rights with historic Fluorspar resources across multiple projects in the Illinois-Kentucky Fluorspar District. CleanTech also owns a
Further information on CleanTech can be found at www.cleantechvanadium.com.
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/268036
FAQ
What were the key resolutions approved at CleanTech Vanadium's (CTVFF) 2025 shareholder meeting?
How many new stock options did CleanTech Vanadium (CTVFF) grant in September 2025?
What changes were made to CleanTech Vanadium's (CTVFF) insider options in September 2025?
What is the vesting schedule for CleanTech Vanadium's (CTVFF) newly granted options?
What changes were made to CleanTech Vanadium's (CTVFF) corporate governance structure?
