CleanTech Announces $1 Million Non-Brokered Private Placement VANCOUVER, British Columbia , August 20, 202 6 – CleanTech Vanadium Mining Corp. (“CleanTech” or the “Company”) (TSX -V: CTV; OTCQB: CTVFF) is pleased to announce a
CleanTech Announces $1 Million Non-Brokered Private
Placement
VANCOUVER, British Columbia , August 20, 202 6 – CleanTech Vanadium Mining Corp.
(“CleanTech” or the “Company”) (TSX -V: CTV; OTCQB: CTVFF) is pleased to announce a
non-brokered private placement (the “ Offering”) to raise gross proceeds of up to $1,000,000
through the sale of up to 1 0,000,000 units (the “Units”) at a price of $0. 10 per unit. Each Unit
consists of one common share of the Company (each, a “Share”) and one transferable common
share purchase warrant (each, a “Warrant”) entitling the holder to purchase one additional Share
at a price of $0.15 per Share for a period of three (3) years from the date of issuance.
Insiders of the Company (the “Insiders”) are expected to subscribe 1.5 million units in the Offering.
The issuance of Units to the Insider s will be considered a “related party transaction” within the
meaning of Multilateral Instrument 61 -101 – Protection of Minority Security Holders in Special
Transactions (“MI 61-101”).
The Company anticipates relying on exemptions from the minority shareholder approval and
formal valuation requirements applicable to the “related -party transactions” under sections 5.5(a)
and 5.7(1)( a), respectively, of MI 61 -101, as neither the fair market value of the Units to be
acquired by the participating Insiders nor the consideration to be paid by such Insiders is
anticipated to exceed 25 percent of the Company’s market capitalization. The Company will file a
material change report in respect of the related party transaction.
The Company may elect to pay finders’ fees to certain eligible finders in accordance with the
policies of the TSX Venture Exchange.
The Offering is subject to certain conditions, including, but not limited to, the receipt of all
necessary approvals, including the approval of the TSX Venture Exchange. The securities issued
under the Offering, including any Finder’s Units, will be subject to a regulatory hold period of four
months and one day from the date of issuance, in accordance with applicable securities laws.
The Company intends to use the net proceeds of the Offering for general corporate purposes.
Company also announces it has chosen to close the private placement previously announced on
June 16, July 6, and July 21, 2026, with aggregate gross placement proceeds of $433,033.37.
About 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.cleantechctv.com.
CLEANTECH VANADIUM MINING CORP.
ON BEHALF OF THE BOARD
“John Lee”
Chief Executive Officer
For more information about CleanTech, please contact:
Phone: 1.877.664.2535
Email: [email protected]
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.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this news release, including statements which may contain
words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar
expressions, and statements related to matters which are not historical facts, are forward -looking
information within the meaning of applicable securities laws. Such forward -looking statements,
which reflect management’s expectations regarding CleanTech’s future growth, results of
operations, performance, business prospects and opportunities, are based on certain factors and
assumptions and involve known and unknown risks and uncertainties which may cause the actual
results, performance, or achievements to be materially different from future results, performance,
or achievements expressed or implied by such forward -looking statements. Forward-looking
information in this news release include the expected gross proceeds of the Private Placement,
use of proceeds raised from the Private Placement, and the participation and by certain insiders
who are directors of the Company in the Private Placement and the amount of such participation.
Forward-looking statements involve significant risks and uncertainties, and should not be read as
guarantees of future performance, events or results, and may not be indicative of whether such
events or results will actually be achieved. A number of risks and other factors could cause actual
results to differ materially from expected results discussed in the forward -looking statements,
including but not limited to: market conditions and investor sentiment; changes in business plans;
ability to secure sufficient financing to advance the Company’s investment business; and general
market and economic conditions. Additional risk factors are set out in the Company’s latest
annual and interim management’s discussion and analysis, available on SEDAR at
www.sedarplus.ca.
Forward-looking statements are based on reasonable assumptions by management as of the
date of this news release, and there can be no assurance that actual results will be consistent
with any forward -looking statements included herein. Readers are cautioned that all forward -
looking statements in this news release are made as of the date of this news release. The
Company undertakes no obligation to update or revise any forward -looking statements in this
news release to reflect circumstances or events that occur after the date of this news release,
except as required by applicable securities laws.