Oracle Commodity Holding and CleanTech Vanadium Amend Royalty Agreement to Include Illinois Fluorspar Properties
Oracle Commodity Holding and CleanTech Vanadium
Amend Royalty Agreement to Include Illinois Fluorspar
Properties
Vancouver, British Columbia, August 29, 2025 - Oracle Commodity Holding Corp. (“Oracle”)
(TSX-V: ORCL; OTCQB: ORLCF) and CleanTech Vanadium Mining Corp. (“CleanTech”)
(TSX-V: CTV, OTCQB: CTVFF) announce that they have executed an amending agreement
effective August 27, 2025 (the “ Amending Agreement ”) to the net smelter return royalty
agreement dated August 11, 2025 (the “ Royalty Agreement ”) between U.S. Fluorspar LLC
(“USF”), a 100%-owned subsidiary of CleanTech, and Oracle. The Amending Agreement adds
the Pope Fluorspar Properties in Illinois to the Royalty Agreement Property Schedule which a 2%
net smelter return royalty is payable to Oracle with a minimum of $6 per tonne of minerals sold.
The terms of the Royalty Agreement are set out in a news release dated August 12, 2025.
In consideration, Oracle is to pay USF, upon TSX-V approval of the Royalty Agreement and
Amending Agreement, non-refundable cash payments equal to 20% of the cash consideration
which USF paid, pays or will pay, to the current owner of Pope Fluorspar Properties totaling
US$184,000 over 4 years.
The first cash payment Oracle will make to USF is US$5,820 after TSX-V approval of the Royalty
Agreement and Amending Agreement.
Pope Fluorspar Properties
Pope Fluorspar Properties consist of 15 mineral rights parcels (each one a “Property”) totaling
970 acres across Empire Subdistrict, Stewart Subdistrict and Hobbs Creek Subdistrict. Those
Properties are strategically positioned along the major fault systems that historically controlled
mineralization throughout the approximately 1,000-square-mile Illinois-Kentucky Fluorspar
District (“IKFD”).
The IKFD’s extraordinary productivity stems from its unique geological architecture 1. The IKFD
sits within Mississippian-age limestones intersected by northwest-southeast trending normal
faults, creating the perfect structural environment for fluorite mineralization. These steep fault-fill
veins, breccia zones, and localized carbonate replacements developed along favorable limestone
1 Denny, F.B., Nelson, W.J., Breeden, J.R., & Lillie, R.C. (2020). Mines in the Illinois portion of
the Illinois-Kentucky Fluorspar District. Illinois State Geological Survey, Circular 604, 73 p
horizons, with mineralized shoots typically thickening at structural complexities such as fault
bends, step-overs, and fault-dike intersections2,3,4,5.
The geological complexity that made the IKFD America's fluorite capital remains intact.
Mineralization occurs in four primary deposit types: horizontal bedding replacement deposits,
veins along vertical faults and fractures, residual gravel deposits, and fluorite breccia. This
diversity offers multiple exploration and development targets across CleanTech's extensive land
position of over 8,150 acres6
The IKFD’s strategic importance extends beyond its historical production record. Its established
transportation infrastructure, proximity to industrial consumers, and documented production of
over 32.5 million tons position it as America's most viable domestic fluorspar source in an
increasingly import-dependent market. Currently, nearly all fluorspar consumed in the United
States is imported, with Mexico supplying 72% of 2017 imports, followed by China and South
Africa7,8,9. Fluorspar prices have increased dramatically from $300 per ton in 2020 to over $470
per ton in 202510. China, which accounts for 60% of global Fluorspar production, has become a
net importer of Fluorspar since 2023.
Oracle is a control person of CleanTech, holding 42,799,502 common shares of CleanTech. As
such, CleanTech and Oracle are related parties to each other within the meaning of Multilateral
Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
CleanTech and Oracle each intend to rely on available exemptions from the formal valuation and
minority approval requirements of MI 61-101 (and Policy 5.9 of the TSX Venture Exchange). The
following supplementary information is provided in accordance with Section 5.2 of MI 61-101.
Qualified Person
The technical and scientific information contained in this news release has been reviewed and
approved by Carlos Zamora, CPG, a member of the American Institute of Professional Geologists
(AIPG) since 2024, who is an independent Qualified Person as defined by National Instrument
43-101.
About Oracle Commodity Holding Corp.
2 https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3117-tsx-
venture/ctv/185361-cleantech-acquires-significant-package-of-fluorspar-projects-totaling-7-180-
acres-for-us-4-000-000-in-illinois-kentucky-fluorspar-district.html
3 https://www.newsfilecorp.com/release/262229/CleanTech-Acquires-Significant-Package-of-
Fluorspar-Projects-Totaling-7180-Acres-for-US4000000-in-IllinoisKentucky-Fluorspar-District
4 http://library.isgs.illinois.edu/Pubs/pdfs/circulars/c604.pdf
5 https://www.newsfilecorp.com/release/262230/Oracle-Commodity-Holding-Secures-2-
Fluorspar-Royalty-in-USA-From-CleanTech-Vanadium
6 http://library.isgs.illinois.edu/Pubs/pdfs/circulars/c604.pdf
7 https://www.newsfilecorp.com/release/262229/CleanTech-Acquires-Significant-Package-of-
Fluorspar-Projects-Totaling-7180-Acres-for-US4000000-in-IllinoisKentucky-Fluorspar-District
8 http://library.isgs.illinois.edu/Pubs/pdfs/circulars/c604.pdf
9 https://www.newsfilecorp.com/release/262230/Oracle-Commodity-Holding-Secures-2-
Fluorspar-Royalty-in-USA-From-CleanTech-Vanadium
10 https://www.imarcgroup.com/fluorspar-pricing-report
Oracle Commodity Holding Corp. is a mining royalty company holding royalties on several
precious metal and critical mineral mining projects
Further information on Oracle Commodity can be found at www.oracleholding.com.
ON BEHALF OF THE BOARD
“Anthony Garson”
CEO and Director
For more information about CleanTech, please contact:
Email: [email protected]
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.
FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” and “forward-looking statements”
(collectively, “forward-looking information”) within the meaning of applicable securities laws.
Forward-looking information is generally identifiable by use of the words “believes,” “may,” “plans,”
“will,” “anticipates,” “intends,” “could”, “estimates”, “expects”, “forecasts”, “projects” and similar
expressions, and the negative of such expressions. Such forward-looking information, which
reflects management’s expectations regarding Clea’s future growth, results of operations,
performance, business prospects and opportunities, is based on certain factors and assumptions
and involves known and unknown risks and uncertainties which may cause the actual results,
performance, or achievements to be materially di fferent from future results, performance, or
achievements expressed or implied by such forward-looking information. Forward-looking
information in this news releases includes: CleanTech’s granting of the Royalty under the Royalty
Agreement and the Amending Agreement which is s ubject to TSX-V approval, payments to be
made to the Vendor, and payments to be received from Oracle. Forward-looking statements are
based on the opinions and estimates of management of Oracle at the date the statements are
made and are based on a number of assumptions and subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ materially from
those projected in the forward-looking statements. Many of these assumptions are based on
factors and events that are not within the control of Oracle, there is no assurance they will prove
to be correct and are not guarantees of future performance and actual results may differ materially
from those in the forward-looking statements.
Forward-looking information involves significant risks and uncertainties, should not be read as a
guarantee 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 information,
including but not limited to: changes in operating plans; ability to secure sufficient financing to
advance the Company’s project; conditions impacting the Company’s ability to mine at the project,
such as unfavorable weather conditions, development of a mine plan, maintaining existing permits
and receiving any new permits required for the project, and other conditions impacting mining
generally; maintaining cordial business relations with strategic partners and contractual counter-
parties; meeting regulatory requirements and changes thereto; risks inherent to mineral resource
estimation, including uncertainty as to whether mineral resources will be further developed into
mineral reserves; political risk in the jurisdictions where the Company’s projects are located;
commodity price variation; and general market, industry 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 information is 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 information 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 information 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.