CleanTech Acquires Rights to El Triunfo Gold-Antimony Project in Bolivia from Silver Elephant

Core Viewpoint - Silver Elephant Mining Corp. and CleanTech Vanadium Mining Corp. have successfully closed a transaction where CleanTech acquired an option to purchase the El Triunfo Gold and Antimony Project in Bolivia [1][2]. Group 1: Transaction Details - The transaction involves CleanTech being assigned an option to purchase the Triunfo Project, which spans approximately 256 hectares located about 75 km east of La Paz, Bolivia [1]. - The option assignment agreement was originally established on April 8, 2025, with Silver Elephant assigning its rights to CleanTech for a payment of CAD 155,000 [2]. Group 2: Company Background - Silver Elephant Mining Corp. is a mineral exploration company focused on precious metal projects in Bolivia [4]. - CleanTech Vanadium Mining Corp. is an exploration-stage mining company concentrating on critical mineral resources in the USA, owning the Gibellini Vanadium Mine Project in Nevada and an option for the Campbell Crotser Fluorspar Project in Kentucky [5]. Group 3: Related Parties - Oracle Commodity Holding Corp. is a control person of CleanTech, holding 42,799,502 common shares, while Silver Elephant is a control person of Oracle, holding 28,793,110 common shares [3]. - Due to this relationship, CleanTech and Silver Elephant are considered related parties under Multilateral Instrument 61-101, allowing CleanTech to rely on exemptions from formal valuation and minority approval requirements [3].