CleanTech Expands Royalty Agreement With Oracle Commodity Holding to Include Newly Acquired Illinois Fluorspar Properties

Core Viewpoint - CleanTech Vanadium Mining Corp. has expanded its royalty agreement with Oracle Commodity Holding to include newly acquired fluorspar properties in Illinois, enhancing its mineral rights portfolio and potential revenue streams [1][2]. Group 1: Royalty Agreement Details - The Third Amending Agreement includes 37 mineral-rights parcels totaling 1,605 acres in Pope and Hardin Counties, Illinois [2]. - Oracle Commodity Holding is entitled to a 2% net smelter return royalty on minerals produced and sold from the properties, with a minimum of US$6 per tonne of minerals sold [3]. - Oracle Commodity Holding will pay USF 20% of US$68,700 to acquire the royalty on the new Illinois fluorspar properties [5]. Group 2: Financial Considerations - Oracle Commodity Holding will make non-refundable cash payments equal to 20% of the cash consideration that USF has paid or will pay to vendors for acquiring the properties, contingent upon actual cash payments made by USF [4]. Group 3: Company Background - CleanTech is focused on critical mineral resources in the USA, controlling over 17,550 acres of mineral rights with historic fluorspar resources in the Illinois-Kentucky Fluorspar District [7].