Core Viewpoint - CleanTech Vanadium Mining Corp. has authorized the grant of 673,148 restricted share units (RSUs) to certain officers, employees, and consultants, which will vest on the anniversary of the grant date and can be redeemed for common shares of the Company [1]. Group 1: RSU Grant Details - The grant of RSUs is classified as a related party transaction under Multilateral Instrument 61-101, allowing the Company to bypass formal valuation and minority shareholder approval requirements [2]. - The exemptions relied upon are specified in sections 5.5(b) and 5.7(1)(a) of MI 61-101 [2]. Group 2: Company Overview - CleanTech is focused on discovering, producing, and supplying critical mineral resources, particularly in the United States [3]. - The Company has an option to acquire over 17,550 acres of mineral rights with historic Fluorspar resources in the Illinois-Kentucky Fluorspar District [3]. - CleanTech also holds a 100% interest in the Gibellini Vanadium Mine Project located in Nevada [3].
CleanTech Grants 673,148 Restricted Share Units