Core Viewpoint - CleanTech Vanadium Mining Corp. has signed a royalty agreement with Oracle Commodity Holding Corp. for its Fluorspar Projects in the Illinois-Kentucky Fluorspar District, which includes a 2% net smelter returns royalty and a minimum payment structure [1][2][3]. Company Summary - CleanTech Vanadium Mining Corp. focuses on critical mineral resources in the USA, holding an option to acquire 7,180 acres of mineral rights with historic fluorspar resources [15]. - The company owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada [15]. Royalty Agreement Details - The Royalty Agreement grants Oracle a 2% net smelter returns royalty with a minimum of $6 per tonne of minerals sold [2]. - Oracle will pay USF non-refundable cash payments totaling $6,000,000 over four years, equating to 20% of the cash consideration paid to the vendor [3]. - The first cash payment from Oracle to USF will be $65,000 after TSX-V approval of the Royalty Agreement [3]. Fluorspar Projects Overview - CleanTech's Fluorspar Projects are located in the Illinois-Kentucky Fluorspar District, a historically significant mineral province with extensive production history [6][7]. - The district has produced over 12.5 million tons of refined fluorspar since the late 1800s, with significant mineral resource potential supported by over 720 historic drill holes [6][7]. Geological Context - The Fluorspar Projects are situated within the Kentucky-Illinois fluorspar district, characterized by Mississippian-age limestones and complex fault systems [8][9]. - The primary deposits optioned by CleanTech include Campbell-Crotser, Tabb, Babb-Barnes, and Robinson-Lasher, which are associated with steeply-dipping normal faults [9]. Market Overview - In 2024, China produced over 60% of the world's fluorspar, with production figures reaching 5.9 million tons [11]. - China has transitioned from being a net exporter to a significant importer of fluorspar since 2023, with imports rising 32% year-on-year to approximately 1.30 million tons in 2024 [13]. - The US fluorspar price has increased from approximately $300 per ton in 2020 to over $450 per ton in 2025 [13].

Core Viewpoint - CleanTech Vanadium Mining Corp. has entered into a binding option-to-purchase agreement to acquire a package of Fluorspar mining projects totaling approximately 7,180 acres in Kentucky and Illinois for a total of US$4,000,000, positioning the company as a significant player in the U.S. fluorspar market [1][2][5]. Transaction Summary - The option-to-purchase agreement allows CleanTech to acquire both groups of Fluorspar Projects for US$4,000,000 or choose one group for US$2,250,000, with payments structured over several years [2][7]. Strategic District Position - The Fluorspar Projects consist of over a dozen distinct deposits with significant historic drilling, covering key segments of the Western Kentucky Fluorspar District, which has a rich production history [3][10]. - The district's geological setting and established transportation infrastructure enhance the strategic value of CleanTech's assets in an import-dependent U.S. market [4][9]. Market Overview - The global fluorspar market is heavily influenced by China, which produced over 60% of the world's fluorspar in 2024, while the U.S. fluorspar price has increased from approximately $300 per ton in 2020 to over $450 per ton in 2025 [35][36]. - China has transitioned from being a net exporter to a significant importer of fluorspar, driven by rising demand from energy storage systems [36]. Project Details - The Fluorspar Projects include several key deposits such as Campbell-Crotser, Tabb, Babb-Barnes, and Robinson-Lasher, each with substantial historic resource estimates and strategic geological positioning [12][15][19]. - The Campbell-Crotser project is highlighted as the flagship asset, with a historic resource estimate of 805,841 tons grading 37.10% CaF2 [15][16]. - The Tabb Fault system is noted for its significant scale, historically producing 30% of all fluorspar mined in the Kentucky portion of the district [19][20]. Infrastructure and Exploration - The Babb-Barnes project features complete mine infrastructure, making it immediately viable for production, with historic production totaling 145,335 tons grading 38% CaF2 [21][22]. - The Robinson-Lasher project showcases potential for zinc alongside fluorspar, with extensive exploration already conducted [23][24]. Historical Context - The Illinois-Kentucky Fluorspar District has been a focal point for fluorspar production since the late 1800s, with significant historical extraction of refined fluorspar [9][10]. - The district's geological complexity and historical production underscore its importance as a major fluorspar province globally [12][14].

Company Overview - Globex Mining Enterprises Inc. has acquired a 100% interest in a contiguous claim block of 14 unpatented lode claims in Lincoln County, southeastern Nevada, covering a total area of 117.06 hectares [1] Historical Context - Fluorite was discovered on the property in 1957, with production of fluorspar starting in early 1958, totaling an estimated production of 44,900 tons grading 69% CaF2 by 1971 [2] Geological Insights - A mapping program conducted in 2024 suggested that mineralization may be influenced by NW-SE trending regional structures and a crosscutting N-S fault zone, with fluorite mineralization primarily as a replacement of carbonate rock [3] - Recent sampling revealed high fluorite grades, with 14 samples showing grades between 49.83% and 88.15% CaF2, and anomalous gold found in several samples [4] Sample Analysis - Samples were analyzed at American Assay Laboratories, with methods including whole rock analysis and loss of ignition (LOI) determination [7] Market Context - Fluorspar is predominantly used in the production of hydrofluoric acid, which is essential for various products including toothpaste, computers, and Teflon pans, with global production estimated between 5.7 million tons to 6.0 million tons [8][9]