Mr. John Lee reports

CLEANTECH EXPANDS ROYALTY AGREEMENT WITH ORACLE COMMODITY HOLDING TO INCLUDE NEWLY ACQUIRED ILLINOIS FLUORSPAR PROPERTIES

U.S. Fluorspar LLC, Cleantech Vanadium Mining Corp.'s wholly owned subsidiary, and Oracle Commodity Holding Corp. have entered into a third amending agreement, effective Nov. 14, 2025, to the net smelter return royalty agreement dated Aug. 11, 2025, as amended on Aug. 27, 2025, and Oct. 2, 2025.

The third amending agreement expands the royalty agreement to include fluorspar properties consisting of 37 mineral rights parcels totalling 1,605 acres in Illinois's Pope and Hardin counties.

Under the royalty agreement, as amended, Oracle Commodity Holding is entitled to a 2-per-cent net smelter return royalty on minerals produced and sold from the mineral properties included in the royalty agreement subject to a minimum of $6 (U.S.) per tonne of minerals sold.

In consideration, Oracle Commodity Holding has agreed to pay USF, upon TSX Venture Exchange approval of the royalty agreement, and any subsequent amendments, non-refundable cash payments equal to 20 per cent of the cash consideration that USF has paid, pays or will pay to various vendors to acquire the properties under various agreements. For clarity, Oracle Commodity Holding is only required to make matching payments once USF has made actual cash payments to the vendors.

To acquire the royalty on the new Illinois fluorspar properties, Oracle Commodity Holding will pay USF 20 per cent of $68,700 (U.S.).

The full terms of the royalty agreement, as amended, are set out in the company's news releases dated Aug. 12, 2025, Aug. 29, 2025, and Oct. 8, 2025.

Oracle Commodity Holding is a control person of Cleantech, holding 42,799,502 common shares of Cleantech. As such, Cleantech and Oracle Commodity Holding are related parties to each other within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). Cleantech and Oracle Commodity Holding 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-V).

About Cleantech Vanadium Mining Corp.

Cleantech is a mining company focused on critical mineral resources in the United States. The company controls more than 17,550 acres of mineral rights with historic fluorspar resources across multiple projects in the Illinois-Kentucky fluorspar district. Cleantech also owns a 100-per-cent interest in the Gibellini vanadium mine project in Nevada.

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