Mr. John Lee reports

CLEANTECH ANNOUNCES CLOSING OF THIRD AND FINAL TRANCHE OF PRIVATE PLACEMENT

Further to the news releases dated Aug. 20, 2026, Aug. 25, 2026, and Sept. 16, 2026, Cleantech Vanadium Mining Corp. has completed its third and final tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $215,000 by the sale and issuance of 2.15 million units of the company at a price of 10 cents per unit. Together with the first and second tranche closings, the company has raised a gross total of $803,500 under the offering.

Each unit consists of one common share in the capital of the company and one transferable share purchase warrant. Each warrant shall entitle the holder thereof to purchase one additional share at a price of 15 cents per share for a period of three years from the date of issuance.

Insiders of the company subscribed for a total of 2.8 million units for aggregate gross proceeds of $280,000 across all tranches. The issuance of units to the insiders is considered a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company relied on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the insiders' participation in the offering did not exceed 25 per cent of the fair market value of the company's market capitalization. The company will file a material change report in respect of the related-party transaction.

In connection with the final tranche, the company also issued 12,000 units to a certain finder as finders' fees. Each finder's unit consists of one share and one non-transferable share purchase warrant. Each finder's warrant is exercisable to acquire one share at a price of 15 cents per share at any time on or before the 36-month anniversary of the date of issuance.

All securities issued in connection with the offering are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

The company intends to use the proceeds from the offering for general working capital purposes.

About Cleantech Vanadium Mining Corp.

Cleantech is a mining company focused on discovering, producing and supplying critical mineral resources from within and to the United States. The company has an option to acquire 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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