CORRECTION FROM SOURCE: CleanTech Issues Shares for Salaries to Align Management and Shareholder Interests

Vancouver, British Columbia–(Newsfile Corp. – February 21, 2025) – CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) (“CleanTech” or the “Company”) announces that the following CleanTech common shares were issued pursuant to the Shares for Services Agreements with its senior management team effective November 1, 2024 and detailed in the news releases dated October 8, 2024 and November 14, 2024 (the “Shares for Services Agreement”).

Since November 1, 2024, 1,193,203 shares have been issued under the Shares for Services Agreements in lieu of 15% of senior management salaries.

The table below sets out each individual issuance:

Name of OfficerDate of IssuanceNumber of
SharesCAD $
AmountDeemed Price
per ShareAlex Bayer
(Bayer Law Corporation)November 1, 202433,332$1,250.00$0.0375Alex Bayer
(Bayer Law Corporation)December 1, 202437,037$1,250.00$0.03375Rob Van DrunenDecember 1, 202492,593$3,125.00$0.03375John LeeDecember 1, 202444,444$1,500$0.03375Ron EspellDecember 1, 2024142,694$4,812.50$0.03375Alex Bayer
(Bayer Law Corporation)January 2, 202541,667$1,250.00$0.03Rob Van DrunenJanuary 2, 2025104,167$3,125.00$0.03John LeeJanuary 2, 202550,000$1,500$0.03Ron EspellJanuary 2, 2025164,874$4,946.22$0.03Alex Bayer
(Bayer Law Corporation)February 3, 202555,556$1,250.00$0.0225Rob Van DrunenFebruary 3, 2025138,889$3,125.00$0.0225John LeeFebruary 3, 202566,667$1,500$0.0225Ron EspellFebruary 3, 2025221,283$4,978.88$0.0225TOTAL:
1,193,203$33,612.60

Securities issued pursuant to the Shares for Services Agreement are subject to regulatory four month hold periods.

The Company confirms that these shares issuances have not resulted in the creation of a new Control Person.

About CleanTech Vanadium Mining Corp.

CleanTech is an exploration-stage mining company focused on vanadium and critical mineral resources. The Company owns a 100% interest in the Gibellini vanadium project in Nevada, United States.

CLEANTECH VANADIUM MINING CORP.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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