CleanTech Announces Intention to Amend Option Terms
CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) has announced plans to reprice 9,090,000 incentive stock options. The company intends to adjust various option tranches to a new exercise price of $0.06, down from previous prices ranging from $0.10 to $0.20. Of these options, 8,230,000 are held by company insiders.
The repricing requires TSX Venture Exchange approval and disinterested shareholder approval for insider-held options. The transaction qualifies as a related party transaction under MI 61-101 but is exempt from formal valuation and minority approval requirements as the fair market value falls below 25% of the company's market capitalization.
["Potential to encourage early exercise of options", "New exercise price aligned with current market price ($0.06 as of August 13, 2025)"]CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) ha annunciato l'intenzione di rivedere il prezzo di esercizio di 9,090,000 incentive stock options. La societ脿 intende adeguare diverse tranche di opzioni a un nuovo prezzo di esercizio pari a $0.06, in diminuzione rispetto ai precedenti importi compresi tra $0.10 e $0.20. Di queste opzioni, 8,230,000 sono detenute da insider della societ脿.
La riprezzatura richiede l'approvazione della TSX Venture Exchange e l'approvazione degli azionisti non interessati per le opzioni detenute dagli insider. L'operazione rientra nella categoria delle transazioni con parti correlate ai sensi del MI 61-101, ma 猫 esente dai requisiti di valutazione formale e di approvazione delle minoranze poich茅 il valore equo 猫 inferiore al 25% della capitalizzazione di mercato della societ脿.
- Potenziale incentivo all'esercizio anticipato delle opzioni
- Il nuovo prezzo di esercizio 猫 allineato al prezzo di mercato attuale ($0.06 al 13 agosto 2025)
CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) ha anunciado su intenci贸n de revaluar el precio de ejercicio de 9,090,000 incentive stock options. La compa帽铆a planea ajustar varias series de opciones a un nuevo precio de ejercicio de $0.06, por debajo de los precios anteriores que iban de $0.10 a $0.20. De estas opciones, 8,230,000 est谩n en manos de directivos/insiders de la empresa.
La revaluaci贸n requiere la aprobaci贸n de la TSX Venture Exchange y la aprobaci贸n de los accionistas no interesados para las opciones en poder de insiders. La operaci贸n se considera una transacci贸n con partes relacionadas seg煤n MI 61-101, pero est谩 exenta de los requisitos formales de valoraci贸n y de aprobaci贸n de minor铆as porque el valor razonable es inferior al 25% de la capitalizaci贸n de mercado de la compa帽铆a.
- Potencial para incentivar el ejercicio anticipado de las opciones
- El nuevo precio de ejercicio est谩 alineado con el precio de mercado actual ($0.06 al 13 de agosto de 2025)
CleanTech Vanadium Mining Corp. (OTCQB: CTVFF)电� 9,090,000臧滌潣 鞚胳劶韹半笇 鞀ろ啞鞓奠厴鞐� 雽�頃� 頄夓偓臧� 鞛“鞝曥潉 瓿勴殟頃橁碃 鞛堧嫟瓿� 氚滍憸頄堨姷雼堧嫟. 須岇偓电� 鞐煬 韸鸽灉旃橃潣 鞓奠厴 頄夓偓臧�毳� 旮办〈 $0.10~$0.20鞐愳劀 $0.06鞙茧 雮稖 鞓堨爼鞛呺媹雼�. 鞚� 欷� 8,230,000臧湹鐢 須岇偓 雮措秬鞛愲摛鞚� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.
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- 靸� 頄夓偓臧�臧� 順勳灛 鞁滌灔臧�鞐� 攵�頃� ($0.06, 2025雲� 8鞗� 13鞚� 旮办)
CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) a annonc茅 son intention de r茅viser le prix d'exercice de 9,090,000 incentive stock options. La soci茅t茅 pr茅voit d'ajuster plusieurs tranches d'options 脿 un nouveau prix d'exercice de $0.06, en baisse par rapport aux prix ant茅rieurs allant de $0.10 脿 $0.20. Parmi ces options, 8,230,000 sont d茅tenues par des initi茅s de la soci茅t茅.
Cette revalorisation n茅cessite l'approbation de la TSX Venture Exchange ainsi que l'approbation des actionnaires non concern茅s pour les options d茅tenues par des initi茅s. L'op茅ration constitue une transaction entre parties li茅es au sens de la MI 61-101, mais elle est exempt茅e des obligations d'茅valuation formelle et d'approbation des minoritaires car la juste valeur marchande est inf茅rieure 脿 25 % de la capitalisation boursi猫re de la soci茅t茅.
- Potentiel d'encourager l'exercice anticip茅 des options
- Nouveau prix d'exercice align茅 sur le cours du march茅 actuel ($0.06 au 13 ao没t 2025)
CleanTech Vanadium Mining Corp. (OTCQB: CTVFF) hat Pl盲ne angek眉ndigt, 9,090,000 Incentive-Stock-Options umzupreisen. Das Unternehmen beabsichtigt, verschiedene Options-Tranchen auf einen neuen Aus眉bungspreis von $0.06 anzupassen, gegen眉ber fr眉heren Preisen zwischen $0.10 und $0.20. Davon befinden sich 8,230,000 im Besitz von Insidern des Unternehmens.
Die Umpriesung erfordert die Genehmigung der TSX Venture Exchange sowie die Zustimmung der nicht beteiligten Aktion盲re f眉r insidergehaltene Optionen. Die Transaktion gilt nach MI 61-101 als gesch盲ft mit verbundenen Parteien, ist jedoch von formellen Bewertungs- und Minderheiten-Zustimmungsanforderungen ausgenommen, da der faire Marktwert unter 25% der Marktkapitalisierung des Unternehmens liegt.
- Kann einen Anreiz f眉r vorzeitige Aus眉bung der Optionen schaffen
- Neuer Aus眉bungspreis entspricht dem aktuellen Marktpreis ($0.06 per 13. August 2025)
- None.
- Significant repricing downward indicates substantial stock price decline
- Large portion of options (90.5%) held by insiders
- Dilutive impact if options are exercised
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2025) - CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) (FSE: C9R) ("CleanTech" or the "Company") announces that it proposes to reprice (the "Option Repricing") an aggregate of 9,090,000 incentive stock options of the Company (the "Options").
The Company intends to adjust the exercise price of 3,050,000 Options from
The purpose of the Option Repricing is primarily to encourage the early exercise of such Options.
Related Party Transaction
Certain of the directors, officers and other related parties of the Company hold an aggregate of 8,230,000 Options subject to the Option Repricing. Accordingly, the repricing of Options held by related parties of the Company is expected to constitute a "related party transaction" of the Company under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101").
It is expected that pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101, the Company will be exempt from obtaining a formal valuation and minority approval of the Company's shareholders as the fair market value of repriced Options held by related parties of the Company is expected to be below
A material change report including details with respect to the related party transaction may be filed less than 21 days prior to the closing of the Option Repricing as the Company wishes to complete such transactions in a timely manner.
About CleanTech Vanadium Mining Corp.
CleanTech is a mining company focused on critical mineral resources in the USA. The Company has an option to acquire 7,180 acres of mineral rights with historic Fluorspar resources across multiple projects in Illinois-Kentucky Fluorspar district. CleanTech also owns a
Further information on CleanTech can be found at
ON BEHALF OF THE BOARD
"John Lee"
Chief Executive Officer
For more information about CleanTech, please contact:
Phone: 1.877.664.2535
Email: [email protected]
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.
To view the source version of this press release, please visit
FAQ
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