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CleanTech Vanadium Mining ( (TSE:CTV) ) has issued an update.
CleanTech Vanadium Mining Corp. and Oracle Commodity Holding Corp. have amended their royalty agreement to include the Quarant Fluorspar Project in Kentucky. This amendment entitles Oracle to a 2% net smelter return royalty on minerals produced and sold from the properties, with Oracle agreeing to pay USF 20% of the cash consideration for the acquisition of these properties. This strategic move strengthens CleanTech’s position in the critical minerals sector and enhances its operational footprint in the Illinois-Kentucky Fluorspar District.
More about CleanTech Vanadium Mining
CleanTech Vanadium Mining Corp. is a mining company focused on critical mineral resources in the USA. The company has options to acquire significant mineral rights with historic Fluorspar resources across multiple projects in the Illinois-Kentucky Fluorspar District and owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada.
Average Trading Volume: 440,247
Technical Sentiment Signal: Buy
See more insights into CTV stock on TipRanks’ Stock Analysis page.