CleanTech Vanadium Mining Corp. Gains Shareholder and TSXV Conditional Approval for Sale of Robinson-Lasher Zinc-Germanium-Gallium Deposit to Silver Elephant Mining
CleanTech Vanadium Mining Corp. (TSXV: CTV | OTCQB: CTVFF) announced that shareholders approved all resolutions at its annual general and special meeting held on September 11, 2026, including the proposed sale of the Robinson-Lasher zinc-germanium-gallium deposit to Silver Elephant Mining Corp. The company also confirmed receiving conditional approval from the TSX Venture Exchange for the transaction on September 8, 2026. These approvals mark key milestones for the Robinson-Lasher asset sale, initially disclosed in a news release dated June 12, 2026, as investors await confirmation that all closing conditions have been met.
Key Highlights
- CleanTech Vanadium Mining Corp. (TSXV: CTV | OTCQB: CTVFF) conducted its annual general and special meeting on September 11, 2026
- Shareholders approved the Robinson-Lasher Transaction, involving the sale of the zinc-germanium-gallium deposit to Silver Elephant Mining Corp.
- TSXV granted conditional approval on September 8, 2026; final closing remains contingent on customary conditions
- Investors should monitor the fulfillment of closing conditions and final TSXV approval to finalize the asset sale
Shareholder Approvals at September 11 Annual General and Special Meeting
During the September 11, 2026 meeting, CleanTech Vanadium Mining Corp. shareholders voted in favor of all resolutions presented. These included setting the board size at three directors — John Lee, Greg Hall, and Masateru Igata — reappointing Mao & Ying LLP as auditors, ratifying the amended and restated incentive plan, approving an amended net smelter return royalty agreement with Oracle Commodity Holding Corp. dated July 20, 2026, and approving the sale of the Robinson-Lasher Project to Silver Elephant Mining Corp. Notably, disinterested shareholder approval by simple majority was specifically required for the Robinson-Lasher Transaction due to its non-arm’s length nature.
TSXV Conditional Approval and Non-Arm’s Length Transaction Compliance
The TSX Venture Exchange issued conditional approval for the Robinson-Lasher Transaction on September 8, 2026, three days prior to the shareholder vote. Given the involvement of non-arm’s length parties as defined by TSXV policies, and the absence of value evidence in the prescribed format, the TSXV mandated disinterested shareholder approval. The company confirmed that such approval was obtained. Completion of the Robinson-Lasher Transaction remains subject to customary conditions outlined in the conditional approval letter and the asset purchase agreement.
CleanTech’s Critical Minerals Holdings Post Robinson-Lasher Divestiture
CleanTech Vanadium Mining Corp. positions itself as a critical minerals-focused mining company operating within the United States. It holds an option to acquire over 17,550 acres of mineral rights with historic fluorspar resources across multiple projects in the Illinois-Kentucky Fluorspar District, along with a 100% interest in the Gibellini Vanadium Mine Project in Nevada. The Robinson-Lasher Transaction, upon closing, will represent a divestiture from the company’s zinc-germanium-gallium assets. Financial terms of the Robinson-Lasher Transaction were not disclosed in this announcement.
