#United States #Annual Meeting #CFTN #Clifton Mining #Alpine, Utah

Clifton Mining Company Annual Meeting Summary

On October 17, 2025, the Clifton Mining Company convened its annual meeting at 12:30 PM at the Alpine Art Center located in Alpine, Utah. This significant gathering for stakeholders established key decisions affecting the company's future.

Shareholders present at the meeting voted decisively in favor of the six nominees for the Board of Directors. The results were calculated from a quorum of around 64% of the voting shares, leading to the following breakdown:

• - Jessica Marr (Term expiring 2026): 78% of votes in favor
• - Michael Marr (Term expiring 2027): 79% of votes in favor
• - Erica Marr (Term expiring 2027): 78% of votes in favor
• - K. Bruce Jones (Term expiring 2028): 89% of votes in favor
• - Kenneth S. Friedman (Term expiring 2028): 66% of votes in favor
• - Scott S. Moeller (Term expiring 2028): 65% of votes in favor

In addition to director elections, shareholders overwhelmingly ratified the appointment of Sadler, Gibb Associates, LLC as the independent auditors for Clifton, receiving about 90% positive votes. This decision reflects confidence in the financial integrity of the company and its upcoming initiatives.

Three comprehensive reports were shared during the meeting, providing insights into the company’s strategy and market conditions. Michael Marr offered a narrative of his journey into investing, including notable interests in both the Desert Hawk Gold Corp. and Clifton Mining Company. Significantly, he noted that operations at Desert Hawk were again cash flow positive, now producing about six ounces of gold daily.

Ken Friedman introduced a shift in the company’s strategy, emphasizing a transition from survival mode—surprisingly, one of the few exploration companies still active—to now actively seeking partnerships to exploit the Clifton Shear Zones. The company’s expansive mining properties include promising mineral targets that are critical for future growth. This strategic pivot is particularly timely, given the rising pricing of precious metals.

Lastly, Paul Schwitzer, Vice President of Marketing and Sales for American Biotech Labs, reiterated positive sales trends for their products in 2025, significantly eclipsing last year's figures. Notably, he revealed that Amazon sales continued to surge, with over 70% of new customers reordering their products, showcasing the increasing demand in the medical supply sector.

As the meeting adjourned at about 2:30 PM, the atmosphere was undoubtedly optimistic. The steps taken during this annual gathering, from leadership elections to strategic marketing objectives, highlight Clifton Mining Company's commitment to not just maintaining but enhancing its position in the mining industry. It trades proudly on the OTC Markets with the symbol "CFTN." The developments echoed throughout the conference clearly indicate the company is gearing up for an ambitious future.

Disclaimer: Statements made during the meeting regarding future prospects are forward-looking and involve various risks and uncertainties.