Welcome to our dedicated page for CVW CleanTech news (Ticker: CVWFF), a resource for investors and traders seeking the latest updates and insights on CVW CleanTech stock.
CVW CleanTech Inc. (CVWFF) delivers innovative clean technology solutions for sustainable oil sands operations, specializing in tailings management and resource recovery. This page provides investors and industry stakeholders with timely updates on the company’s patented Creating Value from Waste™ technology, strategic partnerships, and environmental advancements.
Access press releases and news covering technology commercialization milestones, royalty financing agreements, and collaborations with Indigenous communities. Stay informed on operational developments that align with global sustainability goals while addressing critical challenges in oil sands waste management.
Key updates include progress in methane emission reduction initiatives, critical mineral recovery breakthroughs, and framework agreements with First Nations partners. Content is organized to highlight both technical innovations and financial strategies that drive long-term value creation.
Bookmark this page for direct access to CVW CleanTech’s official communications. Regularly updated to reflect the company’s role in advancing circular economy principles within resource-intensive industries.
CVW CleanTech Inc. (CVWFF) announced plans to seek shareholder approval for changing its name to "CVW Sustainable Royalties Inc." and modifying its TSX Venture Exchange listing status from a "technology issuer" to an "investment issuer". The company will hold a shareholder meeting on June 27, 2025 to approve these changes.
The strategic shift aims to diversify the company's clean technology portfolio through royalty-based investments while maintaining its commitment to the CVW™ technology. This follows their initial investment in Northstar Clean Technologies Inc. announced in August 2024. The reclassification will enable investments in clean technologies across hydrocarbon, metals and materials, and agriculture sectors.
CVW CleanTech Inc. (TSXV: CVW) (OTCQX: CVWFF) reported its financial results for fiscal year 2024. The company completed a $14.0 million royalty financing transaction with Northstar Clean Technologies, generating $435,000 in revenue. This was funded through an upsized $16.8 million brokered private placement.
Key financial metrics include:
- Cash position of $5.2 million as of December 31, 2024
- Net loss of $3.9 million ($0.03 per share)
The company has built a substantial royalty pipeline valued at over $550 million in potential transactions, with 45+ opportunities under evaluation across hydrocarbons, materials and metals, and agriculture sectors. Northstar's Calgary facility construction is substantially complete, with commissioning expected to finish by Q2-end and commercial operations starting in 2025.
CVW CleanTech (TSXV: CVW) (OTCQX: CVWFF) has announced several corporate updates. CEO Akshay Dubey will moderate a panel at the Tribeca Future Facing Commodities conference in Singapore (April 1-3, 2025), while EVP Dr. Kevin Moran will present at GeoConvention in Calgary (May 12-14, 2025).
The company has engaged Alliance Advisors IR for investor relations services at $7,500 monthly through August 30, 2025, and Integral Wealth Securities as market maker for $6,000 monthly starting February 1, 2025.
As part of its 2024 performance incentive program, CVW CleanTech granted 2,256,482 stock options at $0.84 per share and 466,346 restricted share units to employees. The company's CVW™ technology aims to recover critical minerals from oil sands tailings, potentially supplying up to 8% of global titanium demand, 15% of zircon demand, and 10% of rare earth elements demand.
CVW CleanTech reported its Q3 2024 financial results, highlighting a completed $14.0 million royalty financing transaction with Northstar Clean Technologies, which generated $85,000 in interest revenue. The company raised $16.75 million through a brokered private placement. Cash position stood at $6.2 million as of September 30, 2024. The company reported a net loss of $584,000 ($0.01 per share) for Q3 and $2.8 million ($0.02 per share) for the nine-month period. Notable developments include Northstar's Calgary facility construction progress and a partnership with the University of Alberta to develop a commercial grade monazite circuit for rare earth elements.
CVW CleanTech (TSXV: CVW) (OTCQX: CVWFF) announces that Fort McKay Métis Nation has joined their non-binding framework agreement with four other Indigenous Nations. The agreement enables Indigenous communities to purchase up to 20% interest in hydrocarbon recovery ventures and 40% in mineral recovery technologies. CVW CleanTech's Creating Value from Waste™ technology can annually recover up to 13.2 million barrels of hydrocarbons and 1.5 million tonnes of titanium and zircon critical minerals from oil sands tailings. The technology aims to improve water management and environmental conditions while providing economic benefits to local communities. The agreement remains subject to definitive agreements and regulatory approvals.
CVW CleanTech CEO Akshay Dubey has been invited to address the House of Commons' Standing Committee on Environment and Sustainable Development regarding environmental and climate impacts on the Canadian financial system. Additionally, the company has been selected to join Alberta's official delegation at COP 29 in Baku, Azerbaijan (November 11-22, 2024). The company's Creating Value From Waste™ technology focuses on recovering hydrocarbons, water, and critical minerals from oil sands mining tailings while reducing GHG emissions, VOCs, and tailings volume. This technology addresses global environmental challenges related to tailings ponds, which contain 217km³ of material with a total mass of 282 billion tonnes worldwide.
CVW CleanTech (TSXV: CVW) (OTCQX: CVWFF) has successfully closed a $14 million royalty investment with Northstar Clean Technologies. The investment involves purchasing a five-year $14 million second secured 10% convertible debenture from Northstar, replacing a previous $1.5 million Initial Convertible Debenture. Upon conversion, CVW CleanTech will receive recurring royalty payments of at least 12% of revenues from Northstar's next two commercial facilities.
The convertible debenture features a 10% annual coupon rate with semi-annual interest payments and a five-year maturity term. It is second lien secured and includes provisions for automatic conversion into royalties when Northstar's facilities reach specific volume and revenue thresholds. This transaction marks CVW CleanTech's first royalty investment, aiming to create value and accelerate growth for shareholders through exposure to additional clean technologies.
CVW CleanTech Inc. (TSXV: CVW) (OTCQX: CVWFF) has released its Q2 2024 financial results. Key highlights include:
- Cash on hand of $4.6 million as of June 30, 2024
- Net loss of $1,230,000 for Q2 2024, with a net loss per share of $0.01
- Net loss of $2,181,000 for H1 2024, with a net loss per share of $0.02
- Entered into a royalty investment with Northstar Clean Technologies Inc.
- Announced a private placement offering of $15 million
The company is focusing on commercializing its Creating Value From Waste™ technology and diversifying into a clean tech royalty platform to create shareholder value and accelerate growth.