CVW Sustainable Royalties Announces Board Transition with Appointment of Roger Mortimer and the Retirement of Moss Kadey
CVW Sustainable Royalties (OTCQX: CVWFF) announced key changes to its Board of Directors. Moss Kadey, who served on the board since 2008, is retiring effective September 5, 2025, but will continue as a Special Advisor to the Board and CEO.
The company appointed Roger Mortimer, an experienced global equity portfolio manager with expertise in cleantech and industrial sectors, to its Board of Directors. Mortimer brings significant experience as a former Chief Investment Officer of Parador Asset Management and has held senior roles at CI Global Investments, Capital Group Companies, and Invesco Funds.
As part of his appointment, Mortimer received 500,000 stock options exercisable at $0.97 per share for five years, subject to performance-based vesting conditions.
CVW Sustainable Royalties (OTCQX: CVWFF) ha annunciato cambiamenti chiave nel suo Consiglio di Amministrazione. Moss Kadey, membro del consiglio dal 2008, andrà in pensione con effetto dal 5 settembre 2025, pur rimanendo come Consulente Speciale per il Consiglio e l’Amministratore Delegato.
L’azienda ha nominato Roger Mortimer nel Consiglio di Amministrazione: gestore di portafogli azionari con esperienza globale e competenze nei settori delle tecnologie pulite e dell’industria. Mortimer vanta un solido curriculum, tra cui il ruolo di Chief Investment Officer presso Parador Asset Management e posizioni di vertice in CI Global Investments, Capital Group Companies e Invesco Funds.
A seguito della nomina, a Mortimer sono state assegnate 500.000 opzioni su azioni esercitabili a $0,97 per azione per cinque anni, subordinate a condizioni di maturazione basate sulle performance.
CVW Sustainable Royalties (OTCQX: CVWFF) anunció cambios importantes en su Junta Directiva. Moss Kadey, que formaba parte de la junta desde 2008, se retira con efecto el 5 de septiembre de 2025, pero continuará como Asesor Especial del Consejo y del CEO.
La compañía nombró a Roger Mortimer como miembro de la Junta Directiva. Mortimer es un gestor de carteras de renta variable con experiencia global y conocimientos en cleantech y sectores industriales. Aporta amplia experiencia, habiendo sido Director de Inversiones en Parador Asset Management y ocupando puestos sénior en CI Global Investments, Capital Group Companies e Invesco Funds.
Como parte del nombramiento, a Mortimer se le concedieron 500.000 opciones sobre acciones ejercitables a $0,97 por acción durante cinco años, sujetas a condiciones de adquisición basadas en el rendimiento.
CVW Sustainable Royalties (OTCQX: CVWFF)는 이사회 주요 변경 사항을 발표했습니다. 2008년부터 이사회에 참여해 온 Moss Kadey는 2025년 9월 5일부로 은퇴하지만 이사회 및 CEO의 특별 고문으로는 계속 활동할 예정입니다.
회사는 청정 기술과 산업 부문에 전문성을 가진 글로벌 주식 포트폴리오 매니저인 Roger Mortimer를 이사회에 임명했습니다. Mortimer는 Parador Asset Management의 전 최고투자책임자(CIO)로서의 경력과 CI Global Investments, Capital Group Companies, Invesco Funds 등에서의 고위직 경험을 보유하고 있습니다.
임명 조건으로 Mortimer에게는 성과 기반 권리 취득 조건이 적용되는 500,000주 옵션이 부여되었으며, 이는 주당 $0.97에 5년간 행사할 수 있습니다.
CVW Sustainable Royalties (OTCQX: CVWFF) a annoncé des changements majeurs au sein de son conseil d’administration. Moss Kadey, membre du conseil depuis 2008, prendra sa retraite à compter du 5 septembre 2025, mais continuera d’agir en tant que conseiller spécial auprès du conseil et du PDG.
La société a nommé Roger Mortimer au conseil d’administration. Mortimer est un gestionnaire de portefeuille actions expérimenté, spécialisé dans les technologies propres et les secteurs industriels. Il apporte une expérience significative, ayant été Chief Investment Officer chez Parador Asset Management et ayant occupé des postes de direction chez CI Global Investments, Capital Group Companies et Invesco Funds.
Dans le cadre de sa nomination, Mortimer a reçu 500 000 options d’achat d’actions exerçables à 0,97 $ par action pendant cinq ans, sous réserve de conditions d’acquisition basées sur la performance.
CVW Sustainable Royalties (OTCQX: CVWFF) hat wesentliche Änderungen in seinem Vorstand angekündigt. Moss Kadey, der seit 2008 im Vorstand tätig ist, tritt zum 5. September 2025 in den Ruhestand, wird dem Vorstand und dem CEO jedoch weiterhin als Special Advisor zur Verfügung stehen.
Das Unternehmen berief Roger Mortimer in den Vorstand. Mortimer ist ein erfahrener globaler Aktienportfoliomanager mit Fachkenntnissen in Cleantech- und Industriesektoren. Er bringt umfangreiche Erfahrung mit, unter anderem als ehemaliger Chief Investment Officer von Parador Asset Management und in leitenden Positionen bei CI Global Investments, Capital Group Companies und Invesco Funds.
Im Rahmen seiner Ernennung erhielt Mortimer 500.000 Aktienoptionen, die zu $0,97 pro Aktie für fünf Jahre ausübbar sind und leistungsabhängigen Vesting-Bedingungen unterliegen.
- Appointment of Roger Mortimer brings valuable cleantech and investment expertise to the board
- Continuity maintained with retiring director Moss Kadey staying on as Special Advisor
- New director compensation aligned with performance through vesting conditions on stock options
- Loss of long-term board member Moss Kadey's direct oversight after 17 years of service
Calgary, Alberta--(Newsfile Corp. - September 8, 2025) - CVW Sustainable Royalties Inc. (TSXV: CVW) (OTCQX: CVWFF) (FSE: TMD0) (the "Company" or "CVW Sustainable Royalties") today announced that Moss Kadey has decided to retire from the Company's Board of Directors, effective as of September 5, 2025. Mr. Kadey has agreed to continue with the Company as a Special Advisor to its Board of Directors and CEO. The Company is also pleased to announce the appointment of Roger Mortimer to its Board of Directors. Mr. Mortimer is an experienced investor and award-winning global equity portfolio manager who brings deep expertise in clean technology, industrials, energy, utilities, and mined commodities. Mr. Mortimer has held Chief Investment Officer, Managing Partner, and other senior executive roles for companies operating on a global basis.
"On behalf of the entire Board and leadership team, I want to express our deep gratitude to Moss for his many years of dedicated service to the Company," said Darren Morcombe, Chair of the Board of Directors. "Moss' sharp business acumen, strategic vision, and genuine authenticity have been invaluable in developing our proprietary Creating Value from Waste ("CVW™") technology, and shaping the Company's path forward. We are also delighted to welcome Roger to our Board as his global investment, cleantech expertise, and proven track record of value creation will significantly enhance our ability to identify and execute royalty opportunities in the cleantech sector."
The Company wishes to acknowledge the significant contributions of Moss Kadey, who has been a key contributor and driver of the business since joining its Board of Directors in 2008. Over the course of his tenure, Moss Kadey's leadership and unwavering commitment have been instrumental in advancing the Company's proprietary CVW™ technology and shaping its transition into the leading clean technology royalty platform. The Board and management extend their sincere gratitude for his nearly two decades of service and look forward to his continued guidance in his new role as Special Advisor.
Mr. Kadey commented, "I am incredibly proud of what we have achieved with CVW Sustainable Royalties and although formally retiring from the Board and its daily functions, I will continue to be engaged and help mentor the CEO and senior management, for whom I have enormous confidence and admiration. In my business experience, they have a wonderful and profitable opportunity ahead of them."
Mr. Mortimer is a highly experienced institutional fund manager with deep knowledge in both cleantech and primary high-emitting industries. He has served as an advisor to a number of companies in the cleantech space, including South Star Battery Metals, a publicly traded graphite mining company, and to private entities in the hydrogen infrastructure, materials processing, and fusion energy industries. A global investor for more than twenty years, his prior experience includes serving as Chief Investment Officer of Parador Asset Management and in Senior Portfolio Management roles at CI Global Investments, Capital Group Companies, and Invesco Funds.
Mr. Mortimer commented, "I am honoured to join CVW Sustainable Royalties' Board of Directors at this exciting stage in the Company's growth. The combination of the Company's cleantech royalty financing model and proprietary CVW™ technology offers a unique and scalable approach to the cleantech sector. I look forward to contributing my experience in capital markets, corporate strategy, and the global energy transition to help drive long-term value for shareholders."
In recognition of joining the Board of Directors, the Company has awarded Mr. Mortimer an aggregate of 500,000 stock options ("Options"). The Options include performance-based vesting conditions and are exercisable at a price of
About CVW Sustainable Royalties Inc.
CVW Sustainable Royalties invests in innovative technologies which provide returns linked to commodities and which operate in a sustainable manner to help accelerate the world's transition to net zero. CVW Sustainable Royalties is building a portfolio of royalty-based cash flow streams by partnering with clean technology innovators in the commodity space. CVW Sustainable Royalties is also the
Additional information on CVW™ can be found within the Process and Technology Overview which is accessible using the link below:
https://cvwtechnology.com/technology/process-and-technology-overview/
CVW Sustainable Royalties trades on the TSX Venture Exchange under the symbol "CVW", and is quoted on the OTCQX under "CVWFF" and the Frankfurt Stock Exchange under the symbol "TMD0".
Disclosure regarding forward-looking information
This news release contains forward-looking statements and information within the meaning of applicable Canadian securities laws (collectively, "forward-looking information") that reflect the current expectations of management about the future results, performance, achievements, prospects, or opportunities for CVW Sustainable Royalties.
Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. The forward-looking statements may include statements regarding the anticipated benefits of the adoption and commercialization of CVW™ technology, the chemical, material, financial, economic, operational, environmental and any other anticipated results of the adoption thereof, potential diversification strategies and the implementation and results thereof, expectations regarding future development, funding (including necessity, sources, and expected structure of the same) and contracted work, expectation as to the timeline on which any goals of the Company will be met, expectations regarding the key economic and policy drivers supporting the adoption of CVW Sustainable Royalties' technology, expectations regarding synergies or alignments between the business of the Company and any other organization, CVW Sustainable Royalties' research and development and commercialization plans, the advantages of the Company's technology, the Company's ongoing engagement with stakeholders, including business development activities, the development of networks with strategic partners, and the development of Company's relationships with Indigenous communities and any potential benefits for the same, potential financing opportunities, including grant and financing opportunities from applicable government programs and non-governmental organizations, and entering into funding agreements related thereto, any expected next steps for the Company, timelines, strategic plans, the scope of any activities that will be undertaken, the closing of the Transaction and Offering on the terms described previously or at all, the Company's future liquidity situation and the market prices of commodities or other statements that are not statement of fact. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company may differ materially from those reflected in forward-looking statements due to a variety of risks, uncertainties and other factors. For the reasons set forth above, investors should not place undue reliance on forward-looking statements. Important factors that could cause actual results to differ materially from the Company's expectations include: uncertainties involved in disputes and litigation, fluctuations in interest rates, commodity prices and currency exchange rates; changes in the availability, and cost, of technical labour required for the success of the Company's products and services; price escalation and/or inflationary pressures affecting the cost of equipment and material required to commercialize the same; the uncertainty of estimates of capital and operating costs; the need to obtain additional financing and uncertainty as to the availability and terms of future financing; the impact on the Company of increasing inflation; any change in government policy, programs, and funding opportunities, whether provincial, national, or international which could negatively affect the Company, and any failure of the same to continue to evolve in accordance with Company's expectations; any change in capital or commodity markets, whether generally or particularly in the clean technology sector, which could cause or compel the Company to adjust its goals, reallocate capital, and/or pursue alternative financing options; and other risks and uncertainties disclosed in other information released by the Company from time to time and filed with the appropriate regulatory agencies.
All forward-looking statements are based on the Company's beliefs and assumptions which are based on information available at the time these assumptions are made. The Company has made the following assumptions in relation to the forward-looking statements in this press release: the expected environmental and economic benefits to be achieved from CVW™ technology; the ability of the Company to successfully access various government funding programs; the details of government funding programs and that such programs will be implemented (and not change) as expected; that the Company will continue to be able to protect its intellectual property; assumptions as to various market and commercial opportunities for the Company and its technology; and the ability of the Company to continue to develop and commercialize its technology; that market conditions will not change adversely so as to prevent the closing of the Transaction and Offering on the terms previously described or at all. The forward-looking statements contained herein are as of the date set out above and are subject to change after this date, and the Company assumes no obligation to publicly update or revise the statements to reflect new events or circumstances, except as may be required pursuant to applicable laws.
Although management believes that the expectations represented by such forward-looking information or statements are reasonable, there is significant risk that the forward-looking information or statements may not be achieved, and the underlying assumptions thereto will not prove to be accurate. Actual results or events could differ materially from the plans, intentions and expectations expressed or implied in any forward-looking information or statements, including the underlying assumptions thereto, as a result of numerous risks, uncertainties and factors including: failure to obtain regulatory approvals; the possibility that opportunities will arise that require more cash than the Company has or can reasonably obtain; dependence on key personnel; dependence on corporate collaborations; potential delays; uncertainties related to early stage of technology and product development; uncertainties as to fluctuation of the stock market; uncertainties as to future expense levels and the possibility of unanticipated costs or expenses or cost overruns; and other risks and uncertainties which may not be described herein.
For further information, please contact:
| Akshay Dubey | Joshua Grant |
| CEO 403.460.8135 | CFO 403.460.8135 |
| Akshay.Dubey@CVWroyalties.com | Joshua.Grant@CVWroyalties.com |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the 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 https://www.newsfilecorp.com/release/265502
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