CVW Cleantech Announces CFO Transition
CVW CLEANTECH ANNOUNCES CFO
TRANSITION
CALGARY, AB
,
May 3, 2023
/CNW/ -
CVW CleanTech Inc. (the "Company" or "CVW
CleanTech")
(TSXV: CVW) today announced the appointment of
Joshua Grant
as Chief Financial
Officer and Corporate Secretary effective
May 22, 2023
. Mr. Grant succeeds
Ingrid Meger
who has
notified the Company of her intention to pursue other opportunities. Ms. Meger will remain with the
Company until
mid-May 2023
.
"We are very pleased to welcome Josh to CVW CleanTech. He is a well-rounded and experienced
professional with extensive finance and accounting experience, and I am confident that his expertise
will be an asset to the team," said
Akshay Dubey
, CEO of CVW CleanTech.
Joshua Grant
has over 14 years of experience across the manufacturing, distribution and natural
resource sectors. Mr. Grant joins CVW CleanTech from Wesdome Gold Mines Ltd. where he was
the finance leader responsible for banking and treasury management, external financial reporting and
oversight of the controllership functions. Mr. Grant has also worked at the Director and
Controllership levels for a multitude of organizations including Pathways to Education Canada,
Multimatic and DoALL Canada, Inc. Mr. Grant started his career with Deloitte as an accounting
professional and is a Chartered Professional Accountant in
Canada
.
"Ms. Meger has been an important part of the leadership team at CVW CleanTech since 2021 and
was a key contributor as the Company embarked on its transformation from Titanium Corporation.
On behalf of the Company and our Board, we thank her for her dedication and efforts, and wish her
well on her future endeavours," added Mr. Dubey.
The Board of Directors of the Company has approved a grant of 300,000 stock options to Mr.
Grant. The options will vest after a minimum of 18 months and after attaining certain performance
and market-based conditions. The options will have a term of 5 years to expiry and will have an
exercise price equal to the closing price of the Company's common shares on the TSX Venture
Exchange at the end of the second clear trading following the announcement of the Company's
results for the three month period ended
March 31, 2023
(or such later dated as may be required by
the Company's policies or applicable securities laws).
About CVW CleanTech Inc.
CVW CleanTech is a clean technology innovator that has focused on providing solutions to the
mining sector of
Canada's
oil sands industry. The Company's CVW™ technology provides
sustainable solutions to reduce the environmental footprint of the oilsands industry.
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.
SOURCE
CVW CleanTech Inc
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http://www.newswire.ca/en/releases/archive/May2023/03/c9248.html
%SEDAR: 00003982E
For further information:
Akshay Dubey, Chief Executive Officer, 403.460.8135,
CO: CVW CleanTech Inc
CNW 08:00e 03-MAY-23