CVW CleanTech Announces Effective Date of Name Change
CVW CleanTech Announces Effective Date of
Name Change
Calgary, Alberta--(Newsfile Corp. - July 17, 2025) -
CVW CleanTech Inc. (TSXV: CVW) (OTCQX:
CVWFF) (FSE: TMD0) (the "Company" or "CVW CleanTech")
announces that it plans to file Articles
of Amendment to change its name to "CVW Sustainable Royalties Inc." on July 18, 2025 (the "
Name
Change
"). The Company's shareholders approved a special resolution to proceed with the Name
Change at the annual general and special meeting held on June 27, 2025. The Name Change will be
effective on July 21, 2025, and is subject to the final acceptance of the TSX Venture Exchange.
Effective at the start of trading on July 21, 2025, the Company will commence trading on the TSX
Venture Exchange under the new name. The ticker symbol of the Company will remain unchanged. The
new CUSIP and ISIN numbers assigned to the Company's common shares are 23249L106 and
CA23249L1067, respectively. There will be no consolidation of share capital, and shareholders are not
required to change their existing share certificates for new certificates bearing the new Company name.
Company shares held electronically will be booked electronically. The Name Change does not impact
the rights of the Company's shareholders, and no further action is required by existing shareholders with
respect to the Name Change.
About CVW CleanTech Inc.
CVW CleanTech
is a sustainable royalty platform that 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 CleanTech is building a portfolio of royalty-based cash flow streams by
partnering with clean technology innovators in the commodity space. CVW CleanTech is also the 100%
owner of its proprietary technology, Creating Value from Waste™, which is designed to recover bitumen,
solvents, critical minerals, and water from oil sands froth treatment tailings, which would reduce tailings
pond fugitive methane emissions, volatile organic compounds (VOCs), and enhance tailings
management for Alberta's oil sands.
Additional information on CVW™ can be found within the Company's Process and Technology Overview
which is accessible using the link below:
https://cvwtechnology.com/technology/process-and-technology-overview/
CVW CleanTech trades on the TSX Venture Exchange under the symbol "CVW", on the OTCQX under
"CVWFF", and on 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 CleanTech.
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 completion of the Name
Change, the ability of the Company to make strategic investments and identify opportunities, that the
Company will effectively identify and undertake future corporate transactions, 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
CleanTech's technology, expectations regarding synergies or alignments between the business of the
Company and any other organization, CVW CleanTech's 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, 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, and the scope of any activities that will be undertaken. 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. 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
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/259100