CVW Sustainable Royalties Announces Second Quarter 2025 Results
CVW Sustainable Royalties Announces
Second Quarter 2025 Results
Calgary, Alberta--(Newsfile Corp. - August 13, 2025) -
CVW Sustainable Royalties Inc. (TSXV: CVW)
(OTCQX: CVWFF) (FSE: TMD0) (the "Company" or "CVW Royalties")
today announced its
operating and financial results for the three and six months ended June 30, 2025. For complete details,
please refer to the Q2 2025 Condensed Interim Financial Statements and associated Management's
Discussion and Analysis, available on SEDAR+:
www.sedarplus.ca
or on the Company's website
at:
www.CVWSustainableRoyalties.com
.
Highlights
Cash on hand as at June 30, 2025 was $3.8 million. The Company remains focused on deploying
capital thoughtfully, prioritizing initiatives that support its royalty strategy and drive the development
of its Creating Value From Waste™ ("CVW™") technology.
Total revenue from the Company's royalty debenture with Northstar Clean Technologies Inc.
("Northstar") was $367,000 for the three month period ended June 30, 2025, and $721,000 for the
six month period ended June 30, 2025.
Net loss for the three month period ended June 30, 2025 was $1.2 million and the net loss per
share was $0.01 (basic and diluted) for the same period. This includes non-cash stock-based
compensation expense of $722,000 for the three month period ended June 30, 2025.
Net loss for the six month period ended June 30, 2025 was $2.1 million and the net loss per share
was $0.01 (basic and diluted) for the same period. This includes non-cash stock-based
compensation expense of $1.2 million for the six month period ended June 30, 2025.
In July 2025, Northstar announced that its Calgary facility successfully produced its first liquid asphalt,
marking the completion of commissioning activities for the entire plant. With both the front-end and
hydrocarbon processing back-end fully operational, Northstar has demonstrated its ability to process
asphalt shingles from intake to final product. Northstar is now focused on increasing throughput to reach
its next milestone target of 80 tonnes per day. Northstar also announced that it has received a non-
binding letter of intent from Export Development Canada for potential project financing for up to four
Northstar facilities in the US. This demonstrates strong financing support for Northstar and its growth
plans.
In July 2025, the Company updated its listing status to "investment issuer" pursuant to the policies of the
TSX Venture Exchange. The Company also amended its articles and commenced trading on the TSX
Venture Exchange under the name CVW Sustainable Royalties Inc. The Company's ticker symbol
remains unchanged. The industry classification change, together with the name change, is expected to
support the Company as it aims to capitalize on its pipeline of over $600M in potential royalty
transactions.
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 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 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", 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 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
CEO
403.460.8135
Joshua Grant
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/262323