CVW Cleantech Announces Results Of Key AGM Voting Items
Press Release
CALGARY, ALBERTA – (July 2, 2025) – CVW CleanTech Inc. (the “Company” or “CVW CleanTech”) (TSX-V: CVW, OTCQX: CVWFF, FSE: TMD0) is pleased to announce that shareholders of the Company (the “Shareholders”) voted in favour of all items of business brought before them at the Company’s annual general and special meeting (the “Meeting”), including the Industry Classification Change, Name Change, and the Equity Incentive Plan (as those terms are defined below). These resolutions are further discussed in the Management Information Circular dated May 14, 2025 (the “Circular”), and the Company’s press release dated May 27, 2025.
Industry Classification Change
CVW CleanTech received Shareholder approval for its previously announced intention to update its listing status from a “technology issuer” to an “investment issuer” (the “Industry Classification Change”) pursuant to the policies of the TSX Venture Exchange (the “Exchange”). The Company can confirm that it has received final approval from the Exchange on the Industry Classification Change.
The Industry Classification Change will provide the Company with additional flexibility in structuring investments and streamline regulatory approvals for future transactions. The Industry Classification Change is not being conducted in connection with a transaction or financing, and instead is intended to support the Company’s royalty diversification strategy moving forward.
Name Change
At the Meeting, Shareholders also approved a resolution authorizing the Company to amend its articles to change its legal name to “CVW Sustainable Royalties Inc.” (the “Name Change”). The Company’s board of directors has approved the Name Change, and it is expected that the Name Change will be effective in short-order. The Company’s ticker symbol on the Exchange will remain unchanged.
Equity Incentive Plan
The Shareholders approved the adoption of the Company’s proposed 10% rolling equity incentive plan (the “EIP”). A summary of the material provisions and the full text of the EIP may be found in the Circular, available on the Company’s profile on www.sedarplus.ca.
Further disclosure on the matters approved at the Meeting can be found in the Management Information Circular dated May 14, 2025, available on the Company’s SEDAR+ at www.sedarplus.ca.
Completion of the Name Change is subject to final Exchange approval. The Exchange has in no way passed upon the merits of the Industry Classification Change or the Name Change and has neither approved nor disapproved the contents of this news release.
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”.
For further information, please contact:
Akshay Dubey
CEO
403.460.8135
Akshay.Dubey@CVWCleanTech.com
Joshua Grant
CFO
403.460.8135
Joshua.Grant@CVWCleanTech.com
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