Mr. Akshay Dubey reports
CVW SUSTAINABLE ROYALTIES ANNOUNCES THIRD QUARTER 2025 RESULTS
CVW Sustainable Royalties Inc. has released its operating and financial results for the three and nine months ended Sept. 30, 2025. For complete details, please refer to the Q3 (third quarter) 2025 condensed interim financial statements and associated management's discussion and analysis, available on SEDAR+ and on the company's website.
Highlights:
- Cash on hand as at Sept. 30, 2025, was $3.1-million. The company continues to deploy capital strategically, targeting initiatives that deliver value through the growth of its royalty business and the advancement of its Creating Value From Waste (CVW) technology.
- Total revenue from the company's royalty debenture with Northstar Clean Technologies Inc. was $371,000 for the three-month period ended Sept. 30, 2025, and $1.1-million for the nine-month period ended Sept. 30, 2025.
- Net loss for the three-month period ended Sept. 30, 2025, was $1.0-million and the net loss per share was one cent (basic and diluted). This includes non-cash stock-based compensation expense of $570,000 for the same period.
- Net loss for the nine-month period ended Sept. 30, 2025, was $3.1-million and the net loss per share was two cents (basic and diluted). This includes non-cash stock-based compensation expense of $1.8-million for the same period.
In Q3 2025, Northstar announced that its Calgary facility successfully reached its first commercial milestone of processing 80 tonnes per day of waste asphalt shingles. During the quarter, Northstar also secured important financing commitments, including closing a $3.6-million private placement to support their transition to commercial operations and business development for future facilities, and a non-binding letter of intent from Export Development Canada for potential project financing for up to four Northstar facilities in the United States.
The company continues to advance discussions across a growing pipeline of clean technology royalty opportunities. The company's royalty pipeline continues to grow, reflecting increased engagement from project developers, venture capital firms and government partners. Management remains focused on disciplined underwriting and transaction diligence, with several opportunities currently at advanced stages of review.
About CVW Sustainable Royalties Inc.
CVW Sustainable Royalties invests in innovative technologies that provide returns linked to commodities and that 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-per-cent 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.
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 TMD.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.