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CVW Sustainable Royalties Announces $25 Million Brokered Offering
CVW Sustainable Royalties Inc. (TSXV: CVW) (FSE: TMD) ("CVW Royalties" or the "Company") is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. to act as lead agent and co-bookrunner, on behalf of a syndicate of agents including Paradigm Capital Inc. (the "Agents"), in connection with a best-efforts private placement offering (the "Offering"), consisting of up to 32,051,000 units of the Company (each, a "Unit") at an issue price of $0.78 per Unit (the "Offe
About this update from Cvw Sustainable Royalties Inc.
[{"type":"text","content":"/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/","length":99,"tagName":"p","attribs":{}},{"type":"text","content":"CALGARY, AB, Feb. 4, 2026 /CNW/ - CVW Sustainable Royalties Inc. (TSXV: CVW) (FSE: TMD) ("CVW Royalties" or the "Company") is pleased to announce that it has entered into an agreement with Stifel Nicolaus Canada Inc. to act as lead agent and co-bookrunner, on behalf of a syndicate of agents including Paradigm Capital Inc. (the "Agents"), in connection with a best-efforts private placement offering (the "Offering"), consisting of up to 32,051,000 units of the Company (each, a "Unit") at an issue price of $0.78 per Unit (the "Offering Price") for expected gross proceeds of up to approximately $25.0 million.","length":677,"tagName":"p"},{"type":"text","content":"Each Unit shall consist of one common share (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant shall be exercisable to purchase an additional Common Share at a price of $0.95 per Warrant for a period of two years from the Closing Date (as defined below). At any time following the 6-month anniversary of the Closing Date, and from time to time thereafter, if the VWAP of the Common Shares exceeds $1.20 for 30 consecutive trading days at any time, the Company may, within 20 days following such occurrence but without having been required to act upon the first occurrence thereof, deliver a notice to the holders thereof accelerating the expiry date of the Warrants to a date that is 30 calendar days after the date of such notice.","length":797,"tagName":"p"},{"type":"text","content":"In connection with the Offering, the Company has granted the Agents an option to sell up to such number of additional Units which is equal to 15% of the Units sold under the Offering at the Offering Price (the "Agents' Option"). The Agents' Option will be exercisable in whole or in part, at the sole discretion of the Agents, up to 48 hours prior to the Closing Date (as defined below).","length":410,"tagName":"p"},{"type":"text","content":"The Units will be offered by way of private placement pursuant to applicable exemptions from prospectus requirements in each of the provinces of Canada...