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CVW Sustainable Royalties Announces Third Quarter 2025 Results
Calgary, Alberta--(Newsfile Corp. - November 19, 2025) - CVW Sustainable Royalties Inc. (TS...
About this update from Cvw Sustainable Royalties Inc.
[{"type":"text","content":"CVW Sustainable Royalties Announces Third Quarter 2025 ResultsCalgary, Alberta--(Newsfile Corp. - November 19, 2025) - CVW Sustainable Royalties Inc. (TSXV: CVW) (OTCQX: CVWFF) (FSE: TMD) (the \"Company\" or \"CVW Royalties\") today announced its operating and financial results for the three and nine months ended September 30, 2025. For complete details, please refer to the Q3 2025 Condensed Interim Financial Statements and associated Management's Discussion and Analysis available on SEDAR+: www.sedarplus.ca or on our website: www.CVWSustainableRoyalties.com.HighlightsCash on hand as at September 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. (\"Northstar\") was $371,000 for the three month period ended September 30, 2025, and $1.1 million for the nine month period ended September 30, 2025.Net loss for the three month period ended September 30, 2025 was $1.0 million and the net loss per share was $0.01 (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 September 30, 2025 was $3.1 million and the net loss per share was $0.02 (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 U.S.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...