CVW Sustainable Royalties Announces Second Quarter 2025 Results

About this update from Northstar Clean Technologies, Inc.

[{"type":"text","content":"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.","length":539,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"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.","length":263,"tagName":"p"}]},{"val":[{"type":"text","content":"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.","length":237,"tagName":"p"}]},{"val":[{"type":"text","content":"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.","length":266,"tagName":"p"}]},{"val":[{"type":"text","content":"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.","length":266,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1032,"olType":false},{"type":"text","content":"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 shingl...

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