CVW Sustainable Royalties loses $1.2-million in Q2 2025

Mr. Akshay Dubey reports CVW SUSTAINABLE ROYALTIES ANNOUNCES SECOND QUARTER 2025 RESULTS CVW Sustainable Royalties Inc. today released 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+ or on the company's website. Highlights 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. Total revenue from the company's royalty debenture with Northstar Clean Technologies Inc. was $367,000 for the three-month period ended June 30, 2025, and $721,000 for the six-month period ended June 30, 2025. Net loss for the three month period ended June 30, 2025, was $1.2-million and the net loss per share was one cent (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. Net loss for the six-month period ended June 30, 2025, was $2.1-million and the net loss per share was one cent (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. 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 shingles from intake to final product. Northstar is now focused on increasing throughput to reach its next milestone target of 80 tonnes per day. Northstar also announced that it has received a non-binding letter of intent from Export Development Canada for potential project financing for up to four Northstar facilities in the United States. This demonstrates strong financing support for Northstar and its growth plans. In July, 2025, the company updated its listing status to investment issuer pursuant to the policies of the TSX Venture Exchange. The company also amended its articles and commenced trading on the TSX Venture Exchange under the name CVW Sustainable Royalties. The company's ticker symbol remains unchanged. The industry classification change, together with the name change, is expected to support the company as it aims to capitalize on its pipeline of over $600-million in potential royalty transactions. About CVW Sustainable Royalties Inc. CVW Sustainable Royalties 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 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. We seek Safe Harbor.