CVW CleanTech Announces Maiden Royalty Investment into Northstar Clean Technologies and $15 million Brokered Private Placement
Summary
As we diversify our company into a clean tech royalty platform, it presents a transformative opportunity to create shareholder value and accelerate growth," said Akshay Dubey, CEO of CVW CleanTech. The CVW technology is a Tier 1 opportunity advanced to the precipice of commercialization, potentially offering tremendous value to our investors with the ability to generate consistent long-term cash flow streams. Finally, the Transaction will add a reputable and sophisticated long-term partner in CVW CleanTech who has both technical expertise and support from the highly successful entrepreneurs that make up its leadership team. "United States" and "U.S. person" are as defined in Regulation S under the U.S. Securities Act.CVW CleanTechs vision is to invest in innovative technologies which provide returns linked to commodities and which operate in a sustainable manner that helps accelerate the worlds transition to net zero. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at its first commercial scale up facility in Calgary, Alberta.