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CVW CleanTech Inc TITUF


Primary Symbol: V.CVW Alternate Symbol(s):  CVWFF

CVW CleanTech Inc. is a Canada-based clean technology royalty company. The Company is in the process of building a portfolio of royalty-based cash flow streams by partnering with clean technology innovators in the commodity space. It is focused on providing solutions to the mining sector of Canada's oil sands industry. The Company has developed a suite of technologies called Creating Value from Waste (CVW) 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, and enhance tailings management. Its technology is designed to intercept oil sands froth treatment tailings before discharge to tailings ponds, recover commodities such as bitumen, solvents and valuable critical minerals while reducing GHG emissions, VOC emissions, tailings volume and other environmental impacts. It has a concentrator plant (CP) and a mineral separation plant.


TSXV:CVW - Post by User

Post by diggin4alivingon May 10, 2019 11:03am
113 Views
Post# 29734157

News

News I'm sure you all know this deal but wanted to post it just for info. Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Offering") by issuing 5,826,485 units ("Units") at a price of $0.70 per Unit for gross proceeds of $4,078,539.50. Each Unit consists of one common share of the Company ("Common Share") and one half of one Common Share purchase warrant of the Company ("Warrant"). Each whole Warrant shall be exercisable to purchase one Common Share at a price of $1.40 per Common Share until May 9, 2022. Titanium may complete one or more additional closings for the sale of up to 1,373,515 Units. The Company paid cash selling commissions in the amount of $144,270 which is equal to six percent (6%) of the gross proceeds raised from a portion of the Offering. The Common Shares and Warrants issued pursuant to the Offering are subject to a four month hold period under applicable securities laws, which hold period expires four months and a day following the date of issue of the Units. Proceeds of the Offering will be used to fund the Company's ongoing efforts to commercialize its Creating Value from Waste(TM) (CVW(TM)) technology and for general operating purposes.
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