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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 Jan 20, 2021 6:49pm
201 Views
Post# 32340797

News

NewsNot sure if this was posted. CALGARY, ALBERTA January 19, 2021 Titanium Corporation Inc. (the "Company" or "Titanium") (TSX-V: TIC) is pleased to announce that the Company and Natural Resources Canada have signed a Non-Repayable Contribution Agreement (the Agreement) for $1.96 million of funding of eligible expenditures of a work program for the period April 1, 2020 to March 31, 2021 as part of the detailed engineering phase of the CVW Horizon Project. The Clean Growth Program is a Government of Canada collaborative approach to advance clean technologies toward commercial readiness so that natural resources operations can better reduce their impacts on air, land, and water, while enhancing competitiveness and creating jobs. The government continues to support innovative and sustainable projects to lower emissions and save Canadians money, said the Honourable Seamus ORegan Jr., Canadas Minister of Natural Resources. We wish to thank Natural Resources Canadas Clean Growth Program for their support toward commercialization of our CVW sustainable technology, commented Scott Nelson, Titaniums President and CEO. This program and funding are invaluable in meeting the environmental challenges and economic opportunities facing Canadas natural resources operations. The work program includes validation engineering for CVW Horizon Project facilities including the concentrator plant, minerals plant and transload facility and associated Class 3 capital cost estimates. During the first quarter of 2021, the program will focus on minerals sample testing, minerals process engineering work to validate the resizing of the minerals plant and the front-end engineering design of a transload facility for rail shipment of minerals products. Titanium has also been awarded funding for the CVW Horizon project by Sustainable Development Technology Canada, Emissions Reduction Alberta, and Environment and Climate Change Canadas Low Carbon Economy Fund.
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