O.T. Cleantech cousin(s) involved in recent financingCVW - oilsands mining trailings (recovery of elements like titanium i.e. used in Apple Watches) involved in recent two successful financing.
One is investment of $14mm 10% convertible into a royalty stream of another Cleantech symbol ROOF. ROOF (Northstar) is repurposing asphalt singles, Chairman was COO of several noteworthy gold miners. Actually deal is financing 2 Northstar facilities (so $7mm each) and convert to royalty stream once the facilities goes online.
Second, CVW also raised another $16mm at 0.90/share.
I note that CVW has pivoted its vision and directrion, now reads:
Providing royalty financing for businesses at the intersection of clean technology and commodities, helping to decarbonize the Earth in a profitable and sustainable manner
CVW Cleantech's vision is to invest in innovative technologies which provide returns linked to commodities and which operate in a sustainable manner that helps accelerate the world's transition to net zero. CVW Cleantech is in the process of building a portfolio of royalty-based cash flow streams by partnering with clean technology innovators in the commodity space. CVW Cleantech is the 100 per cent owner of its proprietary technology, 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.