CVW Sustainable Royalties Announces Second Quarter 2026 Results
Calgary, Alberta--(Newsfile Corp. - August 27, 2026) - CVW Sustainable Royalties Inc. (TSXV: CVW) (OTCQX: CVWFF) (FSE: TMD) ("CVW Royalties" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. For complete details, please refer to the Q2 2026 Condensed Interim Financial Statements and associated Management's Discussion and Analysis, available on SEDAR+: www.sedarplus.ca or on the Company's website: www.CVWSustainableRoyalties.com.
YTD Q2 2026 Financial and Operational Highlights * During the quarter, shareholders voted in favour of creating a non-voting class of shares to complete a $50.0 million strategic investment from Fairfax Financial Holdings Limited ("Fairfax"). The Company subsequently closed the financing, bringing total gross proceeds raised by the Company in 2026 to approximately $100.0 million. * Total accrued revenue from the Company's royalty debenture with Northstar Clean Technologies Inc. ("Northstar") was $405,000 for the three month period ended June 30, 2026, and $795,000 for the six month period ended June 30, 2026. * The Company earned interest income of $533,000 for the three month period ended June 30, 2026, and $622,000 for the six month period ended June 30, 2026. During the quarter, Northstar closed the final tranche of its US$10.0M private placement, providing additional capital as it continues to debottleneck its Calgary facility. In July 2026, Northstar also announced that it made sales to McAsphalt Industries which is the offtaker for the liquid asphalt oil from Northstar's Calgary facility.
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