CALGARY,
AB, June 19, 2023 /CNW/ - CVW CleanTech
Inc. (the "Company" or "CVW CleanTech") (TSXV: CVW) is
pleased to announce that on June
19th, 2023 it granted stock options to three of
its Officers:
- Joshua Grant, the Company's
Chief Financial Officer, was granted stock options for the purchase
of 300,000 common shares. These stock options are exercisable at a
price of $0.93, with a term of five
years to expiry;
- Lee Girardo, the Company's Vice
President, Corporate Development, was granted stock options for the
purchase of 600,000 common shares. These stock options are
exercisable at a price of $0.93, with
a term of five years to expiry; and
- Viraj Patel, the Company's Vice
President, Engineering, was granted stock options for the purchase
of 250,000 common shares. These stock options are exercisable at a
price of $0.93, with a term of five
years to expiry.
The grant of stock options to Mr. Grant, Mr. Girardo and Mr.
Patel is pursuant and subject to the terms and conditions of the
Company's existing stock option plan and is subject to all
regulatory requirements. The options will vest after a minimum of
18 months and after attaining certain performance or market-based
conditions.
About CVW CleanTech
Inc.
CVW CleanTech Inc. is a clean technology innovator, working
to develop sustainable technology solutions. The Company has
developed a suite of technologies called Creating Value from
Waste™ ("CVW™") that recovers bitumen,
solvents, critical minerals and water from oil sands froth
treatment tailings while significantly reducing their emissions and
enhancing tailings management.
For further information, please contact:
Akshay Dubey
|
Joshua Grant
|
CEO
|
CFO
|
403.460.8135
|
403.460.8135
|
Akshay.Dubey@CVWCleanTech.com
|
Joshua.Grant@CVWCleanTech.com
|
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE CVW CleanTech Inc